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DamasceneMoment's avatar

What does (3,3) mean here? Thanks. 🙏🏼

Ven's avatar

Sorry, I forget that there are newer readers lol. (3,3) refers to the coordination outcome in the prisoners dilemma. It became a meme in the crypto world because "if you collectively hold the token and don't sell, the price can only go up". Naturally, this collapses, but I effectively use it to imply coordination in the sense that "everyone knows it has to go up" at this point, and implies that people can't break and sell or everyone loses.

https://research.tokenmetrics.com/3-comma-3/

DamasceneMoment's avatar

Ah okay thank you!