Building Parallel Economy Using Ethereum
summary
Parallel Polis runs for nine years and claims members have lived solely in cryptoeconomy for 8 years, using Ethereum as the permissionless backbone for day-to-day life, funding and governance. Concrete experiments include a Bitcoin Cafe accepting only crypto, stablecoins and collateralized loans to smooth volatility, a pawn-finance mortgage prototype, on-chain volunteer tokens for reputation, NFT-backed silver coin certificates, a proof-of-concept bird feeder paying contributors, and quadratic-funded turtle-protection NFTs that crowdfund field teams. Results are practical deployments and ongoing community use.
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chapters (8)
- 0:00Introduction to the topic
- 2:02Theory of social change
- 6:12Historical context
- 11:33Defining parallel structures
- 13:40The role of crypto-anarchy
- 17:25Paralelní Polis project
- 19:14Ethereum in practice
- 23:11Experiments and conclusion
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