Economics Design

Previously, we looked at the economics design of a video game, as well as what we can learn from viruses that are applicable to economics design. In this video, we take it one step further and look at token economics, as well as how it is redefining the future of the world we live in today.

The beauty of token economics is that its possibilities are endless. From art to buildings, the way we invest in assets could be completely redefined with the arrival of tokenisation. The act of tokenising assets has threatened to disrupt many industries in many disciplines, in particular the financial industry. As a designer of the ecosystem and token, there are countless ways to manage the demand and supply of tokens, with the goal being to maximise the value of your tokens in the primary market. As we enter a more data-centric world, we can engineer designs to serve the outcomes we want. Token engineering and token economics are just going to continue increasing demand in this space, and what we optimise as well as how we optimise, is going to keep changing and evolving.

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We can learn so much from biology and how it adapts to changes in the environment. Taking the lesson from Coronavirus, I'm keen to figure out the mechanisms in which viruses adapt and mutate as a result.

In this episode, we want to answer 3 fundamental things:

1. What drives evolution?

2. What role does the environment play in evolution?

3. How can we apply this to designing complex evolving economic systems?

This is the first episode to Economics Design 1. Think it is not relevant to you? If you have ever sold tickets to an event, collected points for a membership, or done management of a space or any sort - economics design is more than relevant to you! 

In this episode, Lisa tells us how to design a working economics system within a zoo. Tell us what do you want us to try next?