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Introduction of icpdao community
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Closed 777Rob closed 2 years ago

777Rob commented 3 years ago

White Papers Version 0.3 By George Ant July 2021

1 ) Who 👥 Time is the most valuable resource in this era of rapid development. It may be worth reading this white paper if you are among the following:

a) you are an entrepreneur: Full of dreams and passion Lack of funds, relationships, or talent b)you are ordinary people:

The desire for time, interest, and even financial freedom can't find a dignified path to work.

c, you are an investor:

Have vision and confidence Lack of fair platforms and opportunities

Two ways to read:

Con 🔍: Thinking carefully and doubting every point of view (repeatedly and repeatedly, you can read the references in total), exploring the inherent logic between points of view. It's not true or not, but you can discover more different perspectives and practices from traditional cognition; Browse 📖: Look in bold; it's a seed in your heart!

This paper is not an academic paper, and all theories stated to create a self-contextual and practical system.

2) What 🤔

⦁、Reality and perspective:

R. H. COASE's "Nature of Business" argues that companies are more efficient than market mechanisms in coordinating production due to imperfect and irrational information. If information is transparent enough, companies will not be necessary, and market forces can provide the instruments needed to stimulate and coordinate. More than 20 years ago, James Dale Davidson and Lord William Rees-Mogg predicted Bitcoin (Ref) in Sovereign Individuals 10 years ahead of time, according to which the emergence of Crypto has allowed individuals to protect their property more than ever before. Some say: If you don't meet the light and perhaps endure the darkness, it may be necessary to enter the era of sovereign individuals. The constant increase in playtime is already an indisputable fact, and this trend is irreversible. Then it will lead to an acceleration of wealth. Shift to the "Void World", and Metaverse 🎮 is bound to be a huge use case for the future currency. Babel is a star open-source project created in 2013, with 957 contributions from 480+ million people, downloaded more than 117 million times a month, and 39,000 stars in GitHub. It is not possible to pay 330,000 per year for the core staff (Ref). An open-source production that supports more than 90% of the Internet today, its core contributors do not feed themselves. To survive, some projects even begin to move toward reactionary, towards closed-source. Advanced production methods are already facing severe obstacles and challenges. The paradigm transformation brought about by blockchain technology has made great strides in the financial sector, as was called for in early 2019 (Ref). The DEX, represented by Uniswap in 2020, has pushed the infrastructure of blockchain finance to a practical stage, truly free listing transactions. Then it is time to give birth to a whole new organizational model.

⦁、Methodical 📝

Perhaps not in-depth or complex, there is always a kind of circular argument confusion when understanding traditional management and sociology. Until one day when K.K.'s "runaway," everything seemed clear, and the coveted organization might be like the ant colony 🐜 described by E.O.Wilson in Ant Society, with no central control, no coordination, no need to find a relationship, no approval, no complicated meter Conspiracy, each individual according to simple rules to decide their behavior. So, we firmly believe that the vitality of complex systems (organizations) originates from simple rules and bottom-up evolution. Straightforward rules make the space for emerging, the bottom-up growth, so that everyone gets respect, inspires each other, iterate, and spiral rise. Eventually, it can appear Amazing results: complex and scientific antes, efficient foraging paths. "It is not our current knowledge that reveals the best solution to us, but discoveries emerging through free attempts," Hayek said. So we don't childishly think that mathematical algorithms can simulate and predict the results of emerging effects but use the time to practice and explore.

3、How ⦁、Stories 📔

About six years ago, a retired entrepreneur accustomed to challenging monopoly giants with new technologies and models felt the medical disadvantages when a series of problems appeared after years of intense work. A.I. technology was on the eve of the outbreak, so the old practice was breaking apart. So he set a "three no" principle: not to recruit an employee, do not workplace, does not rely on resources. Of course, he knows: this is difficult, non-fundamental innovation can not do, but also knows himself: not brainwashed, lazy to manage people, and his emotional intelligence is not High; will not fudge, no great atmosphere, not willing to seek people.

From outsourcing to crowdsourcing, from crowdsourcing to confusion, from confusing to exploration, jobs ranging from development, product, operations, and more. The original version of ICP decided to waive all audit rights and allow each contributor to self-pricing. Every month the results page opens like waiting for the trial's outcome, both because it is real money and because you can't do it (force); everything can only be done according to the rules. Along the way: is sleepless night's diligent, ununderstood lonely examination is the exhaustion of self-doubt.

Today, ICP has been operating steadily in the Xiaobai community for almost three years (all history can be seen here), spending nearly a million dollars, and the product was launched in 2019. Utilization of capital from an investor's perspective

, then the number of rewards for that contributor is:

The ICP participation process is as follows:

A little view 🧐

Like most of the explorers of organizational innovation, they have been very dazzling at the beginning of crowdsourcing, especially in logo design, poster production, dubbing, and other simple tasks, so habitual reasoning: the software development is split and refined after the package, that is certainly great. In later practice, however, it was found that this was not the case at all.

As Party A, in the crowdsourcing practice of the past few years, the biggest problem encountered is not finding people, not progress management, but not talking about the need. On the one hand, clarity is difficult or costly; on the other hand, it is harder to hear, and the workload to understand the need sometimes exceeds the time it takes to develop so that it is fair to send out need-understanding packages. For some time, the biggest obstacle to crowdsourcing development is that the level of Party A is too low, not the group of service personnel. It can be said that the talent found through the crowdsourcing platform is far more technical and working than expected, especially in the early days. I also met a group of masters, and without pushing, there was someone in Coding at the beginning of the year.

Dean Yang, co-founder of crowdsourcing platform www.codemart.com, in "Is software crowdsourcing a false proposition?" In the article, "Efficiency gains are not brought about by division of labor, but the division of labor can go to exchange, and then through exchange, to improve the social allocation and resource sharing; software engineering is difficult to exchange based on division of labor." So no exchange division of labor does not improve

Efficiency, which may even reduce efficiency. Crowdsourcing is problematic in complex tasks such as software development, especially in areas of solid relevance, because of the inability to transfer and precipitate knowledge as full-time employees do.

So, can there be away, there is a market mechanism like crowdsourcing where everyone works for themselves, can participate freely, get rid of brainwashing and management; but also have stable and sustainable income, long-term participation, knowledge precipitation, and can efficiently respond to complex tasks of an organization model. So with the previous exploration, the essence of E.I. voting is to introduce the market game mechanism into the organization, characterized by free participation, self-contracting, autonomous pricing, and game convergence.

Further boldly speculation: When all the underlying rules are clear, and the costs of creating, joining, and leaving organizations are very low, the future is no longer organized, only the aggregation around dreams is discrete, and the will of each individual will be respected as never before.

⦁、Value discovery (start exploring) 🔍 As mentioned above, open-source is an advanced method of production and has proven to have great value (including commercial value), but so far, there is no effective mechanism to discover it. The traditional business model believes that cash flow is the blood of a company, income is the basis of value, and open source You can neither sell software, nor for marketing services, only "casually take, don't thank you", and donate as the most Match's approach has also proved: "power generation with love" is ultimately not a long-term solution.

Daostack believes in its Whitepaper that knowledge and information, because of its infinite use, makes it an anti-competitive resource, and only the more it can be used, the better. Today, when digital accelerates, traditional competition-based incentives and intellectual property (I.P.) have become increasingly unreasonable and less practical, and even people argue that revenue is holding back the value of knowledge. Gitcoin Public goods present a new vision for "public goods".

In the digital economy of "Public goods", no income will become the norm, so abandoning the old view of Cashflow and exploring new value discovery mechanisms can be a way out.

In previous practice, as a funder was also profoundly aware that there could be no real DAO with a funder, there would be no accurate decentralized decisions. So whether capital can be allowed from the outset to exercise its rights through free trade and trade, return to its pursuit of interests, after all, value discovery has always been a by-product of the game of profit from capital.

On the other hand, in today's blockchain, it seems that no one has ever asked you if you have income, and a growing number of projects like YFI are even clear: no investors, issued tokens have no financial rights, only governance. But this does not prevent its token from performing well in the market, finding its value through the price game of capital, thereby surviving and developing.

With the blockchain infrastructure represented by Uniswap v3, Token can finally be freely issued, freely listed and automatically made available to the market. The primary conditions for listing and re-establishment are already in place, and it will be a step forward for us.

a、Issuing Token 🔗

In 2008 Satoshi Nakamoto wrote nine pages of Whitepaper, released software in 2009, and retreated in 2010. However, it is such a dream called BTC. In the next ten years, no founder, no central management, entirely relying on its vitality, will have no real meaning, nor any anchor figures, into a digital currency worth nearly $1 trillion. Some people say that history chose BTC,Maybe today there are more advanced blockchain technology,, But perhaps the bottom of the most straightforward those rules are the true vitality,Is worth learning,Token issued like BTC is vitality: Contribution is Mining: Only by Contribution

georgeliuyu commented 3 years ago

It is not recommended to give the results of the translation directly, we prefer to know your level of understanding of the whitepaper @777Rob