According to Cong, Li, Wang (2021), what is the determinant of the value of utility tokens? What does this mean in laymen’s terms (i.e., in your own words)?

According to Cong, Li, Wang, the key driver of utility tokens are network effects. The price of tokens is determined by aggregating heterogeneous users’ transactional demand, rather than discounting cash flows. This means that the important value driver behind utility tokens is the fact that more people make use of the token because that benefits yourself.