What's wrong with the Token Economy and How to Fix It

Written by Distributed Governance | Published 2020/01/17
Tech Story Tags: blockchain | vitalik-buterin | dao | dac | collaboration | complexity | cryptoeconomics | tokenomics-top-story

TLDR Two years ago, the blockchain fever has changed to “blockchain fatigue” as a report from Gartner[1], with the example that pilots have fizzled out, few implementations have gone into production. In the applications built on the permissioned blockchain by large enterprises (IBM, Facebook, JP Morgan, and etc.), the so-called blockchain technology has shrunk only to an IT tool, just like an eagle being cut off their wings, but this is not the true meaning and mission for blockchain. The answer is the Distributed Autonomous Company, DAC, built on blockchain technology and token economics model.via the TL;DR App

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Written by Distributed Governance | Studying DAC/DAO and Collaboration Governance
Published by HackerNoon on 2020/01/17