Austin Castellaw

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

-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

As players earn and extract money out of the gaming economy it puts significant downward pressure on prices, as most people are just cashing out their winnings and not reinvesting back into the game.

Since the advent of Optimistic Rollups (ORUs) and Zk-Rollups (ZRUs), the paradigm has changed.Computation is run off-chain by high-end machines (the provers) while posting a fraud proof (on ORUs) or a validity proof (on ZRUs) on a settlement chain, which can prove the computation integrity, or in other words, that the computation has been executed... See more

I think one of the most important things is for protocol teams or communities to first figure out what it is that they’re trying to accomplish and what their token specifically will be used for. For a lot of work token models like KEEP, NuCypher, or The Graph, the token is used to provide a service — the token is serving as a tax medallion. And so... See more

Reputation tokens on digital platforms typically serve two purposes:

- compensation is about incentivizing people and what we want the DAO to actually accomplish and then find the straightest line between the money and the motivation.