Austin Castellaw

Reputation tokens on digital platforms typically serve two purposes:

In Coordinape's current app distributing funds is a manual process, with Gnosis Safe and Disperse App being popular ways to use our CSVs for distribution. Soon, we will integrate our first contract element with Coordinape: the ApeVaults.ApeVaults are Ethereum mainnet vault contracts that can be minted by a DAO to hold currency or native tokens in... See more

In this third part, I’m going to cover utility. Utility is a subsection of the Demand side of the tokenomics equation. Even if a token has a great supply model, it still needs a good reason to exist and for people to hold it. Without those, there will be no demand for it, and no one will buy or hold it.

Revenge Votes are mostly happening in small DAOs in which members usually allocate to all members. If someone gives you an amount that you don’t find acceptable, you will also allocate a small amount to this member.

The cycle is pretty much - creator attracts viewers on Y → Y becomes the ideal platform for viewers to view their creators → Y uses creator to attract more creators → Y gets more creators, earning them more money, allowing them to attract more creators → but now Youtube virtually has monopoly over all other similar platforms and creators → They get... See more