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👇

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

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!

Crypto's biggest promise: make more people owners Crypto's biggest challenge:not turning missionaries into mercenaries I'm convinced incentive design will be the most important business skill of the 21st century. https://t.co/SBIEjtnZhC