So whether you’re planning a token launch, or looking at the tokenomics of a project, here’s everything to think about around getting tokens in people’s hands.
Decentralized Bottlenecks: The vision for web3 is admirable. But Moxie set out to understand how the decentralized sausage is made in practice. He was not impressed. Moxie's first concern was that Web3 is not as decentralized as it claims. In this case, access to the basic infrastructure of web3 (the Ethereum blockchain) ends up being routed ... See more
In this post, I’ll introduce the emerging phenomenon of “User-Generated Capital”. This pertains to communities, creators, and other individuals utilizing blockchains to create their own digital assets, digital money, or other stores of value that are both specific to their community and can be owned and utilized independent of platforms.
NFTs have fundamentally changed the market for digital assets. Historically there was no way to separate the “owner” of a digital artwork from someone who just saved a copy to their desktop. Markets can’t operate without clear property rights: Before someone can buy a good, it has to be clear who has the right to sell it, and once someone does buy,... See more
I’ll go over why this is happening right now, the purpose of user-generated capital, give some thoughts on where the category is heading in the medium-term, and share some insights on what we’re learning at Roll by creating and supporting over 300 communities that are spearheading the concept.
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