Economics is a science. It primarily examines how decisions are made, which alternatives provide greatest benefits to various stakeholders. Contrary to popular belief, economics is not about money. It has and continues to be about the study of allocation of scarce resources (behaviours). We enforce them through incentives and disincentives (punishments).You don’t need to be an economist or technologist to understand the book. We keep things high-level to digest the information, yet coming from fundamental academic research.The difference between economics (soft science) and physics (hard science) is that economics is continuously evolves because it is a study of human behaviours. As we moved from Web 1 to Web 2 and now Web 3, the economics 101 that we initially understood has changed.While is important to be coding the tech infrastructure of Web 3.0 and having ideas of what Web 3.0 is like, an important aspect is the economics and incentive alignment of Web 3.0 users. It is easy to create a token or currency out of thin air. The token is only valuable when the economics make sense.The aim of this book is to dive into the core foundational principles of economics in Web 3.0. We explore the evolution to economics, the change in principles we learnt in Econs 101, and the new environment that economics will exist in.Then, we explore ways to apply these foundational principles in Web 3.0, with or without a token. We also tap into the general mathematics that defines the economic mechanisms.
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- Ernie Ball Slinkys are played by legends around the world including Slash, Jimmy Page, Metallica, Eric Clapton, and more - Burly Slinkys are ideal for players who prefer a heavier set of strings for thicker tone and more tension - Element Shield Packaging prolongs string life and keeps strings as fresh as the day they were made - Bright, balanced tone - Made in California, USA with the finest and freshest materials
Color: Burly (11-52) Style: Single Pack
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- Includes 3 individually wrapped sets. - Ernie Ball Slinkys are played by legends around the world including Slash, Jimmy Page, Metallica, Eric Clapton, and more. - Not Even Slinky’s 12-56 gauge is optimal for detuning. - For decades, Slinkys have provided players with exceptional tone and consistency across the entire fretboard. - Crafted in the USA with the freshest and finest materials.
Color: Not Even (12-56) Style: 3-Pack
- IN THE BOX: 25-foot XLR male to female microphone cable for XLR-compatible PA systems, speakers, and other sound equipment - CLEAR TRANSMISSION: All-copper conductors with inner copper spiral shielding to reduce noise interference - DURABLE DESIGN: Zinc alloy 3-pin connectors with nickeling; protective metal housing and flexible 6.0mm PVC jacket - USES: Designed for studio recording and live sound
Size: 25 Feet Style: 1-Pack
- Includes 3 individually wrapped sets. - Ernie Ball Slinkys are played by legends around the world including Slash, Jimmy Page, Metallica, Eric Clapton, and more. - Beefy Slinky’s 11-54 gauge is optimal for detuning. - For decades, Slinkys have provided players with exceptional tone and consistency across the entire fretboard. - Crafted in the USA with the freshest and finest materials.
Color: Beefy (11-54) Style: 3-Pack
- Includes 3 individually wrapped sets - Ernie Ball Slinkys are played by legends around the world including Slash, Jimmy Page, Metallica, Eric Clapton, and more - One of the original Slinky gauges, Super Slinky has remained one of the most popular electric guitar strings for decades - Element Shield Packaging prolongs string life and keeps strings as fresh as the day they were made - Bright, balanced tone
Color: Super (9-42) Style: 6-Pack
- Ernie Ball Slinkys are played by legends around the world including Slash, Jimmy Page, Metallica, Eric Clapton, and more - Preferred by players across many genres, Regular Slinky’s 10-to-46 gauge has become the industry standard - Element Shield Packaging prolongs string life and keeps strings as fresh as the day they were made - Bright, balanced tone - Made in California, USA with the finest and freshest materials
Color: Regular (10-46) Style: Single Pack
- IN THE BOX: 10-foot XLR male to female microphone cable for XLR-compatible PA systems, speakers, and other sound equipment - CLEAR TRANSMISSION: All-copper conductors with inner copper spiral shielding to reduce noise interference - DURABLE DESIGN: Zinc alloy 3-pin connectors with nickeling; protective metal housing and flexible 6.0mm PVC jacket - USES: Designed for studio recording and live sound
Size: 10 Feet Style: 1-Pack
- Includes 3 individually wrapped sets - Ernie Ball Slinkys are played by legends around the world including Slash, Jimmy Page, Metallica, Eric Clapton, and more - Preferred by players across many genres, Regular Slinky’s 10-to-46 gauge has become the industry standard - Element Shield Packaging prolongs string life and keeps strings as fresh as the day they were made - Bright, balanced tone
Color: Regular (10-46) Style: 3-Pack
- IN THE BOX: 6-foot XLR male to female microphone cable for XLR-compatible PA systems, speakers, and other sound equipment - CLEAR TRANSMISSION: All-copper conductors with inner copper spiral shielding to reduce noise interference - DURABLE DESIGN: Zinc alloy 3-pin connectors with nickeling; protective metal housing and flexible 6.0mm PVC jacket - USES: Designed for studio recording and live sound
Size: 6 Feet Style: 1-Pack