Austin Castellaw

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.

Laura Shin:

-Yearn started just doing grants or gifts for contributors after they did great work. Some studies have shown that financial incentives can inhibit creativity. Coordinape is based on the gift economy where every month there is a budget and the members receive give tokens which they can give to people and people receive compensation based on those... See more

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

-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.

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

-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.