It's Just Technology
TOKEN PREDICTION MARKETS
Prediction markets are speculative markets, very similar to futures markets, which have been designed so that the prices can be interpreted as probabilities for events occurring and used to make predictions.
Put very simply, prediction markets enable … Read the rest
INITIAL COIN OFFERING
ICO, Initial Coin Offerings or first token sale, has become a new way to bootstrap a community, through pre-selling tokens that give users access to the futures services that the network will deliver. In an ICO, a … Read the rest
TOKEN ECONOMIC DEVELOPMENT
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 … Read the rest
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 … Read the rest
TRUST AND TRANSPARENCY
In a Facebook survey done in 2016 asking millennials if they trust banks, 92% of them said they do not trust banks.
In contrast to this, the blockchain is creating a new form of native digital trust … Read the rest
AUTOMATED NETWORKS AND SMART CONTRACTS
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 … Read the rest
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 … Read the rest
TOKEN MARKET 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 closed organization, you start to find … Read the rest
USER GENERATED ECOSYSTEMS
As we have previously talked about 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 … Read the rest
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 … Read the rest