web2web3

In a world where most crypto projects have points programs, the core product will be what matters most. 

However, there are still best practices for points design. Outlining lessons from a recent discussion hosted by @variant:

first-check crypto vc, investing in an internet that turns users into owners. some of our channels….. /variant /0to1 /web2web3

In a world where most crypto projects have points programs, the core product will be what matters most. 

However, there are still best practices for points design. Outlining lessons from a recent discussion hosted by @variant:
https://paragraph.xyz/@0x808a2adbd0a3fc679e3f7cd18d4f579bfcaaec9c/dissecting-the-points-meta

investing & writing about consumer tech since 2016. FID #30. hosting /web2web3 

https://www.lisnewsletter.com/

great read - one thing I haven't quite seen in the web3 points meta is a points sink. e.g. using points to open loot boxes for skins/themes (any non-tradable "cosmetics"). clearly, it doesn't apply to the bulk of dapps (rainbow wallet, maybe?) and it opens some vector for legal issues too.

totally - I think that's because of the complexity of creating rewards/redemption, vs. only giving out points :) once you introduce redemption, then there are costs.

on the legal side, i'm not sure, but tagging in @jchervinsky