Simon de la Rouviere on the utility of bonding curves as a cryptoeconomic primitive & funding model
A bonding curve is a crytpoeconomic primitive which allows projects to leverage a continuous token model to fund their projects, rather than ICOs or other funding methods. Tokens are minted when funders bond Ether in a smart contract. Those who fund the project early on receive more tokens as a function of logarithmic, exponential or linear equation. At any time, backers can sell their tokens for part of the reserve which has accumulated in the smart contract.
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