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@ Open Collective
2025-05-16 03:07:33
You are absolutely right.
You also don’t need Wordpress to start a blog.
The main reason to use a Ethereum for a community token is sharing a common open infrastructure to record transactions and —as a result— being able to tap into a large community of developers and apps that can interoperate.
Could Nostr be used to issue a community currency? I guess you could record the state of an ERC20 as a Nostr note. It wouldn’t be decentralized though as a single nsec would control the state.
What other ways are you thinking of?