added by sari · updated 2y ago
How to grow decentralized communities
- While using a token doesn’t inherently make a community self-managing or decentralized, the benefits of (and value accrual to) the token aren’t maximized unless those criteria are upheld.However, no organization will fulfill the first 6 criteria purely on day one. Tokenized communities are progressively working to fulfill the above criteria, making... See more
from Tokenized Communities by Forefront
Alex Wittenberg added
- In fact, these types of networks may be good candidates for progressive decentralization, i.e. build a network the usual way first and introduce tokens for community ownership, governance, and/or rewards later.
from Bootstrapping Web3 Networks: The Limitations of Token Incentives by Sameer Singh
Alex Wittenberg added
Progressive Decentralization: A Playbook for Building Crypto Applications | Andreessen Horowitz
by Jesse Walden
4 highlights