Incentive Design

For products to work at scale they need sustainable business models and networks. Would love to see more discourse in web3 about the complex financial incentives conflicts that we’re going to see if the movement goes beyond DeFi/trading-related use cases. A few examples👇

airdrops are cool - we love the "free" $, but bootstrapping a community around a token drop does little more than gather a community of speculators, rather than actual users. 1) do token holders care about the community? 2) what utility is associated with holding the token?

reputation comes from sustained integrity over time this is where DAO contribution tracking, rewarding small, game-able actions, often gets it wrong