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History of the Swarm

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History of the swarm including tech, problems, solutions, legal woes, and the new digital collaborative organization model.

History of the Swarm

  1. 1. Joel Dietz, CEO 668 High Street, Palo Alto joel@swarm.fund, www.swarm.fund
  2. 2. All you need to know about Blockchain on one slide
  3. 3. Welcome to a DAOist world
  4. 4. P2P Foundation writings (https://www.google.com/webhp?sourceid=chrome- instant&ion=1&espv=2&ie=UTF-8#q=site:p2pfoundation.net+joel+dietz) Ethereum Meetup (http://www.meetup.com/EthereumSiliconValley/) Distributed Governance Whitepaper (https://github.com/fractastical/distributed-governance/blob/master/whitepaper.md) Decentralized Autonomous Society (https://www.facebook.com/groups/579940655425355/, 1100 members) Crowdfunding (http://evergreenthoughts.quora.com/Cryptocurrency-Crowdfunding-Problems-and-Potential) “Coinify” (koinify.com) 
 “Cryptoequity,” community Network (Swarm, https://bitcointalk.org/index.php?topic=664071) Comiccoin (http://www.coindesk.com/bitcoin-comic-goes-sale-following-successful-crowdfunding/) “Remember, remember” Harvard summit (http://www.coindesk.com/token-security-research-analyzes-blockchain-us-law/) DCO implementation (http://www.coindesk.com/swarm-targets-blockchain-governance-platform-pivot/) History
  5. 5. Lack of good projects Legal Lack of accountability High marketing costs BTC drop Problems Bad economics
  6. 6. Governance DCO model Usability Solutions Decentralized due diligence
  7. 7. - legal contract describing governance - structured as “partnership” - voting tech - automated asset issuance - project page - distribution - sale DCO package
  8. 8. Good! - broad engagement - large community - values based ! ! Bad - enthusiasm levels vary over time - can be scary to ecosystem (i.e. too disruptive) - most crowdfunding campaigns fail (~40% success rate on Kickstarter) ! Ugly! - hard to do follow on funding - budgeting on asset that fluctuates in price Lessons Learned
  9. 9. 42*2 Projects
  10. 10. Project Mayhem*

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