Ethereum Audible
Bootstrapping Web3 Networks: The Limitations of Token Incentives || By Sameer Singh
26 Apr 2022
"Tokens can be an effective way to bootstrap networks that need passive user participation, but they can be counterproductive for those that need active participation" ___________________________________ π Start learning with Alpe: https://link.alpeaudio.com/70to/d895de1 This episode is brought to you by Alpe Audio. Want to learn on the go but need more depth than a podcast? Alpe is the app for you. Itβs an audio education app that brings great in depth courses that are as fun as podcasts but as educational as well, a degree. Each lesson comes with summaries, additional resources, flash cards and more. You can even find Ethereum Audible on Alpe with all those additional resources. __________________________ Token incentives have been all the rage over the past two years in the DeFi and Web3 world. But can tokens be used to solve the cold start problem? Are they an edge that all web3 companies have on web2 companies? Or is reality more complex? As you might guess, it is and tokens can't be used for everything.
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