stepa.eth
@sgershuni
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VC @cyberfund_ • Prev @bitfurygroup @affinidi @skillsprotocol
San Fran - Berlin - Cascais
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Cypherpunk 2024:
1. Control your crypto keys
2. Own your online data & identity
3. Run LLMs locally
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Missed ETHDenver 2024?
I watched 20 hrs of talks and prepared a 5-minute overview of the key trends and topics.
👇
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Asimov’s robopsychology in real life
Claude Sonnet 3.5 Passes the AI Mirror Test
Sonnet 3.5 passes the mirror test — in a very unexpected way. Perhaps even more significant, is that it tries not to.
We have now entered the era of LLMs that display significant self-awareness, or some replica of it, and that also
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What if psychedelics are just mechanistic interpretability of the wetware AI?
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Detecting AI-generated content is a game that can never be won
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Web3 reputation has officially taken off.
Every wallet, DAO, DeFi protocol and NFT tooling company I’m talking to is doing some sort of identity and reputation feature.
Mostly just looking at txs and poaps of the user but it’s only the first step.
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Post-AGI Economy: How to Earn When Machines Do Everything?
Machines are complementing, enhancing, and often even replacing humans. Today, AI writes code, composes music, makes sales, translates, draws, and even produces videos better than most people.
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Simple facts about Digital Identity
1. DID is not an identity but an identifier (aka number)
2. Decentralized identity has nothing to do with blockchain (other than the fact that both use cryptography)
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Discussed network states, and societies last night. There were many great founders from web3, AI, identity, venture investors, and just generally cool people. I want to share some general ideas.
What's happening?
The world is changing. Always. Every time in history, the
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Meta-government:
- a DAO
- no physical territory
- sovereign identity system
- sovereign monetary and taxation system
- clear leaders
- taxes and public goods funding system
- governance (programmable, pluggable democracy)
- subDAOs (institutions or businesses)
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With
@myshell_ai
, you can create your own AI character with graphics, video, voice, and a unique personality, and start earning from it.
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Democratic AI is a good dream and something I plan to work towards as much as I can contribute. But chances of that actually working out vs any variation of Leopold’s scenario is vanishingly small.
Two reasons:
1. Immense power is coming with the AI. People hungry for power
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We invest in projects at the intersection of p2p economy and AI, so I see many interesting projects in this field that will launch soon, stay tuned.
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I’m starting to believe non-transferable NFTs will win over Verifiable Credentials, even though it started as inferior technology.
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2. Decentralized AI is needed
One of the main themes of the conference and a topic I'm currently working on.
90% of projects are trying to put a token on SD, GPT, or make inference more expensive through a distributed network of GPUs.
But, the fundamental problem remains: how
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Intents and solvers are the good old “UX vs sovereignty” compromise
‘chain abstraction’ is a tired take
bc it just implies that we give more work to our ‘solver’ overlords (market makers) that dictate our onchain lives
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SSI has no adoption not because it’s offchain but because governments and businesses have no desire giving up ownership over user data.
SBT/identity NFTs have no adoption not because it has problems with privacy but because UX sucks.
It’s about customer, not tech.
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Crypto has lost its narrative.
All long-term things remain true (all economy will eventually be p2p and verifiable).
None of the short-term narratives work (memes are already boring, NFTs never revived, tap2earn disappointed people, naive “put GPT or GPU onchain” is useless)
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Will be discussing future of decentralized AI with some of the best investors in the space
Tune in later today!
Join us today at 8 am PDT for our second X-Space discussion on the state of deAI infra with investors!
Explore "Future of deAI from VCs POV: Infra Buildout and Most Compelling Use Cases." Our expert panel will explore why decentralized AI (deAI) is an attractive investment and
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If there's one thing to know about ML, it's that you shouldn't get hooked up on a certain ML architecture
Transformers, as everything else, will get eventually replaced or incorporated in new architectures
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Retweet after me: to enable user ownership of data (web3) you don’t need blockchain and tokens.
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1. Rollups are ready
Over 1000 new rollups are expected in Ethereum in 2024
— Some will be just unchanged forks, others will focus on specific applications, countries, markets, groups of people.
— The most interesting ones will innovate at the level of code execution, UX, and
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Decentralized reputation is required for:
- DeFi to self-regulate
- save > 50% on hiring costs
- open source contributors to be fairly compensated
- advertising which is consent-driven and all data is user-owned
- gaming to decentralize
- DAOs to actually perform
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Feels like the next wave is going to be reputation-weighted economics:
- targeted airdrops,
- zk-badges,
- decentralized credit score,
- portable contributor reputation,
- reputation for smart contracts and ML models.
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3. Bitcoin L2
BitVM, taproot, and the potential upcoming Bitcoin softfork allow for the creation of programmable applications (smart contracts, rollups, L2 chains) on top of Bitcoin, using its security infrastructure.
I saw about three dozen projects building different L2
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Other important topics to mention:
RWA/DePIN: Simple idea but weird name. The idea is that web3 can be used for more than just digital assets. This didn't happen since 2014 but we're getting closer.
Restaking: EigenLayer was hyping the whole year. A powerful project, but their
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The more I read the criticism of soulbound tokens (), the more I am convinced that this is just the right extension to the SSI that will enable decentralized reputation for people, organizations and things.
Let's explore how SSI & SBT work together
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Decentralized reputation is a necessary component for truly decentralized social institutions. It allows us to programmatically negotiate social trust and reduce transaction costs in the economy.
Let's define 10 principles of the digital trust system 👇
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Simultaneously, new opportunities are emerging. Just as the profession of lamplighters (who manually lit street lamps in the evening) disappeared but gave rise to electricians, AI development is creating new possibilities.
Here are a few examples:
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Once decentralized reputation is solved, Sybil resistance comes for free.
Digital identity that is rich enough to participate in meritocratic voting, skill-based DAO onboarding, meaningful contribution tracking, etc is much more expensive to try and fake than BrightID/PoH.
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Imagine data, models, evals, agents creators being fairly compensated for creating AI in a trustless environment.
This will be truly open AI.
@dAGIhouse
teams are hard at work on some of these ideas.
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Завтра будем говорить с основателями крутейших и крупнейших криптопроектов о DAO:
- экономика и дизайн механизмов в ДАО
- платформы и технологии
- governance токены
- управление организацией через ДАО: настоящее и будущее
Войс чат в телеграм-канале
@cryptoEssay
, 19:30 MSK
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Token-gated → Reputation-gated
Latter one requires not a single token but some score aggregated from onchain and offchain data, attached to your did:pkh (aka wallet address).
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When someone says people don't care about their digital reputation
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Today I'm doing ideation workshop to help hackers prepare projects for dAGI House hackathon this weekend
Get Ready for the Hackathon: Join Our Crucial Pre-Event Workshop!
Today is the final day of our online pre-conference, and we have a workshop that you just shouldn’t miss! It will give you the edge you need for the upcoming hackathon.
Ideation workshop to prepare for the
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Verifiable credentials are awful representation of reality since stuff in real life is never “verified” or “invalid”.
Everything, including national passports, can be forged or faked. The true model of identity is probabilistic. In other words, reputation.
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dAGI House hackathon powered by
@cyberFund_
in July at EthCC
This Hackathon will explore the design space for decentralized AI applications, autonomous agents with the overall theme of decentralized intelligence. Both applying AI to web3 ecosystem, as well as leveraging web3
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Will be at ETHBerlin next week. Would love to chat with founders and developers regarding
- Decentralized AI (routing & orchestartion, autonomous agents, oss models, data, etc)
- Decentralized identity (esp. for marketing)
DMs open
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Is AGI going to be a gigantic black-box model or a decentralized network of autonomous agents? How can be ensure even access to unbiased, helpful AI for all?
Trying to answer these questions in my new article.
AGI is coming.
Will it uplift humanity or centralize power? How can we create empowering, ethical AGI for all?
Let's explore a vision of trillions of decentralized AI agents working interconnectedly with people, forming what we call a Cybereconomy.
by
@sgershuni
🧵👇
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Anyone interested in beta testing token-gated access solution for Notion, Drive, AWS, GitHub?
Free to use if you're happy to provide feedback!
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@ChandlerGuo
@kyletorpey
jump to untested solution that promotes centralization? Not in Bitcoin
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Decentralized reputation is a way to expand design space for crypto mechanism design
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Just published paper on Decentralized Reputation and SSI
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Just published Bullish Case for Self-Sovereign Identity, where I try to answer the following questions:
— History and evolution of trust
— What is SSI?
— Core problems
— How to make business with this tech?
— Business models and GTM strategy for SSI
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Using NFT for digital identity is a privacy nightmare. It’s a forcingly public social graph where anyone can scrape, exploit and sell you identity data.
NFTs are awesome as badges though.
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@rogerkver
Bitcoin usefulness as store of value and medium and exchange comes from decentralization (otherwise use USD). Bitcoin Cash doesn’t have it and it hugely manipulated.
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SSI is going mainstream.
Excited to see amazing presentations at
#EIC2021
by
@KudrixD
@SSI_Ambassador
@windley
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There’s two totally undervalued use cases in web3:
1. Blockchain of intelligence (not GPUs)
2. Blockchain of attention (not just quests)
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This is probably the worst crypto onboarding experience anyone ever created
LDD — lawyer-driven development
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The internet is being re-built with web3 identity in mind
@deworkxyz
replaces Trello and Upwork with internet-native payments
@deformapp
replaces Survey Money with NFT gating
@gyde_one
replaces Salesforce with liquid customer loyalty and reputation
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I dream of a Web with self-custodial identity, composable data, zero-knowledge privacy, and granularly programmable capabilities
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Pitching sessions at
@dAGIhouse
. Some amazing ideas out there:
- personal AI agents for crypto communities
- AI-powered DAO governance
- collaborative AI art
- multi-agent AI task marketplace
- low-cost verification of LLM inference
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Half of the people I respect in crypto are doing memecoins
Half of the people I respect in AI are doing generative porn
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The future of work is:
- purpose-driven
- community-oriented
- decentralized
- meritocratic
- emergent
- individual at the center
- fluid, fractal: orgs within orgs
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Future of gaming:
1. Portable identity / meta-avatars
2. Open economies (yes, I know that publishers don't want it. but gamers want it)
3. Metagames -- games above the games; games without a game
4. Metaverses -- composable worlds
5. Decentralized social graph (guilds on Lens!)
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In decentralized identity & reputation there can’t be a single winner. It’s always a network, a consortium of companies.
- Collaboratively building composable data graph
- Acting as issuers and verifiers
- Remixing, ranking and reusing data from each other
👇
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I’m worrying that the bull market starts too soon and we won’t build enough
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Blockchain is a computing paradigm that allows to build institutions
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@getgrass_io
allows you to earn from your "idle" internet traffic. Almost no one uses 100% of their internet speed, and Grass helps utilize this for data scraping (news, courses, content) and pays you for it.
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We're organizing Decentralized Reputation workshop for web3 community to come together and collaborate on how the future of professional identity, credentialing, reputation and evidence-based assessment will work like.
Learn more here:
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Etherscan added social reputation to all Ethereum addresses. So far it's basic stuff like posting on Mirror or doing Gitcoin grants but imagine this in a few years.
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Solving decentralized reputation is the single most important step to get to fully decentralized marketplaces.
This is the point where protocols will finally outperform platforms.
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One of the most exciting opportunities in web3 today!
Anyone know a good community manager looking for work?
Must have
- Previous experience as a comm manager in web3
- Fluent english (written)
Bonus
- Additional languages
- EU working hours
- Has been rugged and is still here
Please DM me here or TG (same handle) with their
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web3 social is mindblowing!
while NFT, DeFi and crypto is barely alive, Gitcoin Passport, Lens and Orbis has made some incredible progress.
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Let 2022 be the year of empowering individuals with web3 / decentralized identity tech
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Things that are inevitable in the next 10 years:
• DeFi eating CeFi
• NFT adoption by the creator economy
• Web3 social
• Programmable coordination via DAO mechanisms
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Verifiable credentials are going to change the world.
DID and DIDComm are orders of magnitude more important!
by
@windley
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Compact 1-slide overview of Verifiable Credentials, NFTs and the goal of digital credentials
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Introducing AI University
— learn any subject, guided by a personalized tutor
— discuss with historical figures
— quizzes tailored to your level
— code & essay tasks with verification
— for free and anywhere
Education suddenly became 100x more accessible and adaptable
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Stop this “enterprise web3 software” bullshit.
Web3 is collectively owned Internet, not corporation-owned internet.
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What comes after web3?
A decentralized web of personal computational agents representing people, orgs, smart contracts, bots.
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At $8/mo the digital (and hopefully decentralized) online identity verification market instantly becomes $3,2B at Twitter alone.
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SSI/Decentralized identity is hard, yet it's a critical piece of technology to enable user-owned and controlled finances, reputation, data and attention.
At
@cyberFund_
(team behind
@LidoFinance
@P2Pvalidator
) we're building an identity wallet for crypto-natives. Looking a
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DAOs are open source internet-native organizations. This means they can build, fork and improve not just on software but also on internal processes.
The rate of innovation in human coordination is going to explode.
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Web3 is being applied to every bullshit idea out there. Top ideas where it actually works:
1. Uncensorable money and financial markets (BTC+DeFi)
2. Virtual campus, DeEdu, accessible education (DAO+DeFi)
3. Composable data graph + portable reputation (SSI)
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@AlinejadMasih
The reason is that is was a European plane flying from one EU country to another EU country that was hijacked pretty much in the middle of Europe.
Human rights should be equal everywhere but something happening next door feels more important.
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Even though SSI has lots of potential applications like communication, user onboarding, SSO, personal data pods, etc, the largest application in short term might be powering the rebuild of existing bureaucracy systems.
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Everyone is wondering how to onboard 1bn user to web3.
In reality we don’t need wide networks with billions in them.
We need Deep Networks which are smaller but comprised of highly aligned people.
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When I’m lost, I’ll join a corporation (guidance)
When I need money, I’ll start a product / startup (upside)
When (if) I will be able to do what I truly love — I’ll join a DAO to start a digital nation (calling)
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Credentials imply some authority proving your credibility. Top-down, centralized.
Attestations are a graph displaying complex social connections. P2P, emerging
All credentials will be replaced by attestations
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Things I hope will never succeed:
— metaverse from Facebook
— cryptocurrencies from Central Banks
— digital identity from Google
— DAOs run by corporations
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DAO is one of the most underestimated innovations in collective decision-making. Natively digital, decentralized and requires less overhead than, say, corporations or NGOs.
SSI is a tool for DAOs to increase governance efficiency. It makes decisions more informed via reputation.
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FUCK. How can focus on work versus watching WW III being livestreamed on YouTube???
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Can we just skip this passports, taxes and nationalities bullshit. It clearly doesn’t work and has awful UX.
Can I just stake some tokens XYZ that will give right to live in a certain city and use public infra?
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