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In ordinary contexts, <a href="https://medium.com/p/d029ddfa30ca/" target="_blank">the term ‘incentive’ refers to an individual’s reason for acting towards a particular goal</a>. Within the <a href="https://hackernoon.com/tagged/blockchain" target="_blank">blockchain</a> community, the concept of an incentive is becoming increasingly popular, although here it takes on a more technical meaning. We say, for instance, that an <em>incentive-centered design</em> is one that <strong>aligns the incentives of an individual with the overarching goal(s) of a system or institution.</strong>