Token-Curated Registries 1.0

There are three user types in a token-curated registry and each has different interests, incentives, and interaction patterns towards the registry. Consumers desire high-quality lists. Candidates desire to be included in such lists. Token holders desire to increase the price of the tokens they hold.

A token-curated registry uses an intrinsic token to assign curation rights proportional to the relative token weight of entities holding the token. So long as there are parties which would desire to be curated into a given list, a market can exist in which the incentives of rational, self-interested token holders are aligned towards curating a list... See more

Useful lists are curated. Often by a single individual in the case of a grocery list, and perhaps by a committee in the case of a top-colleges list. A top-colleges list which may be appended by anybody quickly becomes an all-colleges list and ceases to be useful, since any college president obviously would desire for their college to appear on such... See more

A peak predator of capitalism is a system which produces some useful output at the lowest possible marginal cost.

Token holders are the engine of a cryptoeconomic game which curates a token-curated registry. To make a token-curated registry work, candidates must make a deposit denominated in the registry’s intrinsic token to be considered for listing. If a candidate is “good” and accepted as a listee they keep this deposit, and may withdraw it at any time shou... See more