A note from Daniel

Faucets are a powerful tool for building networks. The token incentives they distribute can help overcome the bootstrap problem, recruit early contributors, fund ongoing development, share upside with a broad community of users, and keep networks se-cure. They are analogous to land grants in early cities that align incentives and encourage real estate, business, and other development.

Daniel Read Write Own, page 144 · March 10, 2024 Save to shelf
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