Bankless cover image

What's The Point Of Points? The Next Phase of Airdrops

Bankless

00:00

Incentivizing with Points: The ERC20 Approach

This chapter explores a new incentive mechanism for ERC20 tokens by introducing the concept of 'points' as off-chain derivatives that can be earned and redeemed. It contrasts traditional loyalty programs with potential implications in the blockchain realm, discussing consumer rights and the mechanics of this innovative system.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app