Austin Castellaw

-People are more satisfied with their job when they know the process on how they are compensated and how their work is valued. 

StepN isn't a P2E. It's a social fitness app. Different user demographic.  Running is a perpetual activity for those who wish to keep themselves fit.  Hence, StepN's base players are more sticky compared to other games.

Web3 emphasizes the freedom of the individual. In an ideal Web3 world, creator A is on a decentralized platform Z instead, which is run by smart contracts and gives creators more of their revenue. On top of that, platform Z probably has some tokens like $ZDAO that control governance - and this tokenization of governance disallows unilateral... See more

Yet these two roles are in opposition to each other. A token needs to be exchangeable in order to be liquid. But the more liquid a token is, the less effective it can be as a pure signal of reputation. 

Games like Axie Infinity, Crabada, and The Sandbox belong to this category.

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

Obligated/Friendly Votes are mostly happening in big DAOs. In this case members will give to others just because they personally like them or because another member has a “higher role’ so they feel obligated to give them something. it may also happen because you naturally have more visibility over what your friends are doing.