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Progressive Decentralization is a method of tokenomic development pushed forward by one of the most highly regarded venture capital firms, Andreessen Horowitz (A16Z). This method describes the process of creating and tokenizing a product and continually decentralizing the ownership and development of the token economy to the community of users for that product.
1Hive’s token economic design.
Luke Duncan’s experience with 1Hive offers another path for decentralization. This community began by creating a valueless reputation token and after more than a year of building this token network, people began adding significant liquidity to their economy to support further development. 1Hive has one of the most sophisticated DAO protocols of resource sharing and token management, and speaking to Luke provides a ton of valuable insights into the ways this new type of system can form for value aligned communities.
Learn more by finding Luke and 1Hive below!
Luke: https://twitter.com/lkngtn
1Hive: https://twitter.com/1HiveOrg