I like TBC (Token-Bonding Curves) and friends, but the fault here is not understanding that funding public goods is a complex adaptive system, and no closed form / analytic solution with nice looking smooth curve will help to model it. These things together with the Game Theory are better left for textbooks, not real-life projects;)
There is another method of funding public goods re-surfaced by crypto folks: DAC (Dominant Assurance Contracts) which is more like SiTG (Skin in The Game), and I think many blank check companies / SPACs use some elements of it
BTW, that’s why economists can’t predict sh*t: they trying to use simple curves / closed form solutions, instead of using ABM (Agent-Based Modeling) or even more advanced simulation methods
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I like TBC (Token-Bonding Curves) and friends, but the fault here is not understanding that funding public goods is a complex adaptive system, and no closed form / analytic solution with nice looking smooth curve will help to model it. These things together with the Game Theory are better left for textbooks, not real-life projects;)
There is another method of funding public goods re-surfaced by crypto folks: DAC (Dominant Assurance Contracts) which is more like SiTG (Skin in The Game), and I think many blank check companies / SPACs use some elements of it
BTW, that’s why economists can’t predict sh*t: they trying to use simple curves / closed form solutions, instead of using ABM (Agent-Based Modeling) or even more advanced simulation methods