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Consensys to Integrate Token-Driven Economy Across Its Products

Joseph Lubin revealed plans to embed a token-based economic model in Consensys offerings, including the Infura API platform.

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Summary

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Terms & Concepts
  • Token-Driven Economy: An economic system where transactions, incentives, and governance are facilitated using blockchain-based tokens.
  • Infura: A blockchain infrastructure service by Consensys that provides APIs for easy and reliable access to Ethereum and IPFS networks.
  • Consensys: A blockchain technology company focused on building Ethereum-based products and services.