Everyone I know is scheming for the future. They’ve got big goals and get up every day and work like mad to try to achieve them. I’ve always found something odd about that: Despite all this effort, people don’t seem to think too much about the specifics of what would happen after their goal is achieved.
But they’re symptomatic of the bigger thing that’s happened since the early 1980s: The economy works better for some people than others. Success isn’t as meritocratic as it used to be and, when success is granted, is rewarded with higher gains than in previous eras.
Soon, Cosign and P2P credential platforms will democratize talent discovery at scale, enabling people all over the world to discover the next Mark Zuckerberg or Sheryl Sandberg (And others in other industries) without having to write a check to prove their talent discovery abilities.
Private token sales with long-term vesting schedules: DAOs can raise cash by entering long-term partnerships with investors such as VCs or angel investors exchanging native tokens for a fixed price for cash following a long-term vesting schedule. Similarly, a DAO could raise cash from its community members following similar deals.
The internet itself has thrived because of native internet protocols that we use everyday, like http, ftp, tcp, and ssh. One of the reasons these protocols have been so successful was that they were widely adopted and not subject to change. If I build a site using http, people can use it without any centralized intermediary - we can trust that it i... See more