Hashing It Out

Matty Tokenomics | Tokenomics for Builders

Episode Summary

In this fascinating interview on Hashing It Out, Matty Tokenomics discusses his book "Tokenomics for Builders" and detailed methodologies for effective token design. The conversation delves into his background in economics and finance, including his experiences at Ray Dalio's Bridgewater Associates and as a tokenomics researcher for various blockchain projects. Matty explains the importance of incentivizing the right user behavior and the challenging aspects of designing complex financial systems, including investor reputation and compliance with regulations. Additionally, the interview touches upon the emerging trends and ongoing developments in the blockchain space, emphasizing the impact of macroeconomic factors on cryptocurrency valuations and the industry's growth.

Episode Notes

In this fascinating interview on Hashing It Out, Matty Tokenomics discusses his book "Tokenomics for Builders" and detailed methodologies for effective token design. The conversation delves into his background in economics and finance, including his experiences at Ray Dalio's Bridgewater Associates and as a tokenomics researcher for various blockchain projects. Matty explains the importance of incentivizing the right user behavior and the challenging aspects of designing complex financial systems, including investor reputation and compliance with regulations. Additionally, the interview touches upon the emerging trends and ongoing developments in the blockchain space, emphasizing the impact of macroeconomic factors on cryptocurrency valuations and the industry's growth.

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RESOURCES:

Matty - @mattyTokenomics

Book: https://tokenomics-guide.notion.site/Tokenomics-for-Builders-The-Practitioner-s-Guide-to-Token-Design-b5154feba117415cafd67678355e317b

00:00:10 Welcome to Hashing It Out

00:00:43 Chris Burniske's Endorsement

00:01:18 Welcome Matty Tokenomics

00:01:40 Getting to Know Matty

00:02:51 From Finance to Tokenomics

00:03:56 The Foray into Crypto

00:05:07 Predicting Non-Financial Events

00:05:25 Jesse's Intro and Questions

00:06:13 What is Matty Up to Now?

00:08:15 Importance of Quality Investors

00:10:20 Raising Funds Wisely

00:12:14 Fixing Airdrop Inefficiencies

00:13:46 Token Sales and Reputations

00:15:16 Eigen Trust Reputation

00:17:23 Addressing Investor Reputation

00:19:24 Tackling the Cold Start Problem

00:21:51 Examples of Mature Systems

00:24:22 Sales of Invites and Trust Networks

00:26:22 Barriers to Entry for Investors

00:28:36 Aligning Incentives

00:30:56 Managing Emergent Social Behaviors

00:33:24 The Future of Bridges

00:37:27 Back to Basics - What is Tokenomics?

00:39:55 Behavioral Economics and Tokenomics

00:40:50 Incentivizing Rational Behavior

00:42:44 Unit Bias and Token Prices

00:44:21 Changing Perceptions

00:47:22 The Role of Macroeconomics in Crypto

00:53:02 Changing Fundamentals in Bitcoin

00:54:47 Watching Ethereum's Fundamentals Evolve

00:56:01 L2 Ecosystem Dynamics

00:59:17 Solana's User Experience

01:00:02 Is What Matty Does Difficult?

01:00:55 Matty's Bitcoin Realization Moment

01:02:15 Tokenomics in Ten Words

01:02:42 Legion CC Plug for Reputation Scores