The IDK Show by Bu Zhi DAO

BZD Workshop #2 - Token Design for a Sustainable Web3 ft. Lucas Baker, Jump Crypto


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Lucas Baker from Jump Crypto's Research and Investment teams guides BZD members through the challenging yet rewarding world of tokenomics design.


(00:00:00) Intro
(00:00:33) Overview
(00:01:49) What is tokenomics?
(00:02:44) Token design's trilemma
(00:03:46) 1st principles
(00:05:49) Canonical good design
(00:08:07) Canonical bad design
(00:09:34) Common design patterns
(00:12:15) Common pitfalls
(00:14:20) Token design in actions
(00:15:25) Exercise: Token TikTok
(00:16:35) Analysis
(00:19:36) Dos
(00:23:17) Don'ts
(00:24:44) Workshop takeaways
(00:26:19) Q&A 1: Infrastructure layer vs application layer tokenomics?
(00:27:15) Q&A 2: What about tokens with no monetary value?
(00:28:28) Q&A 3: Is a dual-token design better? (Axie Infinity)
(00:29:47) Q&A 4: Reward contributors with NFTs?
(00:30:22) Q&A 5: Best time to make token design decisions?
(00:31:26) Q&A 6: Takes on Goldfinch's protocols?
(00:32:42) Outro: BZD, Taipei Blockchain Week

🤷 Know the people
Workshop ▪︎ Lucas Baker ▪︎ https://twitter.com/SansGravitas
Production ▪︎  Thomas Lee ▪︎  https://twitter.com/thomaslylee
Theme Song ▪︎  Tmoc ▪︎ https://www.instagram.com/tmoc_fm


🙋 Know more
Built by Bu Zhi DAO members, the IDK Show dives deep into high level insights with real people in Web3. Join our global community of founders, builders, creators and investors, bridging Taiwan to the world.

Website ▪︎ https://www.buzhidao.tw
Twitter ▪︎ https://twitter.com/buzhidao_tw
Linkedin ▪︎ https://www.linkedin.com/company/buzhidao

💁 Know this
Not legal or investment advice. All materials are published for editorial, educational, and entertainment purposes only. Opinions expressed do not reflect the opinions of BZD, or of the participant's employer.

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The IDK Show by Bu Zhi DAOBy Bu Zhi DAO