5. Is Technology Something to Love or Fear?
Technology and Society
Influence Each Other
6. What is Integral Technology?
Technologies need to be more
internally and externally coherent.
Internal coherence describes how
their design does not undermine
the intention for their creation.
External coherence describes
how their design does not
undermine the social and political
system that they depend upon
and which holds technologies.
7. The Need of ‘Blockchain for Good’
Is it appropriate for people apparently seeking economic justice and equal
opportunity to use a blockchain in which only heavily invested actors
receive new tokens?
Is it appropriate for those seeking to put a new medium of exchange in
the hands of the masses to use a blockchain whose tokens are mostly
hoarded by speculators?
Is it appropriate for a carbon emissions reduction project to use a
blockchain which emits as much CO2 as a small country?
Most blockchain projects bolt a purpose onto code and governance
systems that were designed without public interests in mind.
8. What is Integral Blockchain?
‘Integral Blockchain’ initiatives aligns its codebase and internal governance
with positive social and environmental outcomes.
These projects strive to be an integral part of a healthy society,
rather than ends-in-themselves.
Holochain Local Pay
Meaningful Services to Humanity
9. The Battle Over the Institutional Ecology
To what extent will resources necessary for information production and
exchange be governed as a commons,
free for all to use and biased in their availability in favor of none?
Substantial Redistribution of Power and Money
Property, together with contract, is the core institutional component of
markets, and a core institutional element of liberal societies.
Commons are another core institutional component of freedom of action
in free societies, but they are structured to enable action that is not based
on exclusive control over the resources necessary for action.
10. Commons-based Peer Production
A new modality of organizing production
based on sharing resources and outputs among widely distributed,
loosely connected individuals who cooperate with each other
without relying on either market signals or managerial commands
Decentralized Collaborative Nonproprietary
Depending on individual action that is self-selected and decentralized,
rather than hierarchically assigned
11. 4 Types of Commons
Limited-access Common Resources
12. Currencies of the Commons
Decentralized Self-Organizing Emergent
Peer-to-Peer Ecologically Integrated
13. Value Systems of Commons
Technical Value (Utility)
Emotional Value (Social Capital)
only be Qualitatively and Subjectively Assessed
Abstract Value (Freedom, Autonomy, Cooperation etc.)
Transcendental Character (Ethical or Moral Principles)
15. From Coin to Commons
Initial Coin Offering
Initial Commons Offering
16. Protocol Cooperativism
BEYOND PLATFORMS : PROTOCOLS
* Protocol : Language, Convention, Standard
Platform company model is not one that takes full advantage of the
potential to have a truly distributed network.
They still have a central platform operator at their core, providing
coordination, quality assurance and, most essentially, trust.
However, it is possible to go beyond platforms to protocols – to commonly
agreed ways of operating.
“Blockchain based Protocol”
20. ICO Funding Size & Number
21. What is Token?
Token : A complicated and feature-rich form of money, and a tool for
- Programmable functions built into tokens : access, voting, action-taking,
fundraising, dividends, notification, participation, liquidity.
Tokenization : Process of turning an asset, right, or digital good
into an interchangeable unit to power an ecosystem
Participation Voting Choosing
22. Tokens-Regulations (Swiss FINMA Guideline)
are synonymous with cryptocurrencies and have no further
functions or links to other development projects. Tokens may in some
cases only develop the necessary functionality and become accepted
as a means of payment over a period of time.
are tokens which are intended to provide digital access to an
application or service.
represent assets such as participations in real physical underlyings,
companies, or earnings streams, or an entitlement to dividends
or interest payments. In terms of their economic function, the
tokens are analogous to equities, bonds or derivatives.
26. Design of Tokenized Ecosystem
from an economic standpoint
Token Engineering for Social Commons
27. Token Economy Design Rule for ICO
Supply and Demand
Provides a significant advantage to users of the tokens
Incentivises users to be early adopters of the token
Incentivises players to bring new users to the ecosystem
Is appealing to token buyers at the ICO in their “speculative” role, as something
that will appreciate if the project gets traction
29. Governance Shift (From Rule of Law to Rule of Code)
rule of office
rule of gaze
rule of code
Bureaucratic Paper-based System Technologically driven Code-based System
(for Anti Monopoly, Decentralized Authority)
30. Code as Law
‘Autonomous’ Code-based Rules
“By relying on blockchain technology,
governments could regulate society more efficiently
by reducing the costs of regulatory compliance and law enforcement, automating laws,
while simultaneously reducing the degree of uncertainty
that is inherent in the legal prose.”
- Primavera De Filippi, <Blockchain and the Law>
31. Cases of Algorithmic Governance
Decentralized Autonomous Organization
Smart Term Sheet, Due Diligence 2.0