If you want to add instant gravitas to your company, hire a Nobel Prize winner as an adviser. Better yet, add two.

Blockchain research firm Cryptic Labs said Monday it hired two Nobel laureates for its economics advisory board. Eric S. Maskin and Sir Christopher Pissarides will “provide insights in incentive mechanisms, game theory and macro-economic policies.”

Maskin, currently a professor at Harvard University, will advise on how blockchain projects can develop user incentives. He won the 2007 Nobel Prize in Economics for laying the foundations of mechanism design theory.

Pissarides, awarded the 2010 Nobel Prize in Economics for his work on the “economics of markets with frictions,” will advise the company and its clients on macroeconomics.

Last month Oliver Hart, who shared the Nobel in economics in 2016, joined Prysm Group to review incentive structures to make sure the company’s clients get what they expect from their smart contracts.

ThirtyK Staff
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