How can we understand and classify value creation in the web3.0 economy?

In other words, companies are valuable when they continuously extract value for shareholders. Protocols are valuable when they continuously create value for the public. ([View Highlight](https://instapaper.com/read/1492780094/19098815... See more

Incentive DesignTokenomics are a tool for aligning the incentives of participants in a network. It is extremely important to identify what behavior is required from each participant in an ecosystem in order for the network to achieve a virtuous cycle. Equally important is designing suitable token incentives that encourage the desired market behavio... See more

One of the most powerful features of crypto-economic protocols is their ability to create incentive structures that allow anyone in the world to permissionlessly contribute to a set of shared objectives. These incentive structures can be finely tuned to facilitate large-scale coordination to achieve specific goals. This represents a step-function i... See more

The work token model captures ~100x more value than the proprietary payment currency model.How is this possible?If you instead use a utility token as a right to perform work on behalf of the network, it becomes valued at a multiple of the operating cash flows that the system generates rather than as a fraction of revenues paid to service providers.

Value Capture: Equity vs. Tokens

The highest potential of Crypto is the ability to we have to map the invisible value flows. tokenise them and bring them into visible giving is means to create more complex and rich economic and political systems instead of exclusionary ones.

Crypto technologies help share ownership with stakeholders: - Web3 communities can bring more value back to their creators when producing wearables- Forkable concepts and tools can be validated and iterated on by community creators.- Computer-aided designs can be registered on-chain as vectors and then used to produce anything from printed goods to... See more