A Neutral Read on Tokenisation | Tokenisation has stopped being a slogan & become a market - Here is the scorecard, & an even-handed read
Real, partial, and unfinished. For PCR's purposes the practical posture follows directly: use the parts that work, underwrite the parts that are still claims rather than facts, and watch fragmentation and legal certainty as the variables that decide which future arrives. The prophecy was early. The scorecard says it is also, so far, only partly right.
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