tokens

IDEAS

Maximising Blockchain Collectible Economies

What is the optimal size for a blockchain collectible (NFT) economy? How many unique items should be in a collection? How does one maximise the value of this economy? These are very interesting questions, because there's a trade-off between scarcity of a collectible economy & its inclusivity (allowing users to participate through ownership of a collectible). Currently, many projects in the space simply thumb-suck the size of their economies or employ unproven generation of new collectibles. The projects either generated too much or too little.

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IDEAS

Tokens 2.0: Curved Token Bonding in Curation Markets

Since introducing Curation Markets in earnest earlier this year, quite a few projects have started adopting some of the designs. Curation Markets is a set of protocol designs that aims to reduce information asymmetry through the use of tokenized signals. Tokens are minted as needed through a continuous token model. Within the projects announced the past few months, the most important facet from Curation Markets that these projects are adopting is the continuous token bonding curve.

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IDEAS

History Is Rhyming: Fitness Functions & Comparing Blockchain Tokens To The Web

The web lowered costs to share new kinds of information. Blockchain tokenization decreases the cost to coordinate by orders of magnitude. Coordination systems are utilised when the cost to run them are less than the benefits they provide. New coordination systems will come to exist because we've substantially lowered the costs to implement them.

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IDEAS

Introducing Curation Markets: Trade Popularity of Memes & Information (with code)!

Curation Markets is a model that allows groups to more effectively coordinate & earn from value they co-create around shared goals. Each topic/meme/idea/goal has an associated token of value that is used to curate information inside it. Using Ethereum as a programmable, distributed, shared ledger, these groups can mint a token of value according to agreed upon rules without a centralized 3rd party being involved. In other words, a specific entity is not involved in the creation process of the tokens of value. It is a new type of organisational model & way for people to coordinate, unfettered, around shared goals.

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IDEAS

Jack & The Giant Joint-Stock Pepe: The History & Future of the Corporation

The design space of crypto-economics is incredibly broad. We have not scratched the surface at all of what is coming. Its usefulness is particularly apparent in its ability to coordinate amorphous groups: actors/agents who might not necessarily be aligned otherwise. It truly feels to me like some cocktail of design elements here will lead to the proliferation of the unfathomable, both in terms of wealth creation & the achievement of shared goals we haven't seen before.

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