Are 'social tokens' the next big thing?

Cointelegraph

Published Oct 01, 2020 10:59PM ET

Updated Oct 03, 2020 01:00AM ET

Social tokens — or tokens backed by the reputation of an individual, brand, or community — are gaining traction and some believe they could be the next big thing in the cryptocurrency community.

But what are they, and why are artists, musicians and social media influencers rushing to tokenize their efforts in order to gift, or sell them, to followers?

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