The cycle is pretty much - creator attracts viewers on Y → Y becomes the ideal platform for viewers to view their creators → Y uses creator to attract more creators → Y gets more creators, earning them more money, allowing them to attract more creators → but now Youtube virtually has monopoly over all other similar platforms and creators → They get... See more
1) Reputation / professional networkingBy being in the flow of peer-acknowledged performance & compensation information, Coordinape gets closer to the ground truth on people’s actual skills, contributions, and expertise.
-Power naturally falls into a small group of people so you have to be intentional about giving away power as there are common roles that people can fall into.
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
-Zach trying to design systems where people are compensated based on their value to the DAO and can meet their needs. One way paying people say a base salary and then rewarding people in native tokens for work above and beyond. Chase agrees with this kind of model.