Ep 30 - What is Cryptoeconomics and Token Economies? Featuring Stephanie Hurder, founding economist of the Prysm Group

Today we are exploring a fascinating intersection of disciplines,
Cryptocurrency and Economics, called Cryptoeconomics (aka
Cryptonomics or Tokenomics).


To help dig deeper into these concepts we brought on Stephanie
Hurder, a Harvard educated PhD economist, who is also a founding
economist of the Prysm Group, a consulting firm focused on
economic and governance.


Stephanie is a Harvard-educated economist specializing in human
capital, market design, and the future of work. While at the
Boston Consulting Groups, Stephanie worked with Fortune 50
corporations and global NGOs to build effective organizations
that are prepared for the future of work. She was recognized as a
firm-wide expert on organizational effectiveness and design and
co-authored multiple publications on these topics.


Stephanie has held research positions at MIT, Microsoft Research,
and Merrill Lynch, and given invited seminars to faculty at half
a dozen top research universities across the country. She holds a
PhD in business economics, an AM in economics, and an AB in
mathematics from Harvard University.


Stephanie now works with the Prysm group as a founding
economist:


"We are a blockchain economics & governance design firm led
by PhD-level economists disciplined by the world’s top
universities, specializing in blockchain and cryptocurrency
contract theory and market design. We use a first
principles-based structured process in reaching a customized
solution for your distributed ledger database or smart contract
enabled enterprise, concentrating on: Community Governance,
Consensus Governance, Token Structure, Coin & Token Sale, and
Market Structure."


 


After listening to this episode you will learn:


What Economists study and do

What is the Prisoner's Dilemma? (how it applies to
cryptoeconomics)

What Cryptoeconomics is? (The difference between Protocol and
dApp, Token Curated Registries cryptoeconomics)

What tokenization is (and how it connects with economics)

About Stephanie's arguments in her article, the Economics of
Tokenization 

Best practices, fundamental principles behind "token
economics"

How Blockchains are like mini-economies (Economic systems
designed in code)

Use cases, protocols and projects that most excites her



 


For show notes and more please visit: LAB Radio