What’s New in Capitalism 3.0:
1. Tokenization: Tokenization is the digitization of any physical or digital asset into a cryptographic smart contract (a native blockchain program) referred to as a “token” or cryptoasset. Tokens can be programmed to behave as equity, debt, or payment tokens and are easily subdivided, resulting in fractional ownership out of the box. Cryptoassets are designed to be inherently transferable wallet-to-wallet, with immediate settlement using smart contracts with trustless atomic swaps that can behave as decentralized stock exchanges.
2. Token Economics: Token economics are a combination of game theory and incentive mechanics designed to distribute value to the market participants who produce it. Incentives include blockchain mining and rewards for participating in these new decentralized network protocols (e.g. computing and file storage)