If you’ve read Yuval Noah Harari, you know Homo Sapiens’ most unique characteristic is their ability to collaborate at scale, through space and time. This is arguably what lead us to colonize all five continents and bend nature to fit our needs, creating our own anthroposphere.
Or, an attempt at convincing my friends who care about open source software that blockchain and smart contracts are the future of our work.
Want more context? read this first (3 minute read): 20 years
Every tech company under the sun (Californian or otherwise) is betting their future on Artificial Intelligence. Google for example, invests in hardware (Tensor Processing Units), software and even algorithms like AlphaZero. Facebook, Amazon, Microsoft… etc, all of them have publicly claimed this was their future. On the other end, very few of these are investing similarly on public blockchain technology.
In 2017 the Blockchain world bloomed with many token offerings. The general idea behind these is that innovative networks could get some kind of seed money by selling initial tokens to investors. These Utility Tokens are designed to be currencies in these networks and their creators argue that they should be valued using the equation of exchange.