If crypto was a videogame, DAOs are the final boss. Cryptocurrencies, NFTs and DeFi are reinventing money and finance, and DAOs will build on these primitives to create powerful new digital organizations.
Modern day crowdfunding can be traced back to 1997, when a British rock band first used the internet to finance a music tour across North America. This model was popularized in the 2000s with platforms like Kickstarter and Indiegogo, which took crowdfunding mainstream.
What is sound money, and how is it related to Bitcoin? Why do our currencies lose value over time? Can we automate politics out of monetary policy making, but retain a structure for coordination and governance?
e live in a time of polarizing politics, and are entering an era of deep fakes where it will become even more difficult to discern truth from doctored campaign positions.
A history of humanity shows that different commodities have functioned as money for different periods of time. From the age of barter to the gold standard to modern day government regulated fiat currencies, humans have used different monetary assets to preserve and exchange value.
As we spend more and more of our lives online, our virtual worlds won’t always be constrained by our offline borders. Much like the current web allows us to exchange information with each other, a blockchain enabled Web will enable a peer to peer exchange of value.