Incentive Design
sari and
Incentive Design
Tokenomics: how we design them and why the token matters more than the money
Miguel Caballeromedium.com
Exclusivity is a Double-Edged Sword – there are diminishing returns to growing an exclusive community.
The Social Token Paradox by @gaby_goldberg got me thinking about how socials tokens based on exclusivity might get trapped in a cycle of growth and diminishing social value.
reputation comes from sustained integrity over time
this is where DAO contribution tracking, rewarding small, game-able actions, often gets it wrong
Kei Kreutlertwitter.comOnly launch a token when you have figured out:
1. How the community can participate towards meaningful objectives for the network (give tokens for work to be done)
2. Who to distribute ownership to (making sure you are distributing ownership to those that create the most value)
descriptiontwitter.com
Crypto's biggest promise: make more people owners
Crypto's biggest challenge:not turning missionaries into mercenaries
I'm convinced incentive design will be the most important business skill of the 21st century.
https://t.co/SBIEjtnZhC
sari azouttwitter.com