Token Economies Evolution

2018-06-22T20:18:07+00:00

Token Economies Evolution Economies are large-scale systems for the production and exchange of value within society. One of the key functions of economies and economics is to figure out what might happen in the future and enable economic development by coordinating the efficient allocation of resources within that system. An economic system has to aggregate [...]

Token Economies Evolution 2018-06-22T20:18:07+00:00

The Plug-N-Play Enterprise

2018-06-22T20:18:24+00:00

The Plug-N-Play Enterprise A central concern of economics is the question of how do people work together within some form of enterprise and then redistribute the value created by that collective effort, in a way that is optimal for the entire organization. An enterprise is a structured project or organization designed to achieve valued ends. [...]

The Plug-N-Play Enterprise 2018-06-22T20:18:24+00:00

Blockchain Trust & Transparency

2018-06-22T20:18:35+00:00

Blockchain Trust & Transparency In a Facebook survey done in 2016 asking millennials if they trust banks, 92% of them said they do not trust banks.1 In contrast to this, the blockchain is creating a new form of native digital trust that is significantly absent in existing institutions today. This loss of trust in centralized [...]

Blockchain Trust & Transparency 2018-06-22T20:18:35+00:00

Smart Contract Automated Networks

2018-06-22T20:18:45+00:00

Smart Contracts Automated Networks The term used to describe the new forms of organization created by blockchain networks is "decentralized autonomous organizations" but one could just as well term them "decentralized automated organizations" as the automation of basic organizational procedures will be a central aspect of this new form of economic organization. Blockchain protocols build [...]

Smart Contract Automated Networks 2018-06-22T20:18:45+00:00

Token Service Networks

2018-06-22T20:18:54+00:00

Token Service Networks In just the past few decades our world has been radically changed by the development of almost invisible layers of information networks that now wrap around the planet connecting ever more people into common exchanges. Telecommunications has connected us, online platforms have provided the coordination mechanisms for organizing more and more spheres [...]

Token Service Networks 2018-06-22T20:18:54+00:00

Token Market System

2018-06-22T20:19:04+00:00

Token Market System Markets can be seen as decentralized systems for aggregating information and allocating resources according to the price signaling system Openness is one of the key design features of blockchain networks, they are inherently designed to enable intra-organizational collaboration. As soon as you start to use a blockchain to support a [...]

Token Market System 2018-06-22T20:19:04+00:00

User Generated Ecosystems

2018-06-22T20:19:14+00:00

User Generated Ecosystems The central aim in the development of an enterprise or economy is linking the individual's interests with the whole organization in order to achieve optimal overall outcomes. In very small communities it may not be very difficult to maintain that connection. In small communities, people can see that their efforts contribute directly [...]

User Generated Ecosystems 2018-06-22T20:19:14+00:00

Mechanism Design

2018-06-22T20:19:23+00:00

Mechanism Design Token economics represents the merging of economics and information technology, it shifts economics into a more technical realm. In the past, we could really just tweak around the edges, but now we can really design economies like we never could before. Once we shift business and economic organization into this more formal and [...]

Mechanism Design 2018-06-22T20:19:23+00:00

Token Incentive Systems

2018-06-22T20:19:34+00:00

Token Incentive Systems Incentives are a central part of economics and blockchain networks give us new ways to design and build incentive systems. As Mike Goldin, a lead engineer at ConsenSys noted "Blockchain gives us programmable money. When you can program money, you can program incentives, and when you can program incentives you can program [...]

Token Incentive Systems 2018-06-22T20:19:34+00:00

Decentralized Organization

2018-06-22T20:20:00+00:00

Decentralized Token Organization Token economies can be understood as a new way of coordinating human activity in a decentralized fashion, this being done through peer-exchanges within market networks. As Primavera De Filippi of Harvard puts it1 "Today the blockchain is marking the beginning of a new digital revolution whose focus is not just human communication [...]

Decentralized Organization 2018-06-22T20:20:00+00:00