Austin Castellaw

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.

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. 

So, what types of tokens should be used for which community purposes? As with most things in life, the answer is: it’s complicated! Each DAO needs to evaluate what type of community they are trying to build and determine the right combination of assets for economics, governance, and membership. But, generally speaking, we think it makes more sense... See more

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

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

-According to Spencer defining a DAO should be from the bottom and looking at the DAOs actions. A DAO is an organization where the decisions occur in a decentralized manner by many people in a collective.