Austin Castellaw

-People are more satisfied with their job when they know the process on how they are compensated and how their work is valued. 

-Yearn started just doing grants or gifts for contributors after they did great work. Some studies have shown that financial incentives can inhibit creativity. Coordinape is based on the gift economy where every month there is a budget and the members receive give tokens which they can give to people and people receive compensation based on those... See more

2. Who to distribute ownership to (making sure you are distributing ownership to those that create the most value)

Social tokens have shown their efficiency to incentivize individuals to share their skills with others. Well-designed incentives are more than crucial as they can make your project tremendously grow. Social Tokens are best used when they scale or incentivize coordination and engagement between community members. Incentives are ideal when it's... See more

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

-Aligned incentives have a big role in the success of DAOs along with giving people power over their work or having a piece of ownership. It can also serve as a personal expression about what you care about.

Is Coordinape a perfect tool ?