EP 11: Token Economist Explains How To Design Digital Economies with Tokens (Tokenomics)

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  • เผยแพร่เมื่อ 10 พ.ย. 2024

ความคิดเห็น • 77

  • @williamh4074
    @williamh4074 3 ปีที่แล้ว +14

    Thanks for putting this together. This information can be hard to find in a digestible way, and I appreciate what you've done here. Keep up the good work!

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว

      Cheers William! Do check out our book and academy for more details, if you are keen!

    • @victorobot5615
      @victorobot5615 2 ปีที่แล้ว

      @@EconomicsDesign please can i get a direct means of contacting you? Maybe your mail or something. Its quite urgent. Thanks

  • @RupturedGrid
    @RupturedGrid 2 ปีที่แล้ว +1

    Thank you for such a clear and quick presentation. I hate how slow some people drag out information, this was like straight downloading it into my brain in comparison. Great work!

  • @StillnessMoving
    @StillnessMoving 2 ปีที่แล้ว

    The speed is great for me, but I usually listen to videos on 1.5X-1.75X speed.
    Thanks for the great info!

  • @opakistrano
    @opakistrano 2 ปีที่แล้ว

    Wowowowow! Thanks you very much. I guess I'll buy the book to go deeper understanding this approach and support a bit this hard work. I was guessing some of these passages, but also falling in a chaos of ideas.. this put many things in a structured meaningful perspective. Simply great! Thanks again

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว +1

      Glad to be helpful, Antonio! -Lisa

  • @maricrisbonzo7879
    @maricrisbonzo7879 3 ปีที่แล้ว

    Who are you? This is the most helpful content I can find about how to start a DAO - so inspired by you!

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว

      Thank you Maricris! You might like our book, but here are all the resources if you want to nerd out more.
      twitter.com/lisajytan/status/1393382218064556033?s=20

  • @piatybeatles
    @piatybeatles 3 ปีที่แล้ว +1

    Thank you for your effort put in creating this content, there is no many channels like this!

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว +1

      I appreciate that! Do check out our book for even more in-depth learning: book.economicsdesign.com ☺️

  • @1shamz1
    @1shamz1 3 ปีที่แล้ว

    Finally i found great channel with the info i needed. insta subbed. thanks for the grat info .. keep em comming :) . and You not talking too fast , its perfect. do not slow down ..

  • @elwiwi1045
    @elwiwi1045 2 ปีที่แล้ว

    thanks a lot, that's very clear and understandable, no worries for the audio it's still highly perceptible

  • @vitalisserrano1579
    @vitalisserrano1579 3 ปีที่แล้ว

    Underrated content. Fantastic information structure. On a side note, you need to fix your SSL certificate, it is giving an error accessing your website.

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว

      Thank you. Trying to bring more quality and educated depth to the space! Oh what error do you see?

    • @vitalisserrano1579
      @vitalisserrano1579 3 ปีที่แล้ว

      @@EconomicsDesign I used another browser and it is working fine. I think it was because I had it in strict https connection mode so it gave me the SSL certificate error.

  • @jeremyrose1633
    @jeremyrose1633 2 ปีที่แล้ว

    Really great content. Thankyou for putting this together!

  • @randalkharashi4420
    @randalkharashi4420 2 ปีที่แล้ว

    really informative vid, thanks!!

  • @shiyammosies5975
    @shiyammosies5975 2 ปีที่แล้ว

    How can I connect with you in building a tokenomics model for decrotic selling platform ?

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว

      You can reach out to us at hello@economicsdesign.com

  • @satchel888
    @satchel888 2 ปีที่แล้ว

    Hi this is a useful topic. I don’t think your set up is picking up your mic, though. I noticed many of the videos have a hard to hear audio.

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว

      Thank you. We've improved the audio with time! -Lisa

  • @irisshen4995
    @irisshen4995 2 ปีที่แล้ว

    what do you mean by primary market and secondary market here? could you give 2 examples

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว

      Primary market is like using USD in USA. Secondary market is using USD in Vietnam. Hope that helps -Lisa

  • @carlus.afiliacionpro
    @carlus.afiliacionpro 3 ปีที่แล้ว

    WoooooooooooOW, You're amazing. Thank you so much. This content is pricesless. Can you perhaps analyze some successful case studies on tokens applied to different projects on the blockchain? Any DAOs or even music projects, specially the combination of those two could be really interesting. Wow, your content has awaken so much on me. Thank you

  • @henryzhou3313
    @henryzhou3313 2 ปีที่แล้ว

    Very educational video, thank you.
    I'm wondering if you do any consulting?

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว

      Yes we do! Token@economicsdesign.com -Lisa

    • @henryzhou3313
      @henryzhou3313 2 ปีที่แล้ว

      @@EconomicsDesign Sent you an email. Thanks.

  • @swayamshah7377
    @swayamshah7377 4 ปีที่แล้ว

    How did you come up with this framework? I mean why there are just 3 layers and 3 pillars? Why not less or more? Just trying to understand logic behind the framework.

    • @EconomicsDesign
      @EconomicsDesign  4 ปีที่แล้ว +5

      Great question! It took about 18 months of researching, trying to piece concepts from everywhere.
      It started from a simple question one day, of "game theory can be applied in blockchain". Then I started to explore various fields in economics (my background) that can be applied to blockchain.
      The deeper I research, the deeper of a rabbit hole I went. After deconstructing many possible fields to the fundamental piece, it ended up with 3 pillars.
      1) design of the market. Because the market of a digital space is different from market of a "physical real world" space
      2) design of the mechanism. Which is basically reverse game theory, the primary question
      3) design of the incentive. And that is where tokens come in. This is an independent pillar because tokens are not *always* required!

    • @swayamshah7377
      @swayamshah7377 4 ปีที่แล้ว +1

      @@EconomicsDesign so I am just thinking, so each of these pillars can be termed as off-chain and on-chain governance, right? Market Design represents more of off-chain, Token design an on-chain and mechanism design is combination of both?

    • @EconomicsDesign
      @EconomicsDesign  4 ปีที่แล้ว +4

      @@swayamshah7377 interesting way to view it! It could be viewed this way. E.g. market design is to increase thickness and as for the trade that happens within the ecosystem, it is governed by the rules and mechanism established.
      But when it comes to the variable of no-congestion, that is definitely an on-chain design. Since congestion and trade happens on-chain. You could do things off-chain to reduce congestion though!

  • @cryptokarla
    @cryptokarla 3 ปีที่แล้ว

    Thanks for this, really smart, can I send you my project to look at our Tokenomics so we get an insight into doing it the best way it can be done?

  • @devinoutfleet1998
    @devinoutfleet1998 2 ปีที่แล้ว

    Hello, thank you for this amazing work! I'm looking to build a DAO community right now and I'd love to know if there is a compiled list of best practices for your the market structure of your token based on the Utility of your DAO?
    I know that's a lot to ask, but I figured you might know! Also - your english is AMAZINIG! Keep it up :)

  • @sohanwagwani8404
    @sohanwagwani8404 3 ปีที่แล้ว

    Fundamentally, what i miss understanding is how does a token really have value for any stakeholder in the ecosystem; meaning what does each stakeholder get for holding it in return? Why does the token price go up in value?

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว

      It depends on what value the network accrues! There is no one model answer.

  • @keithkatane4854
    @keithkatane4854 2 ปีที่แล้ว

    Thank you dearly for your hard work.

  • @akwasi1
    @akwasi1 2 ปีที่แล้ว

    great content

  • @wynton921
    @wynton921 2 ปีที่แล้ว

    Thought Leader!!! Write a book!! 😎😎😎😎

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว

      Already published and writing the second. www.book.economicsdesign.com -Lisa

  • @sauravshukla1
    @sauravshukla1 4 ปีที่แล้ว +2

    Hey thank you !Really appreciate what you are doing.Just a suggestion ,can you come up with your analysis on various token design mechanism used in various different blockchain project?

    • @EconomicsDesign
      @EconomicsDesign  4 ปีที่แล้ว

      Thank you Saurva. That's a good idea. So to analyse various blockchain projects, do you prefer protocol layer (like ethereum) or application layer (dapps like Maker, Compound, Synthetics)?

    • @sauravshukla1
      @sauravshukla1 4 ปีที่แล้ว

      @@EconomicsDesign Both! Start with ethereum,then Cardano ,then rest .I want to learn token design in depth. I come across as your channel as a blessings! Also if you have telegram ,discord or any other communication medium where I can directly ask you my doubts ,do let me know.Thanks

    • @EconomicsDesign
      @EconomicsDesign  4 ปีที่แล้ว

      Thank you for your kind words. I appreciate them very much! Sure, I am thinking of creating more case study episodes in the future, after having the foundational economic principles down. Will definitely focus more on case studies in the future episodes. TH-cam and LinkedIn are the best medium so far!

    • @sauravshukla1
      @sauravshukla1 4 ปีที่แล้ว

      @@EconomicsDesign what is your linkedin ?

  • @lucasfelixdbz
    @lucasfelixdbz 2 ปีที่แล้ว

    Cheguei aqui pelo Felipe do Brasil 🇧🇷🖐🚀

  • @jbleezyable
    @jbleezyable 3 ปีที่แล้ว

    Love your video but I am lost when it comes to this stuff. I am involved with a super small startup that is creating an nft game. I want to tokenize the company in order to build funding for the various costs we have and will have going forward. I need a road map. What could I do to convince you to help me??? Please, I need a pro on our team!!

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว

      That's why we wrote the book! It has the building blocks to help startups. It has helped a few book.economicsdesign.com! :)

  • @cjbaezilla
    @cjbaezilla 3 ปีที่แล้ว

    EXCELLENT CONTENT THANK YOU VERY MUCH!!

  • @michaelcrawley9580
    @michaelcrawley9580 2 ปีที่แล้ว

    Hello are you available for consulting? Thank you

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว

      Yes - you can reach out to us at token@economicsdesign.com -Lisa

  • @kashmilli
    @kashmilli 3 ปีที่แล้ว

    Thank you for this 🙌🏾🙌🏾🙌🏾

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว

      You're so welcome! Do check out our book and courses for more details!

  • @AmadeoBrandsONDeFi
    @AmadeoBrandsONDeFi 4 ปีที่แล้ว +1

    Amazing 😍 great work 👍

  • @lucasfontesgaspareto
    @lucasfontesgaspareto 2 ปีที่แล้ว

    Thanks

  • @swayamshah7377
    @swayamshah7377 4 ปีที่แล้ว

    Insightful!

  • @kerryallen1743
    @kerryallen1743 4 ปีที่แล้ว

    Well done!

    • @EconomicsDesign
      @EconomicsDesign  4 ปีที่แล้ว

      Thank you Kerry! Always so appreciative of your feedback

  • @theplebemusic598
    @theplebemusic598 2 ปีที่แล้ว

    Hi i am interesting in a complete tokenomics course..

    • @EconomicsDesign
      @EconomicsDesign  2 ปีที่แล้ว

      Here: academy.economicsdesign.com/ -LIsa

  • @minaskky
    @minaskky 2 ปีที่แล้ว

    F A N T A S T IC

  • @codingfanbulb5574
    @codingfanbulb5574 3 ปีที่แล้ว

    I am working on a platform where students get paid in crypto for learning different technologies. It'll be BEP20 token. How should I think about splitting the supply into different aspects of business i.e. marketing, development, rewards to consumers, legal etc.
    Also is it correct that cryptos
    are distributed to these entitie through faucets, or is there any alternative as well for the first time distribution.
    Could you point to fee more of videos where I can get more info and actionable knowlege on this?

  • @sandrareim347
    @sandrareim347 2 ปีที่แล้ว

    Great video for anyone who wants to start with that topic. Thanks for giving an overview about the major components!

  • @clintpot8521
    @clintpot8521 3 ปีที่แล้ว

    Hello. Can I hire you to help me build my crypto currency? I need consulting services to make sure my design is good.

    • @EconomicsDesign
      @EconomicsDesign  3 ปีที่แล้ว

      Hi Clint, please email to token@economicsdesign.com 🙏🏻

  • @DanielTaotua
    @DanielTaotua 3 ปีที่แล้ว +2

    Ok... I’m in love. Just saying. 🥰🤭