Austin Castellaw

So, in summary, single, dual, or triple token models are irrelevant if the game's sink and sources are not thoroughly considered + target demographic + game objectives.  Personally, I favor a dual or triple token model that separates investor and player incentives.

Capital is flowing into crypto. Over $20B in crypto funds have been raised since the start of 2021 per Dove Metrics. Dry powder is abundant, but liquidity is asymmetrically distributed. Most capital is focused on early-stage, private projects. That’s not sustainable. While retail investors have been able to consume the float of historical crypto... See more

There are a variety of different strategies that can be employed to achieve a long term, stable value for a token. ‘Locking tokens’ is one of these strategies and is commonly seen as an effective way to keep a token’s value high in the long run. Token lockup refers to a specific period of time during which the tokens cannot be transacted or traded.... See more

But this new model of compensation isn’t without questions & challenges.  One criticism is that this model of peer-driven compensation incentivizes more visible, externally-facing work—which may not be correlated with impact—versus more unseen independent contributions.

Games like Axie Infinity, Crabada, and The Sandbox belong to this category.

Is Coordinape a perfect tool ?

-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

-Power naturally falls into a small group of people so you have to be intentional about giving away power as there are common roles that people can fall into.