Alphatu

The current path forward is that the VC fund will attempt to buy “tokens at a discount” from a DAO. This is what a16z did with Maker, what a16z did with Solana, and what Sushi is considering doing now.

Like a central bank applying monetary policy to control its currency, tokenomics applies policies to cryptocurrencies. These policies are the core of a currency. Without carefully thinking through the rules, the currency is likely to fail. The rules of tokenomics are implemented through code and are quite difficult to alter as they require agreemen... See more

Centrally controlled network effects allow platforms to build unexpectedly dangerous incentive structures.

So, of course, now it makes sense to investigate the nature of these digital innovations, how they form part of the architecture of our daily lives, how they come to market, who controls them and their heteroskedastic affects on different groups. We need to ask whether the interplay of these technologies with society and market forces has led to or... See more

The only advantage traditional contracts have over smart contracts lies in the number of assets one can use as collateral.

The problem with “tokens at a discount” is that it is not always well received by communities. Many token holders question what value a VC investor will bring. Right now, the Sushi community is actively questioning if a discount is “worth it” in their forums and Discord.