"Backfeed develops resilient technology and new economic models to support free, large-scale, systematic collaboration"

Economics
#1

"Based on a distributed governance model, Backfeed protocols make it possible for people to easily deploy and maintain decentralized applications and organizations that rely on the spontaneous and voluntary contribution of hundreds, thousands or millions of people.

Backfeed provides the infrastructure and toolkits that build on the emerging blockchain ecosystem. The protocols reward individual contributors through the distribution of economic tokens and the reallocation of personal influence, based on the perceived value of their contributions to a particular community.

As an analogy, if the blockchain can be regarded as the TCP/IP (communication layer of the internet), Backfeed is building a canonical protocol and platform (akin to the HTTP protocol and the web browser) to enable blockchain-based decentralized collaboration, as easily as one would deploy a website today."

#2

The idea that in the future tokens will play a crucial role in networks and organizations to incentivize decentralized collaboration and reward contribution is not new. It’s the original decentralized autonomous organization idea that has informed many projects that have been on the podcast (Swarm, Ethereum, Factom, Storj, etc). For Matan, the vision originally led to found decentralized ride-sharing application LaZooz. One year ago, he left LaZooz to found Backfeed, which is building the tools that so far have been missing to make mass collaboration without a central party possible.

Topics covered included:

  • How he became interested in blockchains and started the ridesharing application LaZooz
  • Backfeed’s vision for a social operating system for decentralized organizations
  • The role of reputation, proof-of-value and tokens in Backfeed
  • The applications Backfeed is currently building
  • The business of model of Backfeed
1 Like