Austin Castellaw

In web3, the situation is different.  New marketplaces can aggregate all existing NFTs. New social networks can surface all on-chain activities regardless of whether users ever signed up. How can a moat develop?  A potential answer is tokens.

Chase Chapman:

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

Play-To-Earn then turns into Play-To-Zero.

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

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

If you look at the social DAO landscape, you’ll see communities with different social token models. Some, like FWB, use a fungible social token to gate community access. Many emerging PFP-based communities like BAYC use NFTs as the primary community gating mechanism. Whether fungible or non-fungible, social tokens in DAOs usually represent three... See more