Published inPrysm GroupA Framework for Blockchain Governance Design: The Prysm Group WheelBlockchain platforms are economies written in code. The goal of any blockchain-based platform is to bring together participants — such as…Apr 23, 2019Apr 23, 2019
Published inPrysm GroupEconomics of Tokenized Incentives 3: Token Value Won’t Align StakeholdersI often hear people in the blockchain space assert some form of the following argument: if a platform creates a native token, such as a…Jan 17, 2019A response icon1Jan 17, 2019A response icon1
Published inPrysm GroupEconomics of Tokenized Incentives 2: Selecting Effective Performance MetricsIn our previous post, we explained that pay for performance is useful when key desired outcomes cannot be specified in advance. Under…Jan 7, 2019A response icon1Jan 7, 2019A response icon1
Published inPrysm GroupEconomics of Tokenized Incentives 1: Intro to Pay for PerformanceThis post is part of a series in which we discuss the principles of incentive design for blockchain platforms.Dec 18, 2018A response icon1Dec 18, 2018A response icon1
Published inPrysm GroupAsset-Backed Security Tokens: What you can learn from the Economics of Property RightsSep 25, 2018A response icon3Sep 25, 2018A response icon3
Published inPrysm GroupBlockchain Incentive Structures: What they are and why they matterFounders of blockchain platforms must understand the nuances of incentives — what they are, what they aren’t, how they work and how they…Aug 22, 2018Aug 22, 2018
Published inMIT Cryptoeconomics LabICOs Leverage Network EffectsOne potential advantage to fundraising using tokens instead of equityJul 26, 2018A response icon2Jul 26, 2018A response icon2
Published inMIT Cryptoeconomics LabTokens: Investment Vehicle or Medium of Exchange (Not Both)Jul 3, 2018A response icon2Jul 3, 2018A response icon2
Published inPrysm GroupBlockchain and Coordination Games: Failures and Focal PointsKey Concepts from EconomicsJun 27, 2018Jun 27, 2018
Published inMIT Cryptoeconomics LabBlockchain Adoption and Digital PrivacyMay 7, 2018A response icon7May 7, 2018A response icon7