Creating the first economic space
In 2012, a collective of radical economists, activists, geeks, artists, and beyond gathereid in Finland to create a new economic space — the world’s first activist hedge fund, Robin Hood Coop “minor assets management”. The cooperatively-run fund united the “minor assets” of over 900 members from 50 countries. In its first year, the half-a-million dollars fund with its financial trading algorithm “parasite” became the world’s third best performing fund in the US stock market.
Creating more economic spaces on decentralized technology
This is a radical moment: We are moving from the Euclidean economic space – a given, flat, rigid, non-changeable, zero-curvatured, linear economic space of equilibriums, scarce resources, neoclassical economics and game theoretical utility maximizing – into a Non-Euclidean economic space which is n-dimensional, topological, non-linear, synthetic, curving and moldable. It is a space [emphasis added] where the laws of the old economy don’t hold and where you can start to do new things.
Think about it for a moment. We are about to start producing economic space itself. We are about to transform and terraform social, economic and financial structures of previous centuries.
To kickstart things forward we have invited some good friends to work over a long weekend. Imagine some of the best software architects developing distributed computing and smart contract platforms, thinkers of finance who can work its ideological and organizational potentiality, legal hackers, political activists and social experimenters capable to engage in such design, artists who are imagining new economic worlds — all working together on concrete designs and architectures of new economic and social forms.
Decentralized Applications. Decentralized Autonomous Organizations (DAOs). Smart Contracts. Initial Coin Offering (ICO). Design your own.
DAO Create-a-thon Gameshop Day 0
Xrysalis: “Beyond Blockchain” Open-Source, Distributed Technology
6pm-9pm Xrysalis Whitepaper Draft release (technical)
1pm – 5pm Public Forum: Hack the Economy!
1pm-2pm: ECSA OAKLAND LAB
2pm-2:30pm ORGANIZATIONAL POTENTIAL OF FINANCE
2:30-3:00pm HACKER ETHIC
3:00-3:30pm HOW CAN DISTRIBUTED TECHNOLOGY HELP?
3:30-4:00pm PROCESS OF COCREATION
4:00 – 4:30pm Xrysalis: BEYOND BLOCKCHAINS
4:30 – 5:00pm ECSA ICO plan
6:00pm til late: Dinner, Networking, Conversations
Create-a-thon Gameshop Part 2: Terraforming Economic Spaces of Abundance
More on economic spaces: In the heart of economic spaces are the immaterial and material systems of attractors that give shape to how people create and interact together. These vibratory organizations are the next generation P2P financial tools which we are now designing and building. They enable us to:
- easily create, launch and capture value on the economic spaces we create;
- to make liquid, both socially and financially, what we want to do
- to risk and speculate together, to open joint opportunities, to share stakes and ownerships, to bootstrap things into existence out of nothing.
Together. Without middlemen.