decentralized autonomous society

19
The rev o lution begins @ the L ve Nest

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The rev o lution begins @ the L ❤ ve Nest

Philosophy

Community & Decentralization

Anthony D’Onofrio Global Director of Community Engagement

!@iamtexture

Why Decentralization?

Decentralization of Power !• Increase individual autonomy / freedom • Reduce systemic abuses

• Cryptocurrency to the rescue!

Why Decentralization?

Cryptocurrencies Fail at Decentralization of Power!• Present a solution to centralized currencies • Still allow for the centralization of economic capital

and intellectual capital • Nothing inherent to cryptocurrency universally solves

the problem of centralized power • These systems present only possibilities

It’s Up to Us

• Technologies are merely tools. !• They are value-neutral, and guarantee nothing.

!• We get the future that we build and nurture.

What world do we want to live in? What do we value?

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The Value of Community

A healthy, productive community provides an infrastructure which supports the creation of social capital and bonds, and

qualitative development.

• Economic Support • Social Support • Community Space • Inspiration

How is Community Created?

• Historically emerged organically from proximity and need. • Must be constructed bottom-up and must grow organically • The strength of the social bonds and amount of social

capital dictates the health of the community. • Feeling of participation and ownership is key. • The community must build itself through a sense of

common purpose, belief, and responsibility. • It takes the conscious commitment of individuals to build a

community. • You are the builder of your community.

Ownership & Funding Models

Centralization of Ownership:!!• Centralization of Reward • Centralization of Risk • Disproportionate weight on entrepreneurs • Disproportionate power to institutional investors • 80% of businesses started fail within the first 18 months. • This rate of failure is destructive to the individual • This rate of failure is expected and calculated for by

institutional investors.

Crucial Pieces

Technology!• Social Operating System - Ethereum • Decentralized funding & ownership models. - Swarm • Community Credit, Reputation Systems, & Ethos - DECENT • Community Tokens / Currency • DAOs + Embedded Socioeconomic & Political Structures

A Call to Arms

• We get the future that we Imagine. !

• We get the future that we Create. !• We get the future that we Build. Together. !• We have the technology. !