Some authors express that cooperation is the key for everyone to win in the world of cryptocurrencies. For John Nash, “the best for the group comes when everyone in the group does their best for themselves and for the group.” And how do you get everyone to cooperate in an ecosystem of cryptocurrencies? Keep reading!

In the world of cryptocurrencies, an ecosystem is composed of users who use the currency and merchants who accept the currency. However, the main thing is cooperation to make the ecosystem work. Cooperation goes hand in hand with an incentive that will encourage participants to contribute either information or services. Each cryptocurrency has developed its own incentive system according to his needs, with the intention of favoring the miners to continue cooperating within the ecosystem.

As an example of an incentive system we could talk about the Urbit project, where any person, company or institution can access real estate information, make the valuation of a property, search for rental offers or buy and offer properties for sale or rent, as an information provider or as an information consumer.

By having the role of information provider, the participant would be contributing and as a result may receive rewards in the form of a currency called Urbit. In addition, the contribution of the ecosystem participants will ensure that all participants have an incentive to use the ecosystem.

This is how we see the importance of this exchange, as the participant of the ecosystem receives an incentive, in that same measure will be willing to cooperate or not. At the same time, it is essential that the organization that develops the project establishes a system of incentives to reward its information providers.

Stay up to date with important ANNOUNCEMENTS by JOINING our:

Official site: https://urbitdata.io

Whitepaper: http://urbitdata.io/#nav-whitepaper

Telegram Group: https://t.me/urbit

Linkedin: https://www.linkedin.com/company/urbitdata

Facebook: https://facebook.com/urbitdata

Instagram: https://www.instagram.com/urbitdata

Twitter: https://twitter.com/urbitdata

Reddit: https://www.reddit.com/r/UrbitData/

Bitcointalk: https://bitcointalk.org/index.php?topic=3353363.0

Medium: https://medium.com/@urbitdata

Youtube: https://www.youtube.com/channel/UCJRSNm_SN1v-yzmjdmdBUPg?view_as=subscriber