Thread by @haydenzadams on Thread Reader App

@sariazout: In theory, crypto makes it possible for users to partake in the success of the products and communities they are part of. In practice, token-based economies are very difficult to design. We’re going to see a lot of trial and error. Some challenges I'm seeing:

Early versions of token distributions have led to unsustainable dynamics wherein speculators are rewarded instead of those who are adding consistent value to networks through actual usage.