How can we understand and classify value creation in the web3.0 economy?
Vasily Sumanovahitchhikers.substack.com
Saved by Jason Badeaux
How can we understand and classify value creation in the web3.0 economy?
Purpose-driven tokens provide an alternative to conventional economic systems, which predominantly incentivize individual value creation: private actors to extract rent from nature or from the workforce, and transform this into products, often externalizing costs to society, while internalizing (and maximizing) private profits.
Shermin Voshmgir • Token Economy
Perhaps most interestingly, there are some potential new opportunities by which protocols might actually be much more sustainable. In the last few years, with the development of cryptocurrencies and tokens, it has become theoretically possible to build a protocol that uses a cryptocurrency or a token that has some value attached to it, with the val... See more
Mike Masnick • Protocols, Not Platforms: A Technological Approach to Free Speech
For example, we value traditional companies based on assets and cash flows. Companies with more capital – or expected ability to absorb more capital in the future – are ideally valued more highly than others.That isn’t the case for every organization. Jacob Horne argues in his essay on “Hyperstructures” that crypto protocols built with certain trai... See more
Forefront • Tokenized Communities
One of the most pressing applied research questions when developing complementary technologies for the Web3 is the question of how to reward network participants with a token, so that the network stays attack resistant.