The Problems
Trust in institutions is at an all-time low
Trust in institutions has hit historic lows—precisely as AI systems requiring high trust emerge alongside blockchains that reduce trust requirements.
Economic security is fragmented in blockchain networks
In Proof-of-Stake (PoS) blockchain systems, tokens are staked as collateral to secure the network of decentralized applications (DApps). However, blockchains still remain siloed and largely disconnected from the off-chain world.
Cryptographic networks provide strong security guarantees but lack incentives to scale
Cryptographic primitives such as ZKP, FHE and MPC all suffer from scaling issues, which causes them to be under utilized as core technology. Economic incentives help provide the necessary work to bring them to scale.
Developers must create their own decentralized networks and services from scratch
The process of bootstrapping decentralized, verifiable trust services from scratch usually involves designing a staking token, building liquidity, attracting investors, recruiting validators, and gaining market adoption—which all come at great expense especially before achieving product-market-fit.
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