Though Adam Moserri, the design thinker and head of Instagram thinks of tokens as equity or shares, the ideas he shared posted on Ted Talk last month confirm what blockchain and crypto advocates have been saying for years. He talks about cryptocurrency, social tokens, NFTS, DAO, and smart contracts. He describes them as a group of ideas known in the industry as Web 3. He acknowledges that every one of these is built on a foundation called a blockchain. Through this technology, he dreams of a world where the original promise of the Internet is realized and power is pushed away from the establishment to what he describes as "creators," individuals whose personality is their brand. He concluded his talk with this inspiring statement:
We will create a world where anyone with compelling ideas can turn their passion into a living and at the same time, effect possibly the greatest transfer of power from the institutions to individuals in all of history.
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