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Symbolic Value Token
  • āœ³ļøSymVal
  • Symbolic Value Token
    • āž°Can a token carry meaning?
    • ⛳Our Goals
    • ā›“ļøHow to code symbolic values in smart contracts?
    • 🌳Can a token display more than just a balance in a wallet?
    • šŸ¦‘Token Model
    • šŸ‘ÆTeam
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NextCan a token carry meaning?

Last updated 1 year ago

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How can a fungible token be designed to carry high symbolic value?

When tokens are non-fungible this is an easy task. Many NFTs are designed to hold little or no monetary value, and high symbolic content.

As an example, are minted to symbolize memories of specific moments and events in time and/or space.

Fungible tokens cannot escape holding monetary value, but can they be designed to allow a richer symbolic value as well?

Could we create a token still compatible with permissionless automated market makers, but also useful for holding non-monetary values?

https://giveth.io/project/symval
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