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Social Tokens, Ownership Economy and Timeswap

Towards a world co-owned by creators as well as consumers , powered by web 3.0

The Ownership Economy

To understand the importance of Social Tokens, we need to understand the shift in digital economy that is taking place at the moment. With the rise of the internet, we have been living in the golden age of Creator Economy for a while now. This enabled individuals to build a businesses around themselves and their content and leapfrog the legacy structures that had held them back for so long.

So what are Social Tokens?

The Defiant describes it as:

Types of Social Tokens

Like DAOs and often complementary to them, there are various types of Social Tokens being used in different communities.

Community tokens

These are used by communities like Forefront and FWB for their functioning instead of just one creator or individual. These can be used by communities to self-govern by giving people voting rights through the token allocation on important decisions that concern the group. They can also be used in managing or engaging the community as well by rewarding people for their contributions within their forum, IRL events or on social media. Your imagination is the limit.

Creator Tokens

Creators like Kerman Kohli and RAC are front-running this movement of creators incentivizing people to join their communities using Social Tokens. Creators can use these tokens to make their private fan clubs by giving perks and special access to the holders. It gives people incentive to become a part of a creator’s 1000 true fans.

Personal tokens

It is also possible for someone to create a personal token of their brand or identity. This could represent their reputation, time or even a piece of their work/art. $ALEX and Matthew Vernon are examples of people innovating in this realm.


As we’ve seen till now, Social Tokens offer much more than just financial speculation. The utility of a Social Token is dependent on the creativity of its creator and could be used in ways we can’t even comprehend today.

  • Managing Communities
  • Governance of DAOs/Communities
  • Creating monetary value
  • Creating social value
  • Rewarding/providing special access to people

Where does Timeswap fit in?

Social Tokens and Timeswap are like a match made in the DeFi heavens.

Permissionless Money Markets

Since Timeswap is completely permissionless, anyone holding a token of their favourite creator can create a lending and borrowing market for it. This enables users access to liquidity using their tokens without losing their ownership by selling them. This enables communities to self-organize and create a native economy within their community itself without relying on any external entity

Yield for Community

Community members can earn a yield on the social tokens they hold or even use them as collateral for debt without having to sell them off when they need liquidity. This enables long-term value alignment between community and creator.

Creator Debt Financing

As Timeswap enables fixed-term lending and borrowing, it can also be used by creators to issue debt directly to their community by deploying their social tokens as collateral.



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