Your point 2 is very nicely worded, and maybe a fundamental concept of tokens, but one I had not heard marketed as such up until now...the token is a method of

Your point 2 is very nicely worded, and maybe a fundamental concept of tokens, but one I had not heard marketed as such up until now...the token is a method of tracking the value of the network. Interestingly enough I had always considered the token concept similar to the corporate structure of a non-profit, that is there are: incorporators (the ico/smart contract authors); members that usually buy into the non profit (token holders); but there is otherwise no ownership of a nonprofit entity. Though I have never seen nonprofit membership artificially limited in the hopes of the membership rate increasing and for purposes of reselling the membership in secondary markets. It does begin to muddy the waters, but the framing of network value is a very interesting concept.