"Cryptoeconomics" TAG

Reviewing Akon City and Akoin
  • research
Akon City, a self-described ‘futuristic cryptocurrency themed city’ proposed by the musician Akon, recently announced that it has awarded a $6 billion contract to KE international, an American engineering and construction firm, having raised an initial $4 billion from private investors. Akon City’s local economy will rely solely on cryptoassets, namely using the singer’s quasi-eponymous ‘Akoin’ token as...
Understanding Cryptoeconomic Design
  • research
Smith + Crown has been studying and practicing cryptoeconomic design for over six years. This article, adapted from a recent webinar, introduces cryptoeconomic design, highlights its potential, and shares frameworks developed by Smith + Crown useful for understanding, researching and applying cryptoeconomic design.
Token Functions Overview: Vital Considerations in Cryptoeconomic Design
  • research
Like coupons, loyalty programs, or ‘gamification’, tokens and their economies may further prove a powerful tool for influencing and organizing contributor behavior, albeit through an incentive system with its own distinct set of constraints. Indeed, the large-scale economic activity prompted by the Bitcoin protocol emerged in response to a set of incentives that no one...