added by Austin Castellaw · updated 2y ago
The Art Of Designing Great Incentives
- 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
from Introduction to Tokenomics by Zach Zukowski
Tekelala added
- Social tokens have shown their efficiency on incentivizing individuals to share their skills with others. Projects that have succeeded in creating thriving communities all have strong Tokenomics. Tokenomics is a successful community’s superpower.
from Coinvise Learn | Substack by Coinvise
Austin Castellaw added
The blockchain community understands that blockchains can help align incentives among a tribe of token holders. Each token holder has skin in the game . But the benefit is actually more general than simply aligning incentives: you can design incentives of your choosing, by giving them block rewards. Put
... See morefrom Can Blockchains Go Rogue? by Trent McConaghy
Tekelala added