Token Economics: Sustainable Business Models

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MONADIC (Oscoin Office)

Wiener Straße 18

10999 Berlin

Germany

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UPD1: to find the Oscoin office, ring the bell "Monadic" next to the Apotheke door, then follow to the backyard, the door will be on the right, go one stair up.

UPD: we've got more seats, please claim your ticket to participate!

The rise of decentralized tech launched the next wave of innovative projects and fundamentally new markets. However, it soon became apparent that its full potential could not be reached by mimicking the existing business models. More thorough research was required to discover new capabilities of providing lasting and sustainable value.

At this meeting, we will focus on the results of this research and present the models and cases that have the potential to succeed in the environment of the future economies.

18.00 - Doors opening. Drinks & snacks

19.00 - The Right Token Model for the Decentralized Cloud. Evgeny Ponomarev, co-founder, Fluence Labs

19.30 - Nervos CKB: A Layer 1 Blockchain (Token Economics). Toya, researcher, Nervos

20.00 - Layer 1 support for distributed applications monetization and predictable transaction costs. Alex Skidanov, co-founder, NEAR protocol


20.30 - Drinks, food & networking


Huge thanks to our friends at Oscoin for hosting us!

___________

Fluence:

Crypto made possible to organize networks of independent service providers into efficient markets by eliminating intermediary bottlenecks. Utility tokens serve as a reliable medium of exchange, as staking mechanism, and usually, there is a certain token distribution which is expected to bootstrap the usage in the network. However, as many projects face that such design isn’t efficient enough to drive adoption. Done right, the token model can align incentives of all involved parties: users, service providers, and investors. It also can incentivize the early supply & demand, and protect from centralization or forking.

Well-known “medium-of-exchange” (MoE) or “work token” fail to achieve that. The MoE model adds excessive frictions for users and creates almost no incentives to hold the token for investors. The work token does incentivize the supply side but not the demand side, and tends to end up with stake centralization.

We managed to build the “lock-to-pay” model for the decentralized cloud which

  • makes the cost of renting miner hardware very low for users, but attractive to miners;
  • tightly integrates investors into the loop by incentivizing them to lend tokens for staking in order to earn some interest; and
  • protects from cartels and price manipulation by keeping always low entry barriers for new players

This model might also be adopted for other p2p marketplaces.


Nervos:

A public blockchain system creates a two-sided market. The suppliers of this market are miners and block producers who provide different resources to the system, including computation, bandwidth and storage resources. The consumers of the market are users and developers who consume these resources for developing or utilizing applications on the blockchain.

This talk introduces how this market works and what are some of the problems. Furthermore, how can these problems be properly solved by designing the economics model of the native token on the blockchain, especially in the context of a Layer 1 blockchain that serves multiple Layer 2 systems.


Date and Time

Location

MONADIC (Oscoin Office)

Wiener Straße 18

10999 Berlin

Germany

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