Austin Castellaw

I think one of the most important things is for protocol teams or communities to first figure out what it is that they’re trying to accomplish and what their token specifically will be used for. For a lot of work token models like KEEP, NuCypher, or The Graph, the token is used to provide a service — the token is serving as a tax medallion. And so... See more

-DAO tooling is all about making it easier for humans to collaborate online. Human Resources traditionally exists to have tough conversations with employees. Zach is hoping this gets decentralized and we can create tools where we aren't looking for arbiters.

-Using coordinape as a performance evaluation tool and to reassess the expectations of member's contributions. DAOs can run into trouble knowing how available their members are especially if they are involved in multiple DAOs

-Zach trying to design systems where people are compensated based on their value to the DAO and can meet their needs. One way paying people say a base salary and then rewarding people in native tokens for work above and beyond. Chase agrees with this kind of model. 

Blockchains charge a monetary fee to the users proportional to the computational burden the nodes must verify. Thus, on this monolithic stack, the computation cost is quite high. Developers have been forced to write their code around such constraints, not being able to express the true potential of on-chain applications.

As players earn and extract money out of the gaming economy it puts significant downward pressure on prices, as most people are just cashing out their winnings and not reinvesting back into the game.