INCs - a canon An Internet Native Company (INC) is a for-profit organisation that is created, operated and governed onchain. In this canon, we proposed an updated version of the joint stock company with INCs, explained why they matter and how they differ from DAOs. We also discussed how they should be governed and operated as well as the universa

In this article, we’ll cover why blockchains are superior financial rails than the tradition banking system before jumping into how to operate an business onchain. Part I — Running a business onchain will become the norm Blockchains are a superior rails & Ethereum will become the back office of companies. Status quo To run a business, one mus

We briefly discussed universal capital markets prior but decided it warranted a longer post. Blockchains are first and foremost a financial technology — cryptographically verifiable consensus enables the creation of universal capital markets. Capital markets are inefficient Let’s zoom out and look at existing capital markets — equities, bonds and c

Labour laws haven’t evolved to reflect the way we work — they were originally written for manual and tedious work during the Industrial Revolution. Now that majority of work is digital, location doesn’t matter much beyond time zones — these laws are archaic. Changing them is both complex and paramount for a prosperous and equal world. Companies sho

For organisations to compete, they need to be fast. The moment you decentralise them, you make them less competitive. But then — Problem Statement: The Principal-Agent Problem When we grant power to individuals in organisations, we get a principal agent problem. The managers can act against the interests of the “stakeholders”. So, to move business