Tokenomics

This is what great token design looks like 🧵

0/ Token incentives are a popular way to distribute ownership to people that provide a useful service But as we've seen, some of these distributions are easy to game and are less effective in hitting their key objectives Here's my framework for thinking about this 👇

Predictions on tokens & DAOs: - Current governance tokens are trying to bake too much into a single token. Every DAO in the future will have multiple tokens—at least 3 - A DAO or protocol’s NFTs & social tokens will be more valuable than its governance tokens in the future