Productive Fees : Valuable Protocols / Extractive Fees : Valuable Companies
Jesse Waldenjessewalden.comSaved by Joey DeBruin
Productive Fees : Valuable Protocols / Extractive Fees : Valuable Companies
Should there be demand-based recurring fees on ENS domains?
vitalik.eth.limo
Web3 teams have an opportunity to learn from and improve on the strategy of commoditizing the complement. In this essay, we’ll discuss why building and commoditizing a product on top of a user-owned protocol offers maximum leverage to execute this strategy, with potential for stronger economic equilibriums that drive growth, and value, beyond that ... See more
Jesse Walden • Product vs. Protocol: Finding a Balance in Web3 – Variant
Using the proposed approach, nine different-by-design value capturing mechanisms were identified: value transfer*(1), work “staking” token(2), protocol consensus token(3), dividend(4), backing by another asset(s)(5), discount token(6), internal product governance(7), meta-governance(8)**, and hedonic value(9)
Vasily Sumanov • How can we understand and classify value creation in the web3.0 economy?
