Sam Williams: Mechanism Design 101

Incentives are powerful. But getting incentives right is hard. 
Communicating intent is hard. 

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 bloc... See more

In my experience so far with the crypto world, a lot of the technical designs are built around the pure financial incentives. And there is a robust culture, around these technologies, otherwise they probably wouldn’t be used by anyone. But they’re really off-chain. And as much as possible, these systems are often designed to get people using these ... See more

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