Austin Castellaw

So, currently it’s a W2 but I’m probably going to change it to a 1099 because I’m figuring out exactly what the best legal structure is based on how I actually like work, and we’re still figuring out where I fit within Orca because again, it’s like one of those things where I’m a researcher but I’m engaging a lot with their DAO and I think that... 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.

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.

2. Who to distribute ownership to (making sure you are distributing ownership to those that create the most value)

Delphi Digital has been analyzing and helping design token launching mechanisms for a long time. From the analysis, the team noted that there wasn’t a structure that could solve the above challenges and also align to its goals. The team then came up with Lockdrop and Liquidity Bootstrap Auction (LBA) to tackle these challenges. The first products... See more

Game's sources and sinks are CRITICAL to develop a healthy economy of a game, both web2 and web3.It helps to shape a sticky user's behavior, and, of course, affects user attraction and retention.