Tokenomics

The idea that token holders can passively extract rent without providing equal value to a protocol is unsustainable. In the long-run, token holders will likely need to be active network participants or assume some of the risk of the system to be viable. 1/

Often, token models incorporate a single-use token design, i.e. a governance token conveys voting rights. Could this change? Future token designs may instead choose to incorporate a blend of economic, governance, and utility rights, opening a new design space. Here’s how.

Some reasons to build your startup in web3 🧵