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Your world with Blockchain
@SYDNEYLAI
Hi… I’m
Sydney lai.
Random, because
Millennial...
- Banking/finance
- VC/tech startups
- Space satellites/funding
- Blockchain/token econ
<3 behavior economics
agenda
1. What token design is and why
2. Token Utility Canvas
3. Case studies of token design all around you
4. Introducing Polkadot and why it’s relevant
Token design
Is dope.
And everywhere...
What tokens are/not
Tokens shouldn’t replace fiat
Not all blockchain PROJECTS ARE tokenized
What’s token design?
Token design is solving an incentive system with smart
contracts and shared data. Think behavior economics.
- Market design
- Protocol architecture
- Customer development
- Sales Structure
MARKET DESIGN
- thickness
- congestion
- safety
CUSTOMER
DEVELOPMENT
- interviews
- test
- validate
PROTOCOL
ARCHITECTURE
- Consistency v. performance
- Security v. convenience
- Equity v. efficiency
SALES
STRUCTURE
- Token supply, price, raise
- Fixed supply v. inflation
- Users, speculators, etc
Try it!
Token utility canvas
Decentralized Platform
(Value Propositions)
● VP1
● VP2
Token(s)
Name/Utility
● N1/U1
● N2/U2
Participant 1
(Desired Behaviors)
● DB1
● DB2
Participant 2
(Desired Behaviors)
● DB1
● DB2
Case studies
Taxi medallions
Dating apps
Try it!
Tokenizing celebrities
security token
Tokenizing celebrities
utility token
Collectable characters
Collectable characters
Non-fungible tokens
SO many. wow.
Bitcoin Protocol famous for Bitcoin
Ethereum Protocol famous for Cryptokitties
Ripple Protocol famous for. . .
Institutional Payments
Reminds me of...
utility and purpose
Governance
Interoperability
Operation
Bonding
Governance given to
DOT holders,
managing exceptional
events such as
protocol upgrades
and fixes
Good actors are rewarded by
this mechanism, while bad
actors will lose their stake
in the network. This ensures
the network stays secure.
New parachains are
added by bonding
tokens. Outdated or
non-useful parachains
are removed by
removing bonded
tokens.
For messages to be
passed from one
blockchain to the
next
World built on
polkadot?
Energy web
The Energy Web is an open-source,
scalable blockchain platform
specifically designed for the
energy sector’s regulatory,
operational, and market needs.
pact
Pact enable open, patient-centric
and safe collaborations in
healthcare. All Pact solutions
align with the goal of breaking
data silos, of increasing
transparency and of enabling
patients to be active participants
in their care.
Totem
Accounting information-flow is
broken. Totem connects the parties
to a global accounting protocol
that can transmit accounting
information without the need for
complex private interfaces. Totem
leverages the polkadot network to
connect both private and public
customers.
So what?
LOOK AROUND, see how you can create for our world
Read dis.
Join Polkadot’s community & start building
t.me/PolkadotOfficial
reddit.com/r/dot
Stay in touch
@sydneylai

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