added by sari · updated 2y ago
Market-Protocol Fit
- In a highly decentralized system, these operations invert such that the community finds product solutions themselves: "market-product fit." Cryptoeconomic protocols are market frameworks looking for potential product applications. The work of exploring parallel narratives, discovering emergent use cases, and testing solutions is distributed among m... See more
from Headless Brands by otherinter.net
Alex Wittenberg added
- As the ecosystem builds market infrastructure components in a decentralised manner, value accrues at the protocol layer (growing token value) which provides reliability of governance across all market infrastructure components. Conversely, as the token value increases, more market participants come on board to create new forms or market infrastruct... See more
from Unbundling the unbundlers - The end of winner-takes-all by Sangeet Paul Choudary
sari added
- 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
from Protocols, Not Platforms: A Technological Approach to Free Speech by Mike Masnick
sari added