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1/ Social tokens uniquely represent the value of social capital, not human or economic capital.
Social tokens make it easier to "price" social capital, e.g. a person's or community's network. But that's secondary.
How to increase the value of the social capital?
A thread.
Social tokens make it easier to "price" social capital, e.g. a person's or community's network. But that's secondary.
How to increase the value of the social capital?
A thread.
2/ Social tokens increase in price if social capital increases in value. But what is social capital exactly?
Social capital is goodwill. Specifically, goodwill available to an individual, or to a community.
Does goodwill matter? Yes.
Social capital is goodwill. Specifically, goodwill available to an individual, or to a community.
Does goodwill matter? Yes.
3/ Goodwill yields benefits in three ways:
1. Goodwill yields benefits of information
2. Goodwill yields benefits of influence
3. Goodwill yields benefits of solidarity
If social capital is goodwill with these benefits, then where do we source social capital?
1. Goodwill yields benefits of information
2. Goodwill yields benefits of influence
3. Goodwill yields benefits of solidarity
If social capital is goodwill with these benefits, then where do we source social capital?
4/ Social capital is located in the relationships of social actors, not their economic, contractual, or hierarchical relationships.
It's the people that matter. Not the AMM constructions, LM schemes, and governance rights per se.
You want more valuable social capital?
It's the people that matter. Not the AMM constructions, LM schemes, and governance rights per se.
You want more valuable social capital?
5/ There are three key levers to increasing social capital:
1. Increase the opportunities in your community by optimizing network structure
2. Specify norms and values that motivate people to help each other
3. Increase diverse yet complementary abilities in your community
1. Increase the opportunities in your community by optimizing network structure
2. Specify norms and values that motivate people to help each other
3. Increase diverse yet complementary abilities in your community
6/ Social tokens = tokens representing *social* capital. Their price 
as the value of social capital . Value means information, influence, and solidarity benefits derived from social relationships. value of social capital by opportunity, motivation, and abilities.
as the value of social capital . Value means information, influence, and solidarity benefits derived from social relationships. value of social capital by opportunity, motivation, and abilities.
7/ This definition of social tokens also links to much research on social capital & networks. Building on this work may accelerate the social token movement 
@daofi @tryrollhq @rally_io @seedclubhq @unite_cmty @Collab_Land_ @joonian @ianjohnlee @OutpostProtocol @CoinviseCo
@daofi @tryrollhq @rally_io @seedclubhq @unite_cmty @Collab_Land_ @joonian @ianjohnlee @OutpostProtocol @CoinviseCo
