Curator Onboarding
What are Cryptoeconomic Primitives?
Cryptoeconomic Primitives are token-based incentive systems. They are enabled by economic and cryptographic mechanisms and allow the coordination of labor and the allocation of capital to reach shared goals.
Examples of Cryptoeconomic Primitives
Cryptoeconomic primitives can be used in many different ways. Examples include:
- Curved Bonding: For continuous token models
Token Curated Registries (TCRs): Decentrally-curated lists with economic incentives to curate the list’s contents
- Stablecoins: Incentivized coordination to maintain the value of a coin stable
- Prediction Markets: Incentivized forecasts of future events
- Geospatial Markets: Incentivized activities throughout the physical world
Cryptoeconomic Primitives & Token Bonding Curves.
An interesting cryptoeconomic primitive that has started to emerge is the application of token bonding curves as incentive systems. Doing so allows the coordination of participants and other actors in a network to accomplish common goals to create robust decentralized networks. As such, the bonding curve acts as a protocol-based incentive system, which is also referenced as “tokenized economic game.”