Fairness and Freedom: The Cornerstones of an Innovative Market
The world has never been inherently fair or free, which is why fairness and freedom are so precious. They inspire countless passionate individuals and scientific giants to strive for them. In the past 200 years, innovations and inventions have grown at an exponential rate, surpassing all achievements of the past 1.5 million years. As Asimov predicted, humanity's future lies among the stars and the cosmos.
Theoretical Sources
-
Institutional Economics: The design and improvement of institutions can significantly promote innovation. A fair and free institutional environment reduces market entry barriers, encouraging more individuals and companies to innovate. For example, property rights protection and a legal environment can motivate enterprises and individuals to conduct R&D and investment.
-
Schumpeter's Innovation Theory: Schumpeter believed that the key to economic development is innovation, and innovators need a relatively free environment to experiment and take risks. In a free and fair market, entrepreneurs can boldly pursue technological innovation and market expansion, thereby driving the economic growth of the entire society.
-
Open Innovation Theory: This theory emphasizes that companies can innovate more efficiently through collaboration and knowledge sharing in an open environment. A fair and free societal environment facilitates the free flow of resources and knowledge sharing, promoting more collaborative innovation.
DAO Organizational Model Sustaining Value
The concept of DAO can be traced back to religious ideas 3000 years ago, emphasizing self-regulation and self-redemption. In a secular scientific world, the real records of on-chain behavior act as a divine ruler, judging and motivating user behavior. Although the DAO concept is simple, its implementation is challenging. Aside from top-tier projects like BTC, ETH, and Uniswap, most projects struggle to survive. We aim to use DAO principles to promote our values, rewarding good behavior and punishing bad behavior.
Theoretical Sources
-
Social Contract Theory: DAO forms a new social contract through on-chain records and smart contracts, where all participants must adhere to collectively formulated rules to ensure the system's fairness and effective operation.
-
Game Theory: By designing reasonable incentive mechanisms, DAO ensures that members' participation and decision-making align with collective interests, avoiding individual opportunistic behavior.
-
Coase Theorem: By reducing transaction and management costs, DAO enhances organizational efficiency and resource allocation, making it better suited to complex and changing market environments.
Releasing Individual or Organizational Wisdom and Forming Consensus Value
In emerging markets, with the development of AIGC and Web3, each organization or individual can more conveniently express and disseminate their values and innovative results using networks and productivity tools, injecting more possibilities into science and society.
Theoretical Sources
-
Network Effect: As more people participate and contribute, the system's value and diversity significantly increase, forming a strong network effect.
-
Long Tail Theory: In the Internet and digital economy, niche market demands can also be met, creating new market opportunities and innovation sources.
Synbo Standing on the Shoulders of Giants
With the advent of new technologies, we can create more possibilities for innovative projects and open new paths for capital acquisition. Even without the support of centralized or branded capital, dispersed user consensus can still be gathered, maximizing each participant's value.
Theoretical Support
-
Metcalfe's Law: The value of a network is proportional to the square of the number of its users. More users participating exponentially increases the network's value.
-
Synergy: Dispersed user consensus and cooperation can create powerful synergies, enhancing overall innovation capabilities and market competitiveness.