Collaboration, contracts, and the tyranny of platforms
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Collaboration, contracts, and the tyranny of platforms
Resolve principal-agent dilemma of organizations: Distributed ledgers also provide a global coordination tool for new types of decentralized and sometimes also autonomous organizations (read more: Part 2 - Institutional Economics & Governance of DAOs).
Shermin Voshmgir • Token Economy
Crypto technologies help share ownership with stakeholders: - Web3 communities can bring more value back to their creators when producing wearables- Forkable concepts and tools can be validated and iterated on by community creators.- Computer-aided designs can be registered on-chain as vectors and then used to produce anything from printed goods to... See more
Vishnu G. Kumar • Hibiscus DAO Whitepaper
of 2016, the best known of these was probably Ethereum, which described itself as “a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.”
Andrew McAfee, Erik Brynjolfsson • Machine, Platform, Crowd: Harnessing Our Digital Future
Decentralized protocols would make very interesting base layers and I’m particularly excited about web3 in the context of identity. Does crypto solve the problem of suboptimal defaults? Well, that’s a different question and I’m honestly not sure. Just because you have decentralized base layers doesn’t mean you won’t see centralization, aggregation ... See more