Incentive Design

The most existential question in crypto: what will be the relationship between tokens and communities? At stake: can DAOs bring virtue back to scaled organization? Or will they accelerate the economics-only mentalities that have been corroding society? A way-too-long-🧵👇

building sustainable networks in crypto is especially hard because the incentives are often short-term oriented 2 solutions to enable sustainable networks: - token streaming/vesting (ie. @Superfluid_HQ) - milestone based token rewards (ie. @UMAprotocol KPI... See more

Prediction: Incentive designer will be a new title in web3. I think of it as a product designer that can draw on principles from economics/tokenomics, psychology, and engineering. Incentives govern everything!