We can look forward to a new book of Bernard Lieater – click here for more information. In his book – The Future of Money (2001) – he explained the opportunity to complement our current money system and warned us for data privacy loss. Features as 3Bot in a shared digital infrastucture as Threefold Grid will serve to make personal data personal again and for organizing our next level of prosperity.
‘We are all economists now’ is the title of the last chapter of the book of Kate Raworth – ‘Dougnut Economics’ – ‘Seven Ways to Think Like a 21st-Century Economist’. The seven ways to rethink economy are pictured below and explained in the book.
Thinking as a 21st-century-economist makes sense, it is hopeful and it don’t need to get locked in the current money system. Threefold is here to support us.
The infrastructure of Threefold isn’t locked in the mono-culture of today’s money by itself. And technology is opening up to get FIAT money, Threefold Token and other money systems complemented. More resilience is coming our way. The path for 21st-century-economists get grounded.
The technology stack within the Threefold eco-system and its governance model is getting ready to underpin the Weconomics Digital Infrastructure design. Co:Inpetto will support to connect design by design. The public use of Threefold Grid is planned for Q4 2019.
Follow the roots of the succes of the London Metro System and you will meet the roots of the advertising business. Investments in the core infrastructure were made by private companies. The fact that the services won’t get sold, was the risk that is taken. Return on risk capital got some help of the invisible hand of advertising.
In a previous post the template for rolling out TFF grid is shared. Software developers will pay Threefold Tokens to use the grid. The first projects running on the grid are getting build with the help of Threefold Tech. Threefold Coops will emerge to meet demand for compute and storage capicity.
The value of the core infrastructure of Threefold grid will not depend on seducing consumers. It is about teaming up with co-designers. Designers will lead. Designers who see their entrepreneurial opportunity to create better prosperity.
The innovation space is evolving, we love to share value propositions to support designers. Do you want to learn ? Weconomics Foundations offers Certified Program Digital Leadership & Blockchain. Do you want to make a wise investment ? Threefold Tech offers a good opportunity. Contact me if you want more information (+32 472 29 15 34 – email@example.com)
Threefold Farmers organize themselves in Threefold Coops. A Threefold Coop will engage Threefold farmers. Each farmer brings money in to buy certified hardware (= hardware with operating system Zero-Os and connect to Zero-Robots and Zero-Chain). The hardware gets connected to electricity and the internet bij the Threefold Coop.
The Threefold Coops produce compute and storage capacity and software developers can start to buy compute and storage capacity with Threefold Tokens. Threefold Foundation, Threefold Coops and Farmers will get a portion of the total income.
Threefold tokens will be minted when new capacity is added to the grid by farmers, threefold tokens have an underluying value of compute and storage capacity.
With the mechanism that is described above the digital infrastructure of the future will be owned by many, income will get distributed and the purpose of Threefold Foundation get achieved – decentralized and neutral internet for all.
As income, say and ownership of core infrastructures in society gets reshuffled, society will get reshuffeld as well. Set your sails ready.
P.S.: Contact me if you do have any questions about the funding mechanisms in the Threefold Ecosystem and get prepared.
The Metropolitan Railway (Met) got in 1854 the permission to build the first line of the Underground what later became the London Metro System (full hitory of The London Underground is here).
What template did the MET use to set up the company ?
1. What is the income stream for the service ?
2. What are the costs to start-up the income stream ?
3. What are the profits we can make ?
4. Define the issue of shares and sell the promise of profits in return to get cash to start up the service.
5. Start-up and run the service, produce jobs and profits.
The first rail roads used the shareholder model, the model was copied by the MET and almost all the infrastructures that followed got funded with it. Shareholders, workers, trade unions and governments got their stories of aligned interests. Society got fueled and power got defined on three axes, namely:
But can we hold on on that story ? Let’s consider the investement of Google in Belgium. Does the traditional story of aligned interests between funding, jobs, income, say and ownership really fit ?
We believe we can create a better by reconsidering the funding mechanism for the core infrastructure of the new age.
Nothing is permanent in this wicked world – not even our troubles.
I already have mentioned in a previous post that I believe that I would never have been connected to Threefold Foundation if I haven’t had read the book of Bernard Lietaer (2000). Bernard Lietaer did some scenario thinking about the potential of the digital age, sustainable prosperity and complementary money systems. Digital Privacy as a condition was already described in his first books.
I connected myself to the project of New Business Models of Weconomy because I wanted to try to connect myself to collaborative initiatives for a responsible digital infrastructure and applications for it (2013/2014). The project was led by Jan Jonker and brought me a lot of new learnings and network.
At this moment Jan Jonker is driving a project on inclusive banking:
What if ….
What if …
Teto Foundation could introduce Freeflow tokens in their initiative (read more) ?
What if …
The co-working space Bolwerk in De Zuidrand will co-organize a Threefold Coop (read more) and additionally will introduce additional digital tokens to:
– take care of the heritage of the Fortress ?
– take care of the park around the Fortress ?
– take care of the community tasks (hosting, logistics of events) ?
– take care of the childeren of the co-workers ?
– share professional books ?
– get services of other co-workers ?
– get services of the co-working space ?
The work of Jan Jonker keeps us dreaming and acting.
Sustainable prosperity in De Zuidrand is our goal. Organizing well being is what we want together with Teto Foundation.
Coventional money is supposed to be doing everything. By adding in complementary currencies, you actually get different types of things and different outcomes from different complementary currenciesBernard Lietaer
A chapter for Threefold Foundation is getting home in Fort V, beautiful heritage located in my region ‘De Zuidrand’. ‘De Zuidrand’ is a name of an association of 7 towns in the south of Antwerp, it promotes our region for tourism. It is a nice place for traveling, working and living.
At this moment we are investigating the opportunity to start-up a Threefold farming coop. This means that everyone will get the opportunity to become a farmer. Farmers co-own a part of the Threefold grid and get profit from it.
Why are Threefold farming coops needed ?
- Threefold coops bring green, neutral and democratic storage and compute capacity available;
- Threefold coops distribute income and organisational power.
Threefold Coops are getting possible thanks to the technical innovations Threefold Foundation offers. Threefold tokens will be the mean of value exchange between users, farmers, Threefold coops and Threefold Foundation.
I hoped I could resonate with te message of the book ‘Gigantism’ of the latest book of Geert Noels, because I do love the word G I G A N T I S M. Check ! I do recommend to read the book.
Geert Noels describes why organisations and markets are getting dysfunctional in the existing playing field. He does suggestions on the level of arbiters, rules and players.
Paul Bessems, founder of Weconomics Foundations did already a call to challenge “never” in the quote below.
The study of economic organization commonly proceeds as though market and administrative modes of organization were disjunct. Market organization is the province of economists. Internal organization is the concern of organization theory specialist. And never the twain shall meet.Oliver Williamson
rebuilding systems has been succesful in other fields by recognizing the smallest part of it. And since we are leaving the industrial order to enter the digital, the smallest parts that we have to recognize are ‘data’, ‘people’ and ‘things’.
An appropriate digital infrastructure has to emerge to exchange data and value. And it is almost there. Threefold Foundations is doing well. Examples are getting ready to get copied around the world. I am happy that the invitation for the Ibiza events (May/ Octobre) are picked up. It’s just our turn to take action.
Gigantism is not irreversable.
The difference between the almost right wordt and the right word is really a large matter. It is the difference between the lightning bug and the lightning.Mark Twain
Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.
Thanks for writing your post. I have read it.
Let’s join forces for better prosperity.
But I do believe we have a far more easier task than you have.
We make the next big thing happen by connecting projects and smaller businesses to a shared digital infrastructure. Our good design and perseverance will be our success (and your bad design is why you’re business is at the beginning of the end (that’s what I guess)).