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👇
Prediction: Incentive designer will be a new title in web3. I think of it as a product designer that can draw on principles from economics/tokenomics, psychology, and engineering. Incentives govern everything!
The most existential question in crypto: what will be the relationship between tokens and communities?
At stake: can DAOs bring virtue back to scaled organization? Or will they accelerate the economics-only mentalities that have been corroding society?
A way-too-long-🧵👇
What 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.