Deconet Token Update

The path towards digital public infrastructure for the future of work and wealth

At Deconet, we’re inspired to create a high-leverage, open-source technology that can evolve and thrive for hundreds of years in order to transform collaboration and innovation. This motivation guided our 2018 search for the path to tokenize the technology that will power the future of work.

With this context in mind, it’s important to understand where we are in 2019. Through a certain lens, cryptocurrencies and blockchain technology can be seen as a new virtual jurisdiction (a system of rules), and it’s not clear to how this emerging virtual jurisdiction meshes with the nation-state jurisdictions we’ve grown up in. Given this uncertain legal landscape, we’re putting the plans for issuing platform token on hold for now, due to regulatory concerns.

As we move into our next phase of evolution, our goal at Deconet remains the same: We are working tirelessly to create a community-governed, user-facing technological infrastructure that captures network effects and fairly rewards those who create value for the network. In other words, our mission is unaltered, and the moment the legally sound path for platform tokenization becomes clear, Deconet will be one of the first projects to jump on issuing a token.

To the community that’s been with us, thank you so much! If you’re here for the same reasons we are, you’ll be pleased to know we’re only just getting started. Check out this post announcing our launch of the Deconet Services Marketplace. Deconet is a community project through and through, which means there are tons of way to get involved, including getting your projects built and getting paid for your design and development skills.

If you’ve got any questions, please jump into Telegram here or send a tweet. We’re so grateful to have you as part of the Deconet community and look forward to hearing from you.