Incentive Design
sari and
Incentive Design
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?
Jad Esber 💥twitter.comWhat really broke down in Google’s original vision is the incentive system they were building towards. There is a very specific subset of information you’re interested in “organizing” when you’re trying to serve the perfect ad.
Kyle Harrison • Building the Global Knowledge Graph: Dreaming the Dream for Roam Research
There’s this cool idea in software that you “ship your org chart” called Conway’s law:
“Organizations, who design systems, are constrained to produce designs which are copies of the communication structures of these organizations”
I’d offer a similar law for investors: “you ship your capital... See more
Patrick OShaughnessyx.comand I’d offer a similar law for companies - your company mimics the incentives of its investors.
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
Zachtwitter.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 👇
Why Most Reward Systems Fail and What to Do About It
trainingindustry.com