Making companies first class citizens of the internet economy
INCs - a canonAn Internet Native Company (INC) is a for-profit organisation that is created, operated and governed onchain.In this canon, we proposed an updated version of the joint stock company with INCs, explained why they matter and how they differ from DAOs. We also discussed how they should be governed and operated as well as the universal labour and capital markets INCs will foster. INCs will become first class citizens of the internet economy. I’ve been thinking about how to bring INC...
Making companies first class citizens of the internet economy
INCs - a canonAn Internet Native Company (INC) is a for-profit organisation that is created, operated and governed onchain.In this canon, we proposed an updated version of the joint stock company with INCs, explained why they matter and how they differ from DAOs. We also discussed how they should be governed and operated as well as the universal labour and capital markets INCs will foster. INCs will become first class citizens of the internet economy. I’ve been thinking about how to bring INC...
Universal Labour Market
Labour laws haven’t evolved to reflect the way we work — they were originally written for manual and tedious work during the Industrial Revolution. Now that majority of work is digital, location doesn’t matter much beyond time zones — these laws are archaic. Changing them is both complex and paramount for a prosperous and equal world. Companies should have the ability to simply hire talent worldwide. The location of talent and the country of incorporation of a company should not hinder access...
Universal Labour Market
Labour laws haven’t evolved to reflect the way we work — they were originally written for manual and tedious work during the Industrial Revolution. Now that majority of work is digital, location doesn’t matter much beyond time zones — these laws are archaic. Changing them is both complex and paramount for a prosperous and equal world. Companies should have the ability to simply hire talent worldwide. The location of talent and the country of incorporation of a company should not hinder access...
Operating an INC
In this article, we’ll cover why blockchains are superior financial rails than the tradition banking system before jumping into how to operate an business onchain.Part I — Running a business onchain will become the normBlockchains are a superior rails & Ethereum will become the back office of companies.Status quoTo run a business, one must take on bureaucratic tasks to be compliant: taxes, accounting, invoicing, payroll, expenses etc. None of these tasks are core to its mission - they won’t m...
Operating an INC
In this article, we’ll cover why blockchains are superior financial rails than the tradition banking system before jumping into how to operate an business onchain.Part I — Running a business onchain will become the normBlockchains are a superior rails & Ethereum will become the back office of companies.Status quoTo run a business, one must take on bureaucratic tasks to be compliant: taxes, accounting, invoicing, payroll, expenses etc. None of these tasks are core to its mission - they won’t m...
Universal Capital Market
We briefly discussed universal capital markets prior but decided it warranted a longer post. Blockchains are first and foremost a financial technology — cryptographically verifiable consensus enables the creation of universal capital markets.Capital markets are inefficientLet’s zoom out and look at existing capital markets — equities, bonds and credit are the backbone of the economy. Yet capital markets are inefficient — national monetary policy and legislation prevents capital from flowing s...
Universal Capital Market
We briefly discussed universal capital markets prior but decided it warranted a longer post. Blockchains are first and foremost a financial technology — cryptographically verifiable consensus enables the creation of universal capital markets.Capital markets are inefficientLet’s zoom out and look at existing capital markets — equities, bonds and credit are the backbone of the economy. Yet capital markets are inefficient — national monetary policy and legislation prevents capital from flowing s...
Collaboration at scale
As humanity passed the 8 billion mark last week, I got thinking about the role of collaboration in solving some of our most pressing problems. This is an area of research I’ve been interested in for a while: in college I published a paper trying to answer the question “Can crowdsourcing help us solve wicked problems ?” A few years later, I revisited this question with new lenses: web3 provides us with a new set of tools to tackle civilisation’s most urgent problems.Collaboration & wicked prob...
Collaboration at scale
As humanity passed the 8 billion mark last week, I got thinking about the role of collaboration in solving some of our most pressing problems. This is an area of research I’ve been interested in for a while: in college I published a paper trying to answer the question “Can crowdsourcing help us solve wicked problems ?” A few years later, I revisited this question with new lenses: web3 provides us with a new set of tools to tackle civilisation’s most urgent problems.Collaboration & wicked prob...
