Austin Castellaw

If the token distribution is easy to game, value extractors will find a way maximize the number of tokens they earnTokens spent on these entities have a negative benefit, as the project doesn't receive real users or growth in return

1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done)

-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.

-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.

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

The pattern of boom and bust is easy to explain: the token prices appreciate when the game is growing and people are ever increasingly putting in money to buy assets and play.

Spending vs HoldingCash flowsGovernanceCollateral

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.