People are tokenizing… themselves

There’s a fascinating trend I’ve been seeing around for a bit now. People are tokenizing their time, aka initial time offering.

How it works:

  1. You create an ERC-20 token on Ethereum

  2. Set the terms. For example, 1 token equals 1 hour of my time.

  3. Launch your token on a decentralized exchange like Uniswap.

  4. Let the market economy do its magic.

Here are a few examples of skilled people launching their personal tokens:

Additionally, let’s go crazy for a minute - if this trend should take off, it could even be seen as a real asset class and why not also used as collateral.

As a matter of fact, it would be a fantastic asset. Imagine holding personal time-tokens of 10 different people, who all are developers and designers in high demand.

  • If they score with their career, you score since the value of their time goes up. 

  • These tokens have substantial fundamental value - there’s always a demand for a highly-skilled developer, for example.

I’ve seen people talk about this for the past two years. It’s a fascinating experiment, and I’ll definitely be playing with it.