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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