"Governments, corporations, and non-profit organizations just can’t seem to crack society’s biggest challenges.

"It’s true that these entities have done much good in the world, but they also have serious structural flaws. Governments can be unresponsive and vulnerable to special interests. Nonprofits struggle to make meaningful impact because their philanthropic backing is often unreliable and hard to scale. Corporations are great at innovation, but increasingly captured by a financial system that treats them as wealth-extracting machines.

"Simply managing these institutions better won’t cut it. To sustain large-scale innovations for the public good, we’re going to have to change the way we organize ourselves. And for that, we need new types of organizations."

Reimagining Value on the Blockchain

"Building these new organizations requires rethinking some basic assumptions about organizational purpose and economic value. The good news is, we’re in the early days of a technology revolution that will help us do just that.

"The blockchain represents a third wave of the Internet— an 'Internet of Value.' This new technology decentralizes computing so that it’s hard for intermediaries like Google, Amazon, and JP Morgan Chase to act as gatekeepers for economic transactions. The resulting freedom won’t just level playing fields. It creates space to redefine the very notion of what we consider valuable in the first place. Blockchains give us the power to move transactions to new economic networks that organize themselves around something other than just maximizing returns for shareholders." - Gideonro

ARTICLE: Token Engineering is the Future of Organizational Design