Incentive Design
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Incentive Design
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-🧵👇
Danny | Recalltwitter.comOne thing that might surprise you about dominance is how companies get it. You might think it comes from rapacious win-at-all costs business practices, or from raising large amounts of money to snuff out competition. But we’ve found that the primary source for a company’s dominance is whether it designs its product and business model to be... See more
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
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 đź’Ątwitter.com
Critical Q for consumer social founders: are you building a content or context network?
The answer should drive your choice of KPIs, growth strategy, and resource allocation. Here's why 👇
Sam Williams: Mechanism Design 101
youtube.comDAOs 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.
Aaron Wrighttwitter.com