Interest misalignment is a core component of society’s systematic inequality. Blockchain networks offer a new incentive structure that can better align interests in which “employees” and “shareholders” are one-in-the-same. This better interest alignment could be a solution to today’s inequality.

In our modern capitalist economy, parties can be broadly categorized…

Decentralization has become synonymous with blockchain, but it is poorly defined at best and misleading at worst. “Distributed,” as used in the original bitcoin white paper, is far more effective in describing the simple underlying economic reality: not all of the transaction processing is done in the same place.1

Blockchains…

The internet enabled companies to create tremendous value, but the monopolization of data has inhibited upstarts from taking part in the next wave of technological disruption, artificial intelligence (machine learning). Blockchain 3.0 offers a solution.

Internet companies dominate their respective industries, largely due to the data advantage they enjoy over…

Media has painted tokens as simply a new form of crowdfunding riddled with fraud, but this masks “utility tokens” potentially far more profound impact on value production relationships.

At a high level, there are only two constituents in the modern capitalist society: laborers who work for wages and capitalists who…

Alex Witt

Finance @ cLabs, shaping Celo

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