Token Design: Mental Models, Capabilities, and Emerging Design Spaces with Eddy Lazzarin

Eddy Lazzarin, CTO at a16z crypto, draws on his experience collaborating with web3 teams to propose a new framework for token design. Tokens are a powerful tool in web3, but they’re still an early field: The formula for “success” looks more like alchemy than chemistry. This talk (originally delivered at the inaugural a16z crypto Founders Summit in November 2022) starts to make sense of an emerging landscape — covering common patterns and pitfalls, current token capabilities, and the many design spaces left to explore. And as mentioned, a link to the “Into the Breach“ postmortem: As a reminder, none of the content should be taken as investment, business, legal, or tax advice; please see for more important information, including a link to a list of our investments. More from Founders Summit ‘22: Emily Yang aka pplpleasr shares her journey as a creator (), and a conversation with CEO of Coinbase Brian Armstrong ()