The alternative to web5 using smart tokens on EVM compatible chains [VIDEO]

CryptoSlate talked to Smart Token Labs and TokenScript founder Victor Zhang about the future of tokenization and how it can penetrate the world of web2. Zhang believes that the future of web3 is that every website or application will be embedded in its own token. Each token interacts with other protocols or wallets to represent digital ownership across multiple applications.

According to Zhang, the future of tokenization is not limited to artwork and rights management, and smart tokens represent physical items, services, web IDs, attendance at events, and ownership of personal identities. Ownership is on the user side, similar to the concept of web5, but is not limited to the Bitcoin network.

This 31-minute interview details how smart tokens can provide an alternative to web5.