Austin Castellaw

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

Thanks to these proofs, it is possible to exponentially increase the computational complexity and throughput while maintaining the verification cost linear or even less.

Summary: If you assume the next 5 years of crypto venture funds produce blended 10x returns, then (based on recent investing volumes) these cohorts of token projects will need to produce an estimated $2T of market cap and over $800B of float would enter markets on a 5-10 year time horizon. This cannot be absorbed by retail; it will require... See more

Hybrid — Some projects like Frax Finance use a hybrid approach to find a balance between these issues. The peg to USD is algorithmically maintained, but they also have reserves available to handle periods of extreme volatility and market demand. This strategy seems the most likely to survive long term.