Austin Castellaw
@austincastellaw
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
Coinvise • The Art Of Designing Great Incentives
And so when people are designing these incentive mechanisms and tokens, what types of factors are they considering? Whether it’s things like fairness or liquidity or security or the developer ecosystem, or I’m sure there’s plenty of other considerations. But what do you find that people are thinking about and tend to value? For some of the... See more
Unchained • The Tokenomics Episode: Why ‘EIP 1559 Is Like Catnip for Investors’
The total market cap of all stablecoins is close to $200B. This represents around 10% of the entire crypto industry. They have quickly become a critically important piece of most DeFi products. There are several ways to create a dollar-pegged token, and each strategy comes with some tradeoffs.
Exploring Stablecoins
-Aligned incentives have a big role in the success of DAOs along with giving people power over their work or having a piece of ownership. It can also serve as a personal expression about what you care about.
Chase Chapman • Page not found
Doesn’t this sound great? Well, yes! Now, this is just one of the many examples of this ability to “Web3-anize” assets, i.e to convert from the older way of doing things to a newer model. I would like to further expound on this idea by just taking you on a journey to envision what an increasingly tokenized world could look like.
x_fren • Not Found
0/ Token incentives are a popular way to distribute ownership to people that provide a useful service
But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives
Here's my framework for thinking about this 👇
Ashwathtwitter.comairdrop and
-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.
Chase Chapman • Page not found
Through off-chain scaling, users will have access to unlimited computation at a cheap cost. Thus, games' logic could be finally deployed on-chain as smart contracts. We will refer to this family of games as strongly on-chain games.