Pointonomics: The Emerging Trend of Point Systems in Blockchain

The blockchain ecosystem is constantly evolving, with innovations that refine how incentives are structured. One notable trend is the shift from token-based incentives to point systems. This shift, which I call "Pointonomics" (Point + Economics), is gaining traction among various protocols. Let’s dive into what this system entails, its advantages and disadvantages, and explore some key protocols that have adopted it.

Introduction

Pointonomics refers to the use of point systems within blockchain networks to incentivize users. Unlike traditional token incentives that have tradable value, points are non-monetary units that reward specific actions or contributions within a network. These points can primarily be redeemed for airdrops, providing users with additional tokens or rewards distributed periodically.