ABLE Nation Layer 3 // Vision

ABLE Nation
2 min readSep 24, 2020

--

ABLE aims to grow into a fully decentralized and distributed digital nation,

with no point-of-failure touch points in existing polities or social structures,

while growing tendrils that bring the value inherent in ABLE into these older and outdated structures.

ABLE leverages the power of FOMOnomics into a treasury for the first fully decentralized, global, self-creating/emergent Internet nation.

ABLE allows those who opt-in to the system and have skin in the game to govern it.

ABLE incentivizes people to grow it with more people, funds, decentralized functionality, and community. The ABLE token is backed by these.

ABLE aims to facilitate a long-term accrual of funds serving the forming decentralized nation.

ABLE aims to facilitate transparent, fair, nonzero-sum interactions between agents and dApps.

ABLE aims to incentivize and empower the individuals using it to co-create ABLE and lift it beyond any dream encapsulated by this vision document.

ABLE is not for Chad quick APR chasers, but for DeFi Kings able to identify and capitalize on much bigger long-term growth.

ABLE, backed by the power of a growing treasury and decentralized governance with a community vested in its future, will gather the best decentralized applications on the web, providing the best services for its Internet netizens: insurance, banking, savings, reputation, identity (digital passport), credit score, social networking, and so on.

It is up to ABLE governance to select these partners and decide on how to best integrate them into the system. Their stakes in the system and ability to liquidate and realize their gains from participation in ABLE depends on continued successful governance and the growth of the nation. Participating in ABLE simply by buying its token is, in essence and without further action, an acquisition of a stake in the growing decentralized internet underlied by the best services offered on it.

Initially, partnerships will be strictly Internet-based. In the future, as dApps expand more and more into physical life, more standard services will be offered, interfacing with existing localities while offering services globally, transcending and including those. Health insurance/healthcare, real-estate registry, vehicle operating licenses, non-collateralized loans, pension, professional licenses, social services, and so on.

Eventually, this decentralized, global, self-governing digital nation will compete with existing physical-boundary nation-states as well as with existing centralized digital nations (FAANG), both vying for control over people using these similar services.

As a more decentralized system with more power and control allocated to the edges of the network, ABLE allows more degrees of freedom, more systemic energy flow resistant to capture by intermediaries and centralized harvesters, and an expansion of social/identify boundaries leading to a greater, global social order that still respects local sovereignty and granular community.

--

--