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How to grow decentralized communities
3. Creating opportunities for participants to build a sense of ownership: You want to think of monetary rewards as a means of acknowledging the value that a community member brings to the community as opposed to being the direct incentive to participate.
Peter Yuan Pan • How to grow decentralized communities
Decentralized organizations enable work to be distributed to the community members instead of being entirely driven by top-down decision making hierarchies. While tokens financially align participants to contribute value to such a network, it is grassroots community leadership and ownership that enables the long-term success of a token network.
Peter Yuan Pan • How to grow decentralized communities
1. Creating opportunities for people to discover the community/project: Your goal here is to attract primarily intrinsically motivated community members as opposed to purely extrinsic reasons.