Exploring the Potential of Tokens for Incentives in Industries Like Ride Sharing

This chapter explores the potential of tokens as alternative incentives in industries facing rising costs, such as ride sharing. It discusses the impact of regulatory uncertainty on innovation, contrasting the cautious approach of established companies with the opportunistic mindset of bad actors. The chapter argues for proactive policy and legislation to clarify rules and create a responsible path for token-based innovation, suggesting measures like lockups, audits, and disclosures to encourage more good actors and pave the way for new innovations in the space.