Building the ultimate reward layer for Web3
April 11, 2023 ⚊ 1 Min read ⚊ Views 63 ⚊ TECHNOLOGYRewards are the vehicles for Web3’s core value proposition: ownership.
From a growth perspective, they are fuel for the fire. They are candy for the brain. They attract users and entice them to stay.
Referral programs, quests, granular token emissions, long-term profit sharing, leader boards, reputation points, governance rewards, NFT badges,… Rewards done right create positive feedback loops for growth. Rewards done wrong are a death sentence for products and communities.
Tags: Building, ultimate, web3