In this section, we introduce the topics that will be covered in the tutorial and provide a brief overview.
In this tutorial, we will explore the following topics:
- Hyperstructures: An introduction to the concept of hyperstructures and their potential impact on institutions and the public good.
- Public Goods: The significance of public goods and their role in creating positive impact within communities.
- ReFi: An overview of ReFi (Regenerative Finance) and its goal of leveraging crypto and technology for regenerative purposes.
In this section, we delve into the concept of hyperstructures and their potential to revolutionize institutions and support the public good.
Hyperstructures, as defined by Jacob Horn from Zora, are network state institutions that operate as smart contracts. These structures function autonomously, free from intermediaries and external interference. Examples of hyperstructures include projects like Uniswap, which provide decentralized trading interfaces.
Hyperstructures offer an opportunity to reimagine and rebuild institutions that support the public good. In a time when traditional institutions are facing decline, hyperstructures can serve as a new model that fosters decentralization and sustainability.
This section focuses on the importance of public goods and their impact on society. It also introduces the concept of Bitcoin grants and the vision behind it.
Public goods are essential resources and services that benefit society as a whole. They include things like education, healthcare, and environmental preservation. Building and supporting public goods is crucial for creating positive impact and addressing societal challenges.
Bitcoin grants, based on the concept of quadratic funding, aim to support the development of digital public goods. Quadratic funding matches contributions from the crowd to allocate resources to projects based on community preference. It decentralizes decision-making and empowers the community to shape the funding landscape.
Bitcoin Grants 2.0 aims to evolve the concept of grants and create a decentralized platform for funding public goods. By leveraging hyperstructures, the goal is to build a robust ecosystem that supports projects aligned with the public good and amplifies their impact.
In this section, we explore the concept of ReFi (Regenerative Finance) and its vision of utilizing cryptocurrency for regenerative purposes.
ReFi focuses on leveraging the power of cryptocurrency and blockchain technology to foster regenerative practices. It aims to shift the focus from projects driven by short-term gains (ponzinomics) to those that create real-world impact and address systemic risks.
Proof of Impact is an idea that extends beyond carbon credits and introduces a broader framework for measuring and certifying different types of impact. By establishing a credible system for validating impact, ReFi envisions a shift in incentives for decentralized autonomous organizations (DAOs) towards value creation rather than value capture.
DAOs play a significant role in the realization of ReFi’s vision. By enabling self-governance and decentralized decision-making, DAOs offer a framework for creating sustainable and impactful projects. The iterative nature of DAOs allows for continuous improvement and adaptation.
In this tutorial, we explored the concepts of hyperstructures, public goods, and ReFi. Hyperstructures.