Austin Castellaw

To identify and reward the users who have contributed value to the platform—a form of signaling, which those users can parlay into public reputation.

Doesn’t this sound great? Well, yes! Now, this is just one of the many examples of this ability to “Web3-anize” assets, i.e to convert from the older way of doing things to a newer model. I would like to further expound on this idea by just taking you on a journey to envision what an increasingly tokenized world could look like.

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

Is Coordinape a perfect tool ?

The total market cap of all stablecoins is close to $200B. This represents around 10% of the entire crypto industry. They have quickly become a critically important piece of most DeFi products. There are several ways to create a dollar-pegged token, and each strategy comes with some tradeoffs.

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

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

-People are much happier with the transparency of the give tokens. Coordinape does not solve the problem of social signaling as the most veteran visible members often receive the most recognition.