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maybe im a backwards ass programmer but to me, discussion phase is roughly the same thing as the flowchart.
if you get an idea, lay it out in flowchart, propose it for feedback, iterate on it until satisfied. obviously the goal is to get as much of the community supporting it as possible, or else what are we even doing here.
the tokenomics presented in the flowchart must bare-minimum include a) the issuance mechanism, b) supply and demand drivers to encourage monetary velocity, and c) a general governance structure
i would prefer not to poison your thinking with my own presumptions or past failed research, but for my part, ill say that single-token-models ive explored have largely felt too simplistic or lacked dynamics, often wound up in just a poorly planned plutocratic system. i think if it's gonna be pro-labor by any measure, it seems clear that there needs to be like 1 "money token" for economics and 1 "reputation token", where the rep token cannot be traded/bought/sold. 1 reply
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starting to sound like some of my early ideas, so let me play devils advocate 😂
sbts - people lose their wallet, how to handle for recovery? and then how to solve for sybil / multiple accounts per person?
accumulating reputation - that's a second coin! first coin here is the NFT, second is the +/- points value. and i know i suggested it, but i still ask myself, what's the point of reputation in a socialist system? whats the difference between someone with 1 rep vs 1k rep?
re: no economic token - im concerned that if the only token is a rep/voting token, there's no way to incentivize any behaviors. it'd be like a PTA meeting, or a flat-hierarchy committee - tons of people arguing over minutia with no skin in the game, nobody has any executive latitude.
this is why i turned to considering an economic token, you can introduce rewards that are actually meaningful, you can mint a large treasury with a 50 year plan for distribution (like btc)... oh yeah, also, the system also needs to survive, uh, forever. 3 replies
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