At the Supply Chain Insights Global Summit, we challenged the audience to think about "social tokens" using this presentation from Luke Layden of Coin Desk.
2. Imagining Supply Chains in 2030
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Agenda 01 Intro
02 Social Tokens
03 DESK
04 DESK for Events
05 DESK for Media
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HI, it’s nice to meet you
● My name is Luke Layden
● Working in the Web3/Blockchain for almost 4 years now
● Currently at CoinDesk, the leading news-media platform in the crypto space
● Strategic lead for DESK, CoinDesk’s social token initiative
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4. Imagining Supply Chains in 2030
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● Social tokens are crypto tokens used to empower, incentivize, and reward a web3 community
● Examples:
○ Friends With Benefits (FWB)
■ a web3 creative community where people become members by purchasing a certain number of FWB. The money is
then redistributed into community initiatives via tokenized voting
○ Global Coin Research
■ a web3 research community where people can access token-gated content by purchasing $GCR or earning $GCR by
submitting research
(Web3: the third evolution of web technologies defined by decentralization, data rights, interoperability, and
tokenization)
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What is a social token
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What about DESK?
● DESK is an ERC20 token that lives on Polygon mainnet
● 5 billion tokens have been minted, with 5 billion more planned
● An experiment in endemic value modeled after credit card points and airline miles
● Redeemed for NFTs, physical goods, and token-gated access
● Tokenized voting
● ~8000 DESK holders, ~4000 in the community
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DESK For CoinDesk Events
● Attendees earn DESK for purchasing a ticket, attending programming, exploring events, and interfacing with
sponsors
● Redeemable for food, drinks, merchandise, and in our virtual stores
● Distributed via QR code, with a tokenized whitelist
● Consensus ‘21 virtual beta, Coffee with Barry Silbert
● Consensus ‘22 full launch with lessons learned
● ~3500 attendees or 16%
● 22,200 transactions to date
● 20K spent at Store of Value & Food vendors
● Focused on UX and scalability for C ‘23
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DESK For CoinDesk Media
● Currently under development, slated to launch early 2023
● Every CoinDesk account holder earn DESK for reading articles, taking quizzes, completing quests, watching
videos, listening to podcast etc.
● Wallet-only accounts
● Selective tokenization, alignment with business objectives and product needs
● Opportunity for sponsorship
● Beginnings of a community-driven roadmap
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