Austin Castellaw

Short answer is “No”…. But of course nothing is perfect! I will explain why and propose some possible solutions. But I also know the team behind Coordinape is working hard to constantly improve it! Let’s improve it all together and build the perfect tool!As it was mentioned above, one issue is members not allocating “properly”. Properly is probably... See more

Social tokens have shown their efficiency on incentivizing individuals to share their skills with others. Projects that have succeeded in creating thriving communities all have strong Tokenomics. Tokenomics is a successful community’s superpower.

Economic valueGovernance rightsMembership & access

-People are much happier with the transparency of the give tokens. Coordinape does not solve the problem of social signaling as the most veteran visible members often receive the most recognition.

-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

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.

Dope Wars, Briq, Loots, The Realms, The Ninth, and Influence, to name a few, belong to this category.In this article, we would like to explore the strengths and weaknesses of each macro-category.