Session 3

Agenda

Welcome

Hello to new members, introduce yourself

Logistics

Topic of today

Section: 2. Foundations of Cryptoeconomic Systems, Shermin Voshmgir, Michael Zargham (2020)

Open questions

Closing

Topic of Today

Foundations of Cryptoeconomic Systems, Shermin Voshmgir, Michael Zargham (2020)

Document: 

Comments & Questions

Just type here your comments and qustions 😄

During our session

Very good introductory article

There are many things to consider when designing cryptoeconomic systems.

There is a lot of automation —> depends on the case

Creator Economy —> there will be many projects and tokens (different complexity)

What role TE will have in the complexy —> Where does TE fit?

Difficult to set bounderys for TE —> in generel TE trys to look at complex systems (verification of the models will be difficult for TE, because lack of data

Will Disenys TE be different the from an SME company (they will likely use a consulting company), They will not take care about accessibe Token etc. they will use a differen approach

TE makes owners more aware of the outcomes, stability of the system, check for exploits, profitability etc. —> there is a huge benefit of using TE, it will be a requirement in the future

When use of tokens (instrumentalizing something physical into digital) increases, needs would increase; we should start with simple things

Supply and demand: controled limited supply (rather than a fixed suppy) —> make supply and demand economy more healthy

Intrinsic and extrinsic motivation: Take a more broader look of what is possible 

Make people discover what can be done

Scaling is an issue —> bring governance to a large population

We can experiment with governance, incentives and look what the outcome is

Good source of data? —> Might me hard to find the right parameters; Tool don’t exist yet

Blockchain provides real time data, AI can help analyse data

AI and Blockchain

Machinations, is there TE Pattern which takes adantage of this biological abundance? 

—> Create good token systems by mimicing nature?

We can experiment an thats exciting 😁

Leveraging intrinsic value in current projects (utility of intrinsic nature), e.g. BAYC

—> there is a competitive adantage when don’t considering all of these outcomes

It is a business so there must be a blance between TE und Business Values

Is the token the product or is it a company that is the product?

Sometimes the token is the product and in other cases the token enhances the servcie of a product or service or it is something totally different.

Today there is a differnece between what is possible technology wise vs. the regulatory part & today’s reality. 

Innovation will succeed but it will take time. 

Maybe TE will help bringing such projects to practice —> showing real life working use cases will help more the just simulations

From risk exchange its not about tech it is about the risk paramters 

Bringing business value to the masses and regulatory security —> money will flow where value is created.

Open Questions

Bernie: I will translate my slides and send them to our group

Closing

Propose some ideas for a talk to Trent 😄

Session 3

Agenda

Welcome

Hello to new members, introduce yourself

Logistics

Topic of today

Section: 2. Foundations of Cryptoeconomic Systems, Shermin Voshmgir, Michael Zargham (2020)

Open questions

Closing

Topic of Today

Foundations of Cryptoeconomic Systems, Shermin Voshmgir, Michael Zargham (2020)

Document: 

Comments & Questions

Just type here your comments and qustions 😄

During our session

Very good introductory article

There are many things to consider when designing cryptoeconomic systems.

There is a lot of automation —> depends on the case

Creator Economy —> there will be many projects and tokens (different complexity)

What role TE will have in the complexy —> Where does TE fit?

Difficult to set bounderys for TE —> in generel TE trys to look at complex systems (verification of the models will be difficult for TE, because lack of data

Will Disenys TE be different the from an SME company (they will likely use a consulting company), They will not take care about accessibe Token etc. they will use a differen approach

TE makes owners more aware of the outcomes, stability of the system, check for exploits, profitability etc. —> there is a huge benefit of using TE, it will be a requirement in the future

When use of tokens (instrumentalizing something physical into digital) increases, needs would increase; we should start with simple things

Supply and demand: controled limited supply (rather than a fixed suppy) —> make supply and demand economy more healthy

Intrinsic and extrinsic motivation: Take a more broader look of what is possible 

Make people discover what can be done

Scaling is an issue —> bring governance to a large population

We can experiment with governance, incentives and look what the outcome is

Good source of data? —> Might me hard to find the right parameters; Tool don’t exist yet

Blockchain provides real time data, AI can help analyse data

AI and Blockchain

Machinations, is there TE Pattern which takes adantage of this biological abundance? 

—> Create good token systems by mimicing nature?

We can experiment an thats exciting 😁

Leveraging intrinsic value in current projects (utility of intrinsic nature), e.g. BAYC

—> there is a competitive adantage when don’t considering all of these outcomes

It is a business so there must be a blance between TE und Business Values

Is the token the product or is it a company that is the product?

Sometimes the token is the product and in other cases the token enhances the servcie of a product or service or it is something totally different.

Today there is a differnece between what is possible technology wise vs. the regulatory part & today’s reality. 

Innovation will succeed but it will take time. 

Maybe TE will help bringing such projects to practice —> showing real life working use cases will help more the just simulations

From risk exchange its not about tech it is about the risk paramters 

Bringing business value to the masses and regulatory security —> money will flow where value is created.

Open Questions

Bernie: I will translate my slides and send them to our group

Closing

Propose some ideas for a talk to Trent 😄