added by Keely Adler · updated 2y ago
A Novel Framework for Reputation-Based Systems - a16z crypto
Austin Castellaw and added
- Drawing on our knowledge of economic theory and game design, we argue for a reputation system design based on a pair of tokens—one for signaling reputation and the other for offering liquidity—which could serve as tangible representations of meaningful contributions.
from A Novel Framework for Reputation-Based Systems by Andreessen Horowitz (AZ)
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- We propose a two-token reputation system, whereby one token, which we call “points,” serves as a non-transferable reputation signal. A second token, “coin,” is a transferable asset dispensed to holders of points on a regular cycle. Effectively, points spin off dividends in coins that can be used as tradable currency.
from A Novel Framework for Reputation-Based Systems by Andreessen Horowitz (AZ)
sari added