CoinDesk Reports

Consensus Rewind: Community Tokens Are the New Black

Whale Shark, founder of $WHALE and E1337, joins Disco CEO Evin McMullen and Water & Music's founder Cherie Hu to discuss the evolution and significance of social tokens, with moderator Joon Ian Wong, founder, Cryptographic Media

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“Community tokens are a form of social tokens that are created as a means of incentivizing community and governance,” says Whale Shark.

The speakers discuss what community tokens are. They get into the history of the tokens and how social/community tokens are used throughout different industries. They also talk about the difference between community tokens and loyal rewards programs.

The panel discussion took place on June 10, the second day of CoinDesk’s Consensus 2022 festival in Austin, Texas.


The executive producer for CoinDesk Reports is Jared Schwartz. Nia Freeman edited this episode.