Saved by sari
The Token Society
The Ownership Economy: Crypto & the Next Frontier of Consumer Software – Variant
Jesse Waldenvariant.fundsari and added
When you have an internet service that serves hundreds of millions or billions of people, there is a huge asymmetry of power and knowledge between the service provider and individual users. To fix this, you’d want a system that provides a way for users to organize and act collectively. You’d want users to receive a straightforward digital represent... See more
Chris Dixon • "Let's Run The Experiment": A conversation with Chris Dixon about DAOs and the future of organizations online
sari added
sari added
In the past, trust was purely social (think the caveman days). Then it switched to trusted institutions (banks, governments, companies) which was a step up, but we still had to rely on the other parties goodwill, or their incentive to behave in the right way.
The problem today is that institutions have become the sole gatekeepers of trust. We are st
Ali Yahya • Web 3.0 and the Future of Trust
Marcel Mairhofer added
This means, for the first time ever, we can have community ownership and network alignment completely consistent with capitalism. And this is uniquely unlocked by crypto tokens that enable us to distribute the value of ownership in the same way we distribute information — instantly, to anyone, anywhere in the world.
Erik Torenberg • Better Aligning Value Creation & Value Capture
sari added
The core ethos of web3 is:1) taking away the middle-man by enabling true peer-to-peer social and transactional relationships and2) rewarding people based on their actual contributions, both financially and through social recognition.
DocTom • Web3—Community first
Mo Shafieeha added
And, through programmable trust, cryptonetworks stand to enable human cooperation at a scale that is completely unprecedented. Trust is becoming unbundled, decentralized, and inverted –– instead of flowing top down from institutions to individual people, it is now beginning to emerge bottom up from individuals and software.
Ali Yahya • Web 3.0 and the Future of Trust
Marcel Mairhofer added