Token Economy Research Institute: Four Key Points of Enterprise Tokenization

On September 15th, 2018, the Token Economy Incubation Training Course, sponsored by the Token Economy Research Institute and co-organized by the WanShare platform, continued, and Zhang Qianqian, the executive vice chairman of the WBTO World Business Token Group, takes" Token Economy Empower Real Enterprise and Create Value" as topic to make a deeper analysis and discussion with the students on the basis of what what shared yesterday. Zhang Qianqian pointed out that from the Stone Age to the digital age, new organizational models, new economic models, and new ways of collaboration are constantly emerging and updated, and our production efficiency and collaboration efficiency are constantly improving. Each production revolution brings an opportunity to re-wash the gap between the rich and the poor, and this is exactly what is brought by the blockchain technology.

She pointed out that we are now at the intermediate stage of the digital economy, and the token economy has huge significance at this stage. “Token economy is the value carrier of value Internet, an incentive medium for large-scale group collaboration, and a participatory economy that can solve some practical problems of entity enterprises.” Zhang Qianqian emphasized that in the process of tokenization, there are four key points to be considered by enterprises: “What problems are to be solved with the token? Do you need support from community or community group? Have you formed a closed ecological loop? Have you completed the Internet transformation?”

The token economy is not just about intermediaries. It will subvert the traditional business cooperation model such as the shareholding system and re-architect the distribution of rights and interests. Each participant is a shareholder or a member of the community. They can get multiple economic incentives. The economic model that is integrated with blockchain, combined with token, will change the existing business cooperation model, and will become a new trend.