The Future of Work

It would be somewhat analogous to Adobe giving you a few shares of stock for learning how to use Photoshop. However, these aren’t centralized software developers, they’re networks.

One thing to understand about user growth for play-to-earn games like Axie is that, while people enjoy playing them, they don’t have to be more fun than games like Fortnite to attract new users. They only have to be more fun than work. That’s a pretty low bar for adoption. As a result, user growth is exploding.

Crypto economies have already begun to shape the future of work. They blend how we play, learn, organize, socialize, and create, with ownership and income generation. In this sense, what is currently transpiring is much broader than work.

Terms like “best effort” are both common in contracts and soft in nature. Who shall determine best effort? We will see the rise of “subjective oracles’’ to address this issue. People will be able to serve as judges via decentralized protocols, and will be paid for their input. They will build a reputation, which will impact their earnings and futur... See more

Networks become more valuable as more people use them, but potential users first need to learn how to use them. By rewarding users to go through the process of becoming informed, the networks get user acquisition, which enhances value, while the users learn a new skill and earn ownership in the protocol for doing so. It’s a win-win for both parties... See more

The model for education has predominantly been pay-to-learn. Students, taxpayers, and/or donors bear the cost of education. This is even true of technical skills, for example, Microsoft charges you to get certified on their products.

Instead of negotiating a salary with a superior, you’ll more likely put a token grant request through the governance process with the community.

When we hired our last intern, I asked him to send me his wallet address in advance of the interview. By reviewing what he had done on-chain, I knew that we were probably going to hire him before the interview even started. Next time, maybe I’ll just ask for the candidate’s RabbitHole level.

It’s possible that crypto governance will dispense with the concept of elections and fixed terms in favor of dynamic proxy. In other words, I can assign my voting rights to a delegate who I believe represents my interests, but I’m free to reassign those rights to another delegate (or myself) at any time. Logistically, this is pretty easy in crypto ... See more