Big news! š¢ Season 1 of @DraperNationHQ is coming, fueled by @JurProject! We'll reveal all the details on September 14th at an event during @token2049.
Join over 2000 people on the waitlist at drapernation.com.
Curious to know what it's all about? Keep reading! š§µ #JUR
First and foremost ā”ļø @drapernationHQ has several coordinators and catalysts, one founder @TimDraper: but there isn't a single leader.
šÆ We envision an initial incubation period, boosted by existing networks and entities, and a decentralization phase.
It all begins with the People:
- Proof of Presence
- Proof of Attendance
- Reputation
After that, it's time for on-chain capital formation to take it to the next level.
"The Internet has already revolutionized many industries. What is a government if not a collection of insurance policies? About 80 percent of the government functions as a form of insurance. With a Bitcoin economy, all of this could become virtual." - @TimDraper
A sneak peek with anticipation of what we are currently working on, taking inspiration from the blueprint by @balajis:
š„ Presence, reputation, and personhood
š° On-chain capital formation
@dshglobal, with his 25 embassies, will support the bootstrapping phase of the network.
Last but not least, we are going to iterate fast. Web3 in our view, is poised to generate a huge impact on real world governance, in multiple ways. We are building for wider communities and validations are part of the process.
What is currently public from @JurProject represents less than 10% of what we have been working on. In Web3, building complex things is easy, but creating easily accessible ones is challenging.
We follow a process of testing, iterating, and then upgrading them in robust protocols, rather than the other way around. This means that your feedback counts.