Application token models should focus more on B2B uses and less on B2C uses.

Focus more on mechanisms for incentivizing developers, coordinating economic activity and ensuring credible neutrality of shared infrastructure.

Focus less on mechanisms for acquiring users, which often leads to rent seeking and speculation.

Trying to solve more problems than I cause @a16zcrypto

https://linktr.ee/milesjennings

Blockchain & Development Nerd 🤓 build, develop and operate Farcaster solutions @ dtech.vision also love tech, decentralization, fitness and oldschool rap 😎

Those are good. Should also reward builders for the value they bring to the protocol. For instance, if 10 developers build NFT marketplace applications on top of an NFT marketplace protocol, those developers should be automatically rewarded based on the proportional value their applications generate for the protocol.

my take on how to do that

- Retro active funding rounds for awesome ecosystem stuff
- voting on prioritizing new features to implement (some fixed capacity per timeframe available to voters)
- run hackathons with clear goal/direction to build in with token rewards

I don't think any application has really done this yet. But  we've seen models of it work at the layer-1 and layer-2 levels. Many Layer-1 models have used ecosystem funds to drive developer activity. Optimism has also done a lot of interesting stuff.

Very interesting, can you recommend further reading on where these application token models have worked out well?

Life long learner. Micro dosing nitro brew