"The magic of tokens that's not really viable for stocks is that you could keep minting on the other side... totally decoupled from the fees coming in." @eddylazzarin on the buy-and-burn vs. mint-and-spend, and the lever token networks have that equity doesn't: "The idea of the buy and burn is that you take revenue in one side, you charge whatever you can get away with in terms of your price. You take that revenue and use it to burn the token... reducing its supply, which helps it appreciate." "The mirror of the buy and burn is the mint and spend. And this is where you are minting tokens out of nowhere to pay for whatever you need for growth or for network activities." "You can keep pulling in fees and test your ability to charge in the market while completely separately scaling your spending in order to facilitate the most growth." "In stocks, you can't pay an onboarding bonus to Uber drivers or whatever with your stock... To pay for growth, a conventional company has to do it in a very indirect way. They have to sell the equity to an investor in a private round to get cash to spend on growth. But this allows you to circumvent that completely."(a16z crypto)