Austin Castellaw

-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

-According to Spencer defining a DAO should be from the bottom and looking at the DAOs actions. A DAO is an organization where the decisions occur in a decentralized manner by many people in a collective.

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

To identify and reward the users who have contributed value to the platform—a form of signaling, which those users can parlay into public reputation.

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

So what IS SourceCred?