Incentive Design

Airdrops are inefficient token distribution mechanisms since they don’t measure how valuable of a contributor a token recipient is Why reward a token to someone if they aren’t going to contribute to the network? We need to be better than just rewarding early users

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?

DAOs are laboratories for governance. And they’re the ultimate playground for coordination games. Once we solve governance and coordination, the true power of the Internet will be unlocked.

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!