Alex Wittenberg

Economic models for tokenized communities should be viewed through the lens creating value for the community rather than capturing value from the customer.

There is a difference between what Chris Argyris called “espoused theory” (what someone says when they are interviewed) versus their “theory in use” (the mental models that actually drive their actions in daily life). Note that Argyris was not making the obvious distinction between someone’s theory and action, but instead the distinction between... See more

Protocol’s tokenStablecoins (DAI, USDC, etc.), a portion of which earn yield. Stablecoin allocation depends on the liquidity needs and treasury budget.Blue chip crypto assets (BTC, ETH)DeFi index (DPI)Early-stage token investments and M&A that improve the protocol's competitive positioning. The discussion between Keep and NuCyphur is an example of... See more

No one in our community is super excited about putting down their main thing they're passionate about to just do governance. Builders and activists don't necessarily want to do a bunch of bureaucratic stuff. I hope we can make it feel immediate, like 'I participate and my voice is heard and it really has an influence that positively impacts me and... See more

The vision for the Aave treasury is to encourage innovation, accelerate growth, and prudently manage financial assets, while providing relevant and transparent financial reporting content. As long term believers in Aave, the protocol is to remain overweight $AAVE capturing future growth upside, whilst hedging against the risks of adverse market... See more

I wonder for how many of us the experience of the world is already so attenuated or impoverished that we might be tempted to believe that a virtual simulation could prove richer and more enticing? And how many of us already live as if this were in fact the case? How much of my time do I already devote to digitally mediated images and experiences?... See more

Not surprisingly, Rosa rightly notes that “technologies and processes associated with digitalization have fundamentally transformed our lives by making nearly the entire world, as it is represented in our consciousness, accessible and controllable in historically unprecedented ways.” Digital technology has especially abetted the parameterization of... See more

The first three principles outline how cooperatives should function:Voluntary open membershipDemocratic member controlMember economic participationThe other four principles outline shared virtues and values:Autonomy and independenceEducation, training, and informationCooperation among cooperativesConcern for community