Executives from a16z are advocating for more crypto projects to utilize “arcade tokens” similar to airline miles to boost user engagement and build economies. These tokens offer stable value within specific ecosystems, promoting usage over speculation. Projects like Blackbird’s $FLY token are already using this model to incentivize users. Arcade tokens offer price stability, usability, and ecosystem support compared to stablecoins. However, they may not be necessary for all projects.

Read more at Cointelegraph: A16z’s Sees Arcade Tokens As Key To Crypto Evolution