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A Summary of

Skin-in-the-game coins

by
Ryan Selkis
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“Skin-in-the-Game” coins are utility tokens that are overvalued by 10-100x. They require commitment from either a computer or human and are made up of three sub-categories: 1. “Securitized” computing resources – the commitment of tech resources is rewarded 2. “Proof-of-human-work” systems – involves proposal requests, incentives for high-quality work, application fees, and/or incentives for reviewers of work 3. Token-curated registries – entities pay to apply to be curated into a specific list Ultimately, “skin-in-the-game” coins hold little inherent value and will trend to zero in the future.

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