Incentive Design
sari and
Incentive Design
reputation comes from sustained integrity over time
this is where DAO contribution tracking, rewarding small, game-able actions, often gets it wrong
Kei Kreutlertwitter.com
Prediction: virtual economist will be one of the most in-demand jobs of our time 👩💼🔥
As web3 grows and games become virtual economies where millions live and work, designing systems where users feel rewarded for time spent will be a critical skill
Short thread 👇
0/ Token incentives are a popular way to distribute ownership to people that provide a useful service
But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives
Here's my framework for thinking about this 👇
Ashwathtwitter.com
Marcel Mairhofer and
Understanding DAO Incentives & Rewards Better
gasless.substack.com
One thing that might surprise you about dominance is how companies get it. You might think it comes from rapacious win-at-all costs business practices, or from raising large amounts of money to snuff out competition. But we’ve found that the primary source for a company’s dominance is whether it designs its product and business model to be... See more
I’m increasingly of the belief that incentive design is the most important problem to work on. Humans are good at overcoming obstacles when they have reason to do so — the worst problems tend to be ones of cooperation, not technological or scientific understanding.
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