Sarah Wong

1. Smart contract and digital property deed — a smart contract linked to a digital property deed, that can automatically distribute value uplift between two parties.


2. Property valuation — an API that automatically accesses the existing NYC property value dataset, calculates value uplift above background inflation and links this data to a digital

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Governments know that building public infrastructure makes the value of the nearby land go up, and that the extra value goes directly to private landowners. In fact, they’ve even write reports on it — a TfL study looked at eight new infrastructure projects (including Crossrail and Crossrail 2) and their effect on nearby house prices. They found... See more

Incentives

• Prioritise system level of risk and benefit sharing — to avoid rent seeking behaviours


• Prioritise generating system level of incentives/benefits (rather than personal/individual)

Permissions are peer reviewed (e.g. permissioning group)

• Permissioning group performs the role of space stewards — responsible for maintaining permission templates, approving bespoke permissions

Permissioning based on precedents (like case law)

• Every space starts with basic template of rules which are iterated thereafter


• Everything is allowed (within legal limits) until something happens to change the rules


• Templates need to be updated regularly (time limited templates)

Power and liability as inextricably linked: If you want to make decisions you need to share liability i.e. skin in the game

• Prioritise proximity to space and physical presence (linked to shared risk and liability)

Compliance and accountability

How can we build new compliance mechanisms that enable agency and autonomy rather than enforcing control?