Making Sense of Crypto & Web3
Interest in Web3, initially defined as a “decentralized online ecosystem based on blockchain” and encompassing technologies such as cryptocurrencies, non-fungible tokens (NFTs) and decentralised autonomous organisations (DAOs), is growing massively.
Life Itself has noticed a huge degree of excitement, in parts of our own emerging ecosystem and well beyond it, around the purported revolutionary potential of Web3. On the contrary, many others remain highly skeptical.
The large amounts of information, noise and often fierce divergences of opinion circulating within the Web3 conversation mean it is hard to establish a firm fact of the matter around what potential might exist, in what areas, and what concretely needs to be done in order to help it be realised.
This initiative sees Life Itself bring our own expertise, particularly in the realm of social and cognitive sciences, to bear on both the systemic dimensions of Web3 interventions (governance, public goods funding and so on) and the underlying sensemaking of the field as a whole.
We have begun our work by planning a research agenda for our inquiry, shown in the diagram below:
Exploring the Neo-metallist thesis for Bitcoin with Stephen Diehl – 16 Feb 2022
Critical Exploration with Rich Bartlett and Stephen Reid
We’ll update this page with more content as our enquiry continues, so stay posted!