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CryptoEconLab

Cryptoeconomics is an emerging field of economic coordination games in cryptographically secured peer-to-peer networks. As an interdisciplinary study, cryptoeconomics involves a constellation of knowledge including computer science, network science, statistics, economics, and system engineering. In an increasingly networked and open world, cryptoeconomics will play a bigger role in coordinating human and machine activities and building a better future.

Mission & Vision

CryptoEconLab at PL aspires to become a hub for research on economic incentives, coordination games, and novel marketplaces. We aim to develop capacity to design, validate, deploy, and govern large-scale economic systems. CryptoEconLab strives to empower projects in the ecosystem through novel incentives and advance humanity’s understanding of multiagent systems and algorithmic steering of economic networks.

Motivation & Description

The lab’s genesis comes from a growing need to enable the design and deployment of large-scale economic systems, from token networks to the Metaverse. CryptoEconLab is designed to take ownership of the economic aspects of a technosocial system including design, specification, validation, deployment, and governance.

Research Endeavours

  • Formation, diffusion, and learning in networks
  • Stochastic optimal control for evolutionary systems
  • Evolutionary game theory, population games, state based potential games
  • Optimal pricing and resource allocation in distributed networks
  • Value attribution and graph-based algorithms
  • Market design, algorithmic game theory & differential privacy
  • Prediction markets, automated market makers, reputation systems
  • Institutional economics and governance
2020-08-27 / Report
Engineering Filecoin’s economy
As a novel data storage and distribution network, the Filecoin Network’s mission is to create a decentralized, efficient, and robust foundation for humanity’s information. This mission will be advanced by incentivizing consistent growth and development of the Filecoin Network’s economy.
Protocol Labs
2020-03-19 / Journal article
On modeling blockchain-enabled economic networks as stochastic dynamical systems
Blockchain networks have attracted tremendous attention for creating cryptocurrencies and decentralized economies built on peer-to-peer protocols. However, the complex nature of the dynamics and feedback mechanisms within these economic networks has rendered it difficult to reason about the growth and evolution of these networks.
Applied Network Science / 2020.03.19
Zixuan (ZX) Zhang , Michael Zargham, Victor M. Preciado
2022-08-26 / Blog
Protocol Labs research funding recipients 2022
Protocol Labs Research is thrilled to announce the first research funding recipients of 2022! We fund researchers around the world and have given out 11 awards so far this year. These awards include three RFPs, two Summer Research Grants, five Doctoral fellowships, and one Postdoctoral fellowship.
2022-03-30 / News
New research opportunities from CryptoEconLab
The hard-thinking research scientists of the CryptoEconLab have developed a set of research questions that are particularly appropriate for scoped independent work. These questions can be used to design an MSc thesis or PhD industry-experience project for students in computer science, statistics, complexity science, economics, or related areas, or as the basis for independent research.
2022-03-07 / News, Team
Meet Alex Terrazas, CryptoEconLab TPM
We are excited to announce that Alex Terrazas will be guiding and supporting CryptoEconLab as a Technical Program Manager. We asked Alex about his journey to Protocol Labs, the CryptoEconLab projects he will be working on, and his thoughts about future technological developments:
2022-02-17 / News, Team
Tom Mellan joins CryptoEconLab as a Research Scientist
CryptoEconLab is pleased to welcome Tom Mellan to the team as a research scientist. Tom has spent the last two years modeling infectious diseases at Imperial College London. The backbone of this research centered on the messy intersection of science, maths and policy; asking simple questions like: what’s happened and why?
2022-01-19 / News, Blog
Open problems in incentive research
CryptoEconLab is the PL hub for research in cryptoeconomics, an emerging interdisciplinary field investigating the dynamics of economic coordination games in cryptographically-secured peer-to-peer networks. CryptoEconLab stands at the intersection of computer science, network science, statistics, economics, psychology, decision neuroscience, and system engineering, and the problems it explores have strong resonances with the field of complex systems theory.
2022-01-14 / News, Team
Axel Cortés Cubero joins CryptoEconLab
We are excited to announce that Axel Cortés Cubero has joined CryptoEconLab, where he will explore the dynamics of cryptoeconomic networks as a research scientist. We asked Axel about his journey to Protocol Labs, the CryptoEconLab projects he will be working on, and his thoughts about future technological developments:
2021-05-13 / Careers
We're hiring!
Protocol Labs Research has been growing rapidly, with the launch of CryptoComputeLab, CryptoEconLab, and CryptoNetLab, a number of new projects, and new researchers, advisors, and support staff joining the team.
2020-08-27 / Blog
Introducing the Filecoin Economy
Filecoin provides a blockchain-based marketplace that promises to revolutionize the global storage economy. The Filecoin marketplace delivers a totally new and secure way for anyone in the world to buy and sell storage. We’re excited to share an overview of how the storage economy works on the Filecoin Network.