The Internet of Jobs is coming on Bankless

-Governerable by communities, creating more aligned incentives.

token emission = f(time, materials, skills, work output, … other signals)

The lesson here is that a lot of the value unlocked by the IoJ will be in fundamentally new, non-skeuomorphic, use cases that deliver value in ways that are both compelling & novel themselves.

The internet of information enabled computers to send information anywhere in the world. This radically changed anything in society that relies on information (entertainment, media, politics, social media). The internet of finance enables computers to send value across a computer network. This could radically change anything in society that relies ... See more

-Efficient because intermediaries have been replaced with smart contracts.

-Transparent, which means no more information asymmetries

Of course it would be foolish to believe that you can boil down all this down to just money. There are many other implications on human welfare, and they will be explored as well. So really, the formula for the IoJ is:

A common misconception is that the IoJ will be like the gig economy. It is true that gig sites like UpWork, Fiver, Uber, and others have been hallmark web2 marketplaces.

-Immutable, which means your assets can’t be seized.