By now, you’ve probably heard about cryptocurrencies. The word crypto seems inescapable: it creeps up in dinner conversations with friends, when complaining about the seemingly never-ending inflation, and in podcasts you listen to every day. 

Having a token brings a community together loosely with a financial stake, but composable membership holds a community together long term with social capital. That's a lot of buzzwords, so let’s explore this in three parts: