Issue #24: DAOs, Reputation and the Future of Work

In 2021 we have cryptocurrency networks, NFTs, dApps, DeFi protocols, and DAOs. There are so many more types of networks to participate in and add value to.

In Web 3.0, very few things involve content creation. For proof-of-stake blockchain networks, you can run a staking node or delegate to one. For DeFi protocols, you can contribute liquidity or trading strategies. For DAOs, you can vote, participate on a committee, or submit a proposal. All of your actions are memorialized on blockchains, creating a... See more

The reputation you develop on Instagram doesn’t automatically transfer to Youtube or Twitter, and vice versa. Your reputation is actually a platform asset, and the platform lets you use it for free as long as you comply with the platform’s rules.

Our education system is only one type of reputation and credentialing system. Social media, gaming, Github, bootcamps and soon, on-chain activity in decentralized networks, provide forms of reputation that exist outside the framework of the education system.

First, the reputation and credentials you receive in Web 3 are specific to you, not an app or platform. They are portable, and can’t be suspended or deleted. This has an upside and a downside. The upside is the value you provide in one corner of Web 3 can be rewarded in another corner. The downside is a poor reputation follows you, just like real l... See more

The younger generation can develop online reputation and credentials on social (Instagram, Twitter) and digital media (Youtube, Twitch) networks.