Tokens : The Future of Money in the Age of the Platform
Book Details
Format
Hardback or Cased Book
ISBN-10
1839768347
ISBN-13
9781839768347
Publisher
Verso Books
Imprint
Verso Books
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Oct 3rd, 2023
Print length
320 Pages
Weight
480 grams
Dimensions
24.20 x 16.10 x 2.40 cms
Product Classification:
SociologyPopular economicsInformation technology industries
Ksh 3,400.00
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The essential guide to this new landscape of NFTs, Web3, Crypto and DAOs and a warning of the political consequences of what happens when platform capitalism comes for the money in your pocket.
Longlisted for the Financial Times Schroders Business Book of the Year Award 2023
BEST BOOK OF THE YEAR: GQ, Los Angeles Times, Wired
The essential guide to this new landscape of NFTs, Web3, Crypto and DAOs and a warning of the political consequences of what happens when platform capitalism comes for the money in your pocket
Wherever you look, money is being re- placed by tokens. Digital platforms are issuing new kinds of money-like things: phone credit, shares, gift vouchers, game tokens, customer datathe list goes on. But what does it mean when online platforms become the new banks? What new types of control and discrimination emerge when money is tied to specific apps or actions, politics or identities?
Tokens opens up this new and expanding world. Exploring the history of extra- monetary economies, Rachel ODwyer shows that private and grassroots tokens have always haunted the real economy. But as the large tech platforms issue new money-like instruments, tokens are suddenly everywhere. Amazons Turk workers are getting paid in gift cards. Online streamers trade in wishlists. Foreign remittances are sent via phone credit. Bitcoin, gift cards, NFTs, customer data, and game tokens are the new money in an evolving economy. It is a development challenging the balance of power between online empires and the state. Tokens may offer a flexible even subversive route to compensation. But for the platforms them- selves they can be a means of amassing frightening new powers.
An essential read for anyone concerned with digital money, inequality, and the future of the economy.
BEST BOOK OF THE YEAR: GQ, Los Angeles Times, Wired
The essential guide to this new landscape of NFTs, Web3, Crypto and DAOs and a warning of the political consequences of what happens when platform capitalism comes for the money in your pocket
Wherever you look, money is being re- placed by tokens. Digital platforms are issuing new kinds of money-like things: phone credit, shares, gift vouchers, game tokens, customer datathe list goes on. But what does it mean when online platforms become the new banks? What new types of control and discrimination emerge when money is tied to specific apps or actions, politics or identities?
Tokens opens up this new and expanding world. Exploring the history of extra- monetary economies, Rachel ODwyer shows that private and grassroots tokens have always haunted the real economy. But as the large tech platforms issue new money-like instruments, tokens are suddenly everywhere. Amazons Turk workers are getting paid in gift cards. Online streamers trade in wishlists. Foreign remittances are sent via phone credit. Bitcoin, gift cards, NFTs, customer data, and game tokens are the new money in an evolving economy. It is a development challenging the balance of power between online empires and the state. Tokens may offer a flexible even subversive route to compensation. But for the platforms them- selves they can be a means of amassing frightening new powers.
An essential read for anyone concerned with digital money, inequality, and the future of the economy.
Get Tokens by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Verso Books and it has pages.
