Henry He

Tokenomics/DeFi/Web3/Crypto

[Henry He @hhe08]

1/ The Ascent of UGT (User Generated Token) - new meta! #Tokenization is at inflection point after 10yrs since #ICO. UGT is leading the charge of Tokenization 2.0. If history repeats, who will become massively successful UGT product like UGC peer @Instagram, @YouTube, @tiktok_us?

[Henry He @hhe08]

@jessewldn Congrats Jesse!

[Henry He @hhe08]

@guywuolletjr congrats!

[Henry He @hhe08]

@propagandabuild I do!

[Henry He @hhe08]

@guywuolletjr Nothing is black&white. IF tokens are used as incentives to drive growth, buy&burn is effectively used to drive growth. IF the economics is designed well, b&b can have leverage and works better than cash. Truth: few understand it & can do good economics designs that are critical!

[Henry He @hhe08]

@PunkXBT_ @liamihorne @VitalikButerin @chuk_xyz it is unfortunate. the market has never been there, not even today. honestly, little surprised that a dedicated payment L1 still needs state channel to handle projected future volume. @tempo @matthuang @gakonst what do you know that the public doesn't know? mind educate us?

[Henry He @hhe08]

@frontiertower @Superherohotel Indeed "hallway conversation"! Congrats!

[Henry He @hhe08]

@0xave @tkstanczak replied your DM

[Henry He @hhe08]

@ivangbi_ @ethereumfndn congrats!

[Henry He @hhe08]

@HadickM @hosseeb @dragonfly_xyz @tomhschmidt big congrats Rob!

[Henry He @hhe08]

@tomhschmidt @hosseeb @HadickM Congrats!

[Henry He @hhe08]

@hosseeb Big congrats!

[Henry He @hhe08]

@MichalBene @multiliquid_xyz @will_beeson Congrats!

[Henry He @hhe08]

@VitalikButerin Bingo! *surfacing good content* (e.g. curation) is critical to success. All successful web2 UGC products including Substack have done great job at curation. So far, all web3 UGT products including @zora have done a poor job at curation and suffer from it: https://t.co/reOF6cVVrI

[Henry He @hhe08]

12/ First, capital & KOl curations can be easily gamed & traders will be unfairly harmed, resulting products losing demand side. Second, creators who don’t have capital or KOL won’t have much financial return & will stop creating tokens, resulting products losing supply side.

[Henry He @hhe08]

@delitzer nah, that's really a narrow view on categorizing the phases of tokenization. Like UGC is the hallmark of Web 2.0, the hallmark of Tokenization 2.0 should be UGT: https://t.co/i9eLP7MLAX

[Henry He @hhe08]

1/ The Ascent of UGT (User Generated Token) - new meta! #Tokenization is at inflection point after 10yrs since #ICO. UGT is leading the charge of Tokenization 2.0. If history repeats, who will become massively successful UGT product like UGC peer @Instagram, @YouTube, @tiktok_us?

[Henry He @hhe08]

@notthreadguy I hope everyone will see the common sense in your decision: https://t.co/Sqrkt1HvbD

[Henry He @hhe08]

10/ Like UGC, UGT as a whole is incredibly valuable. With infinite supply, if every UGT has financial value, then there will be infinite financial value, which violates common sense! Intuitively winning UGT products should be good at curating UGT that has great financial value.

[Snibby @ItsSnibby]

@hhe08 @eliqiann @KyleSamani Nice thread and solid distinction. Token framing makes more sense if you’re anchoring on-chain logic while letting assets live elsewhere. UGT feels cleaner for composability and long-term UX. @hhe08 follow back appreciated fr

[Henry He @hhe08]

@KeithGrossman Good perspective. I would like to add that the downward trend of meme coin is inevitable due to its bad fundamental design and next wave needs to fix it to become long-term successful: https://t.co/reOF6cVVrI

[Henry He @hhe08]

12/ First, capital & KOl curations can be easily gamed & traders will be unfairly harmed, resulting products losing demand side. Second, creators who don’t have capital or KOL won’t have much financial return & will stop creating tokens, resulting products losing supply side.

[Henry He @hhe08]

@BNBCHAIN @nina_rong congrat Nina!