What incentives are best for decentralized platforms?
One of the major advantages of the blockchain is that token models make it much easier to incentivize users. For example, during the early days, you can hand out tokens to reward early users and solve the chicken and egg problem that so many social platforms face. With decentralized platforms, the value that is created […]
The shortcomings of ICO funding
Initial coin offerings are a phenomenally successful way of raising money. Through ICOs, startups have raised a record $1.27 billion in the first half of 2017. When I wrote the post “Will Initial Coin Offerings Fund the Future?” back in May, the total tally was around $100m. In the few months since then since then […]