ORI
Where We’re Going

Decentralization, Privacy, and Property Rights Through the Blockchain

Description

The “third wave” of the sharing economy seems to be underway thanks to the advent of the blockchain, which enables asset sharing and verification with limited intermediary involvement. While the salvific potential some ascribe to the blockchain is exaggerated, we do believe it will reshape many institutional structures, redemptively or otherwise. However, if the promises of the internet (and now Web3) are ever to be realized, privacy and trust must be addressed in more profound ways, by building truly decentralized models instead of simply Web2 companies masked in Web3 nomenclature. Opportunities abound to create broad models of collaboration, membership groups, and portable identity, not to mention using the public ledger to verify property rights.

We’re interested in ventures like these where new economic software can exchange or pool talent, capital, assets, ownership, and voting rights to offer new forms of freedom and opportunity to often exploited groups—including artists and gig workers as well as those exposed to currency and power risks of authoritarian regimes.

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Praxis Ventures

Ventures within the Praxis community working on this ORI.

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PoolTogether

is a decentralized and open-source blockchain-based prize savings account. All depositors have a chance to win prizes without needing to risk their deposited funds, as prizes are made up of the interest that accrues on all deposited funds (Leighton Cusack, Venture Studio 2019, Business 2021).

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Hypernet Labs

is a cyberinfrastructure company revolutionizing computer fabric, digital native payments, and identities to create increased access to Web3 to both new and experienced users (Ivan Ravlich, Business 2019).

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