《a16z CTO: From Memecoins to Network Tokens, Understanding Token Design》 (Translated by KeyMapDAO) a16z crypto CTO Eddy Lazzarin breaks down the uses and risks of different tokens, from Memecoins, stablecoins, and gaming tokens to network tokens. He believes tokens are not just simple fundraising or payment tools but should serve the protocol's supply-demand balance, network effects, and security.