From 550aec6f552b3d83610603f41bf647d7627d3295 Mon Sep 17 00:00:00 2001 From: peth-yursick <55857222+peth-yursick@users.noreply.github.com> Date: Tue, 26 May 2020 13:51:39 +0200 Subject: [PATCH 1/3] Add files via upload --- .../narrative-#2-a-web-of-opportunity.md | 57 +++++++++++++++++++ 1 file changed, 57 insertions(+) create mode 100644 docs/handbook/narrative-#2-a-web-of-opportunity.md diff --git a/docs/handbook/narrative-#2-a-web-of-opportunity.md b/docs/handbook/narrative-#2-a-web-of-opportunity.md new file mode 100644 index 00000000..f9c91cfc --- /dev/null +++ b/docs/handbook/narrative-#2-a-web-of-opportunity.md @@ -0,0 +1,57 @@ +# Narrative #2 - A Web of Opportunity + +## Intro + +If you lived before the internet, you might remember a time when opportunities were location dependent. A time when the US was dubbed the _land of opportunity_, and many were flocking there in search of a better economic situation, one that gave them more opportunities to prosper. + +[![Image result for immigrants boarding queen elizabeth ship](https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Ffac4588b-355f-4c4a-a19a-ec4ea65ee7d1_1421x800.jpeg)](https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Ffac4588b-355f-4c4a-a19a-ec4ea65ee7d1_1421x800.jpeg) + +## **Access to opportunities, historically** + +Up until the 20th century & the introduction of the steam engine, it used to take from 6 up to 14 weeks to cross the Atlantic. By 1907, this was slashed down to 4.5 days, and yet further slashed by the introduction of commercial trans-atlantic flights. + +Instead of days, crossing the Atlantic would now take you less than 10 hours, but the one-way ticket would set you back ~3k$ in today’s money. Since then, most improvement was in terms of prices, but the main issue remained… + +> You know, the whole inconvenience of having to leave your family, or completely disrupt their lives to relocate and build new lives... + +It seems like we had remote work for a long time now, but it wasn’t really a thing just a decade or two ago. While _some_ companies probably _were_ allowing _some_ of their workers to work remotely _some_ days, it was far from the norm. Sites like _LinkedIn, Twitter_ or _UpWork_ were just getting started during the first Internet boom. + +During the first internet boom, you still pretty much had to relocate to the US to be able to: + +- Work for most companies building on the internet +- Invest in companies building on the internet + + +[![](https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F9cfe648b-c5b4-468f-8ec3-579373a9c3f9_488x286.png)](https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F9cfe648b-c5b4-468f-8ec3-579373a9c3f9_488x286.png) + +## So, here’s our thesis: + +> _**The most important thing that the (trust minimizing technology known as the) blockchain (and applications built on top of it) will decentralize, is the access to opportunities.**_ + +This is bigger than the opportunity to work for someone or run a _one-person-shop;_ Web2 platforms already gave us that. This is the opportunity to invest. + +- To invest your time in a project, and earn a stake. +- To invest your money in its token, traded globally. + + +Ethereum gave us a taste of what was possible: + +- If you worked on Ethereum, you earned Ether. +- In the Ethereum crowdsale, it didn’t matter where you’re from. What mattered is that you had the means and the desire to contribute. + + +## Why now? + +There are multiple reasons this wasn’t really being done before. + +Prior to the blockchain, tokenizing a project required tremendous amounts of trust in the project administrator (and their residence country) as it would leave them in full control over all tokens and their minting. Want to use it for voting? Build a system you need to trust. You want your token to be tradeable? Build your own exchange. A lot of work; more importantly, still requires infinite amounts of trust. + +These things are increasingly possible now. Thanks to the DAO frameworks like Aragon, DAOstack or Moloch, you already can manage funds & vote on the direction of fully digital organizations without needing to trust people. Currently they aren’t good for much more than that, but will soon have a full suite of tools allowing anyone anywhere to [easily start & manage organizations with strangers over the internet](https://metagame.substack.com/p/the-way-of-web3-founding-freelancers). How cool is that? + +## Conclusion + +Web3 is the Web of Opportunity. The web of breaking down barriers & allowing people to decentrally coordinate around creation of socioeconomically useful things at a scale we haven’t seen before. A Web in which users aren’t just exploited for their attention, but recognized and rewarded as co-owners of the platforms they use & contribute to. + +[![](https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7efc084d-caac-4968-98d7-3068ce19449b_402x375.png)](https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7efc084d-caac-4968-98d7-3068ce19449b_402x375.png) + +At MetaFam, we’re working hard to make this future a reality as soon as possible. We don’t care where you’re from or what school you went to. What matters is that you’re aligned with our purpose and willing to help. For that, you’ll be able to become one of the founders & earn yourself a piece of the pie. \ No newline at end of file From f09216c4484a0d2f5d115a0ac362856487dcce43 Mon Sep 17 00:00:00 2001 From: burrrata <42473928+burrrata@users.noreply.github.com> Date: Fri, 5 Jun 2020 14:35:56 -0400 Subject: [PATCH 2/3] Update narrative-#2-a-web-of-opportunity.md fixed markdown type with # --- docs/handbook/narrative-#2-a-web-of-opportunity.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/docs/handbook/narrative-#2-a-web-of-opportunity.md b/docs/handbook/narrative-#2-a-web-of-opportunity.md index f9c91cfc..ce1bdfc8 100644 --- a/docs/handbook/narrative-#2-a-web-of-opportunity.md +++ b/docs/handbook/narrative-#2-a-web-of-opportunity.md @@ -1,4 +1,4 @@ -# Narrative #2 - A Web of Opportunity +# Narrative 2 - A Web of Opportunity ## Intro @@ -54,4 +54,4 @@ Web3 is the Web of Opportunity. The web of breaking down barriers & allowing peo [![](https://cdn.substack.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7efc084d-caac-4968-98d7-3068ce19449b_402x375.png)](https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7efc084d-caac-4968-98d7-3068ce19449b_402x375.png) -At MetaFam, we’re working hard to make this future a reality as soon as possible. We don’t care where you’re from or what school you went to. What matters is that you’re aligned with our purpose and willing to help. For that, you’ll be able to become one of the founders & earn yourself a piece of the pie. \ No newline at end of file +At MetaFam, we’re working hard to make this future a reality as soon as possible. We don’t care where you’re from or what school you went to. What matters is that you’re aligned with our purpose and willing to help. For that, you’ll be able to become one of the founders & earn yourself a piece of the pie. From 8cd1c2cbd2e22ffa7ceb7cc8bfd28e071eb7b90a Mon Sep 17 00:00:00 2001 From: burrrata <42473928+burrrata@users.noreply.github.com> Date: Fri, 5 Jun 2020 14:38:25 -0400 Subject: [PATCH 3/3] Rename narrative-#2-a-web-of-opportunity.md to narrative-2-a-web-of-opportunity.md removed # from file name --- ...-web-of-opportunity.md => narrative-2-a-web-of-opportunity.md} | 0 1 file changed, 0 insertions(+), 0 deletions(-) rename docs/handbook/{narrative-#2-a-web-of-opportunity.md => narrative-2-a-web-of-opportunity.md} (100%) diff --git a/docs/handbook/narrative-#2-a-web-of-opportunity.md b/docs/handbook/narrative-2-a-web-of-opportunity.md similarity index 100% rename from docs/handbook/narrative-#2-a-web-of-opportunity.md rename to docs/handbook/narrative-2-a-web-of-opportunity.md