TE Fundamentals (TE Academy)

Token Engineering Fundamentals


TE Academy will build the first bachelor-level education program and NFT-based certification, open job-boards and matchmaking activities for projects seeking Token Engineering expertise. Via this offering, we’ll define standards for this new discipline. Additionally, NFT-based certification opens the door for new value flows in TE education and research.

The problem we solve

  • tokenomics is success-critical for any crypto project
  • experts are hard to find
  • token engineering is a new field, difficult to determine if job candidates are a good fit
  • this proposal is about bridging this gap with
    • education
    • certification
    • matchmaking

Our ask
Our ask to TE Commons is to co-fund this major step for TE education with $100K.

We see TE Commons as the key organisation to establish standards in Token Engineering, particularly for Token Engineering ethics and values. The impact of this program for defining these standards will be huge.

The TE Fundamentals program will be free and open to any student in the world. To fund the development, TE Academy is currently reaching out to several DAOs and partners with a total funding target of $500K.
Our goal is to have several ecosystems on board to support TE Fundamentals. Plus, we’ll create matchmaking activities with funding partners to provide a career perspective for graduates.

About TE Academy
Over the last two years, the Token Engineering community has managed to gather researchers and engineers from many disciplines to formulate the token engineering design process, validation methods and a body of knowledge. With TE Academy we’ve created the first educational institution in this field, which traditional academia hasn’t even picked up. Since its launch in July 2020, more than 800 students from 21 time zones have attended our courses.
Our YouTube channel offers session recordings of most of our programs, publicly available and free.
TE Academy has led various educational initiatives with partners like Balancer, Gitcoin, Boson Protocol of Ocean Protocol.
We’re glad that our proposals have been successful in various DAO votings, like for the DAO Rewards Systems Research Initiative with Ocean DAO, Near DAO and Gnosis DAO.

About Token Engineering

How Token Engineers contribute to crypto projects

Token Engineers exercise various critical and supportive functions related to the Engineering Lifecycle of a token project. Some of the main tasks include:

  • Systems Engineering:
    Define the strategic roadmap of a project, categorize subsystems, their boundaries and interrelations, and derive requirements for the system’s economic architecture and design
  • Mechanism Design:
    Analyze stakeholder roles and define the structure of interactions in the system (like staking, bidding, buying and selling), design fundamental market mechanisms and find ways to incentivize behavior to ensure the expected outcome while addressing and eliminating attack vectors
  • Software Implementation Oversight:
    Translate new designs into algorithms to be implemented in code

Typical Tools used by Token Engineers

To perform solid recommendations and interventions, Token Engineers have to make use of a variety of interdisciplinary knowledge sets and tools, which can include:

  • Cryptoeconomics:
    Address the alignment of individual incentives with community goals over time in digital decentralized tokenized economic systems accounting for the multilayered structure of the economy
  • Control Theory
    Design feedback loops, monitor and automatically stabilize or optimize a system (like dynamic fees to balance supply and demand)
  • Operations Research
    Apply graph theory and network analysis to monitor network healthiness and provide information on risk and vulnerabilities
  • Data Science
    Gather, analyze, and make sense out of various forms of quantitative information
  • Modeling & Simulations
    Create simulations of the system to verify new designs, or make predictions on how the system evolves in specific scenarios (“What if we offer single-sided exposure for liquidity providers”)

TE Fundamentals Content (WIP)

TE Fundamentals will cover the following topics:

1) Crypto-economic systems

  • What are cryptoeconomic systems
  • Why we decentralize
  • Purpose-driven, political economies
  • Cryptoeconomies as complex systems
  • Engineering Ethics based on TE Commons mission, vision and values

2) The Engineering Design Process

  • TE Process Overview
  • Discovery:
    • System requirements and context
    • Metrics
    • Agents and their goals
  • Design:
    • Stock and Flow Diagram
    • Mathematical Specification and formal description
    • Mechanisms
  • Deployment:
    • cadCAD implementation, digital twin
    • cadCAD experiments & simulations
  • System Identification
  • System Governance

3) Introductions (incl. exercises)

  • Economics for Token Engineers
  • Mathematics for Token Engineers
  • Systems Theory for Token Engineers
  • Simulations, Scientific Computing for Token Engineers (Python)

4) Partner Content

  • tbd with partners, based on existing documentation, whitepapers etc.
  • incl. examination questions

5) Computer-aided, token-based governance

  • DAOs
  • Governance surface
  • Algorithms as policy
  • Computer-Aided Governance Process


all timelines refer to the grant approval date.

Milestone 1 / 6 weeks (of total grant amount)

  • content outline (total course)
  • chapter 4 content outline
  • wireframes course platform
  • min 50 pre-sign ups (students)

Milestone 2 / 4 months

  • TE Fundamentals content script
  • examination questions
  • UX/visual design course platform
  • NFT certificates user flows
  • +50 pre-sign ups (students)
  • launch event scheduled

Milestone 3 / 5 months

  • content final incl. post production (= .mp4 file for students, incl. final videos, visuals, audio recording of speakers)
  • course platform in beta
  • NFT certificate implementation
  • launch event final stage
  • min 8 promotion/onboarding events scheduled (crypto/beyond crypto)

Milestone 4 / 7 months

  • TE Fundamentals online course live
  • launch event delivered
  • first students enrolled
  • run study groups on a monthly base

Milestone 5 / 8 months

  • NFT certification in production
  • deliver 4 events per month for student inflow (online or live)
  • ramp up talent matchmaking activities
  • min. 50 students enrolled
  • run study groups on a monthly base

Milestone 6 / 10 months

  • deliver 4 events per month for student inflow and talent matchmaking (online or live)
  • talent matchmaking activities
  • min. 80 students enrolled
  • run study groups on a monthly base

Milestone 7 / 12 months

  • deliver 4 events per month for student inflow and talent matchmaking (online or live)
  • talent matchmaking activities
  • min. 100 students enrolled
  • min. 50 graduates

Note: TE Fundamentals aims to establish new value flows for knowledge creators, while making content open and accessible for students. This is why none of the funding partners will hold any TE Fundamentals IP or copyright.

Budget and payouts

We suggest to split the total amount of $100K into quarterly payouts of $25K each. For every completed milestone we’ll report progress to the community. This way we provide maximum transparency, accountability and a good basis for voting on the next payout.


Angela Kreitenweis
Founder TE Academy
Discord: akrtws (TE Academy)#4246

  • background in early-stage startups (both at
    startups and investors
  • more than 10 years in digital product
  • more than 8 years of experience as a trainer/mentor
  • co-founded Token Engineering Community in 2018

Kris Paruch
Content Lead

  • background in Economic Mathematics
  • Token Engineer and Cryptoeconomist at Cryptoeconomics Institute, WU Vienna
  • and for various crypto projects at BlockScience Complex Systems

Andrew Penland, PhD
Educational Formats

  • background in Mathematics
  • Associate Professor at Western Carolina University
  • awarded with MAA Teaching Award 2021

Peter Hacker
TE Academy Educational Programming

  • Bachelor degree in Economics and Mathematics
  • four years in eCommerce data analytics and business strategy
  • active TE community member (TEC, cadCAD, BlockScience, Commons Stack)

Patricia Gil de Brolezzi
TE Academy Community Team

  • Bachelor degree in International Relations
  • six years in board game design & development
  • TE Academy communications and facilitation

Ana Antunićević
Legal, NFT Certification

  • Lawyer
  • Consultant NFTs
  • Crypto Assets Regulation

Raul Martinez
Certification, Smart Contracts

  • Smart Contract Lead @Forta
  • Co-Founder & Token Architect


Michael Zargham, PhD
TE Academy Advisor

  • Founder of BlockScience
  • Inventor of cadCAD
  • R&D at @crypto3conomics

Trent McConaghy, PhD
TE Academy Advisor

  • Founder of Ocean Protocol
  • Inventor of TokenSPICE

Jessica Zartler
TE Academy Advisor

  • Governance Researcher at BlockScience

Danilo Lessa Bernardineli
TE Academy Advisor

  • Cryptoeconomics Researcher
  • Teaching Assistant at University of Sao Paolo
  • “Professor of Hackology” at cadCAD.education

Hi everyone,

it’s time to publish the first TE Academy proposal at TEC! :point_up_2: :hatching_chick:
After running first Token Engineering courses and research groups at TE Academy in our first 18 months of existence, it’s time to take another big leap in 2022: the first bachelor-level education program for this discipline - TE Fundamentals!

Our roadmap covers 12 months and our ultimate goal is to not only to offer content. No! We aim to get as many active token engineers matched to crypto projects as possible.

For more impact, for more sustainable token designs and for establishing engineering ethics in crypto!
This is why we ask TEC and a range of crypto projects to team up in funding. Let’s grow this discipline together! Read more about our roadmap in our proposal.

Thanks in advance for your comments, questions & support!


:star_struck: 1000000000000% yes


Sounds great! :pray: ​It would be super cool if there would be some in-person meetings as part of the program.


Oh yes, great idea! :boom: :woman_cartwheeling:
You noticed that we plan study groups. Imagine we spin up local hubs, say in India @Jose!, in Europe, in the U.S., Canada, in Brazil… and people meet there for learning together!
Or we meet along main conferences. Would be awesome!


First, congratulations everyone for the successful Commons Upgrade that happened last week! :clap: :rocket:
With the winning proposal Goldilocks the community voted to generally set high barriers for large lump-sum funding proposals. Here, it’s technically not possible to receive enough conviction for $100K. Fair enough!
As a result, we’ll reduce our ask to $50K in this proposal and will come back with a second proposal later this year, sharing the results we’ve achieved until then. All other details of our proposal remain unchanged.
We plan to put up this $50K proposal for voting on Feb 1st.

Come with your questions!
We invite all TE Commons members to join us for an AMA SESSION
on Friday, Feb 4th, at 4pm UTC.

Add this to your calendar

Ask all your questions about this funding proposal and the TE Fundamentals education program! Kris Paruch and @Octopus will join from the content team, as well as Pati and @Heater to share what community activities we plan for TE Fundamentals!

See you there!


So excited about this!


Looking forward to it! An huge leap for making the Token Engineering discipline more cohesive and mainstream


Can’t wait for this to become real! Looking forward to Feb 4th :grinning_face_with_smiling_eyes:


Finally it is coming together! Very much needed - excited to get TE Fundamentals accessible to developers entering web3 and matched to token projects supporting the TEC


This proposal is live in the TEC Garden!


give ape token, ape eat 1 day

teach ape tokenomics, ape eat many days

teach ape mint token together, ape feed many ape many days

ape together strong



With this bachelor degree, I just want to get back to college!


totally agree with TE Fundamentals



This needs to be an NFT


for your trust in our team and the vision for TE Academy!! :pray:
Around 35% of the current total supply of $TEC was thrown behind this proposal, really grateful for such strong support, this is so encouraging for all the work ahead!

You are all amazing! :rocket: :rocket: :rocket:


This is such a transformational moment in funding educational programs! Congrats to the entire team of TE Fundamentals, most of whom also made the rewards systems research initiative possible :slight_smile:


great move, web3 space need this



Great news!
We’ve openend up pre-sign ups for students last Friday Feb 4th!
Only 4 hours later, we hit 100 registrations! In our first AMA session, people from Nigeria, Argentina, Nepal, Greece etc. attended, all excited to become a Token Engineer. Plus our next partner, 1kx.network confirmed.
Nice progress! :smiley:


Very, very good initiative. Looking forward supporting this.

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