Posts tagged Economic Space Agency
Value production is inherently networked. Therefore, in order to thrive, it needs an architecture as granular, scalable, and flexible as possible in order to accommodate the kinds of diverse applications and interactions that will, in turn, support its self-organization. Here at the Economic Space Agency, we want to build an ecosystem in which everyone can launch and participate in crowdsales, and exchange tokens without breaking the network. For these reasons we are building GRAVITY: a new common infrastructure for the crypto-economy. As mentioned in our previous post, GRAVITY is an open source, general purpose computing fabric based on an object-capability paradigm. The logical decentralization that this affords introduces important innovations in terms of scalability and speed, and also the possibility to host on-chain solutions for multi-blockchain integration.
The next step takes the logic further: not only stealing from the rich and giving to the poor (like Robin Hood did), but exploring, building new ecologies, new ecosystems, new universes, new possibilities, new worlds of value. For this purpose the Robin Hood hydra grew a new head: a start-up company Economic Space Agency, Inc. (ECSA). Economic Space Agency builds tools with which we can create economic space — not only to distribute something existing or produced in a pre-existing space, but to reorganize/rebuild the space itself. Two trends are converging and making open source economy possible: the moldability and plasticity of financial technologies and the decentralization and disintermediation provided by distributed ledgers. ECSA’s DNA contains all these things: hard core research (the team has published over 25 books), direct engagement with the power of art to create unforeseen (economical, social, political, financial, incorporeal) processes, financial first-in-the-world inventions (such as a hedge fund as a coop, and asset-backed cryptoequity), experimental hands-on attitude and an intimate lived experience of how the financial and the social co-determine each other.