“Gyms sell the dream of transformation while banking on the reality of abandonment.”
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.
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
Only 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)