Tokenomic Automatons
Like a central bank applying monetary policy to control its currency, tokenomics applies policies to cryptocurrencies. These policies are the core of a currency. Without carefully thinking through the rules, the currency is likely to fail. The rules of tokenomics are implemented through code and are quite difficult to alter as they require... See more
Florian Strauff • Tokenomics 101: Bitcoin & Ethereum
I’ll restate the problem with TokenPage: there is a tension between groups such as Yankees fans, Red Sox fans (AKA Yankees haters), and those who just want to maintain accurate knowledge, which bids up the price of a TokenPage orthogonally to the page’s intrinsic value, and may lead to wild swings in the page content when ownership changes hands.... See more
Ryan Muller • Crypto-collective knowledge management
Early versions of token distributions have led to unsustainable dynamics wherein speculators are rewarded instead of those who are adding consistent value to networks through actual usage.