The Future of 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

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

One mechanism to coalesce a nexus of smart contracts is a Decentralized Autonomous Organization (DAO). You can think of it like a shared treasury among the members, with hard coded rules that govern how funds can be disbursed. DAOs can be used for any number of collective pursuits, much like an LLC can be formed to pool resources for any number of ... 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

DAOs have at least three distinct advantages over traditional organizations: (i) speed of capital formation (ii) voting is transparent and easily executed, and most importantly, (ii) they mitigate the trust requirement around jointly-owned assets.

Further, many of these platforms are permissionless, meaning you can start today. On Audius you can join and upload music tracks right now. You can curate playlists right now. If your work ends up getting traction, you’ll start earning AUDIO tokens.

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.

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.

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.

Aside from the direct payment for learning how to use the protocol, you also build your on-chain resume. Since all activity on-chain is visible, you can reveal evidence of what you’ve done, and when. Rabbithole translates this activity into experience points (XP), which determine your RabbitHole “level.”