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

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.

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.

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

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

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... See more

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.

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... 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.