Hello and welcome to Ledgerback's Seventh Weekly Update.
If you haven’t had the chance, please check out our earlier posts.
Starting from this weekly update, we are trying out a new format. Hope you guys like it. For our new format, we thought that we should start our updates with an overview of the topics we wanted to discuss with our readers (“You”).
Today, we want to talk to You about: 1) our activities; 2) our vision and goals; 3) life of a cryptographic ledger startup; 4) committee updates; and 5) work on our publications.
For the past week, we have been working on our logo, certificates, newsletter, and our roadmap.
First, our logo development is coming along smoothly and we hope to show You our prototype pretty soon.
Second, we are still working on our certificate format (why is this so hard??!!). We are contemplating whether to issue commemorative coins or pins or solely issuing a collective token. If you think you have a good idea about what we should be doing for certificates, please reply or send an email to [email protected].
Third, we recently issued our first personalized newsletter. We got some good feedback and are hoping we can incorporate it into our Newsletter design.
Fourth, we are on track to meet our September 2018 goals.
This is a quick update on some changes to our vision and goals we have discussed in previous posts.
Our initial vision in creating Ledgerback was to accomplish four primary goals. First, to increase mainstream adoption of distributed ledger technology. Second, remedy issues and concerns we have seen and experienced in the cryptocurrency community. Third, support local projects, initiatives, and communities. Fourth, research distributed ledger technology applications.
Our initial means of accomplishing our vision were four-fold. First, providing free educational resources about distributed ledger technology and cryptocurrencies to the general public. Second, research applications (“use-cases”) and issues regarding distributed ledger technology. Third, advising, consulting, and supporting primarily local projects and initiatives. Fourth, provide self-regulatory guidelines for the distributed ledger community and industry.
Since our recent founding, we have realized that our vision and goals have changed and are changing the more we attempt to follow them through. For this reason, we have decided to slightly tweak our vision and goals to better meet our enhanced vision.
The vision we initially had has evolved from our increased business activities and gaining a better understanding of what our vision is, and how we can act upon it.
The vision we initially had has evolved to include:
Helping to create a “light/malleable” cryptographic ledger-related field where anyone and everyone can join in and reap the benefits of cryptographic ledger technology;
Creating a decentralized entity that goes beyond Decentralized Autonomous Organizations (DAOs) and Decentralized Autonomous Co-operatives (DACs), by creating something akin to a Decentralized Autonomous Interoperable Cooperative Network of Associated Commons (DAI-CNAC) (more details will be provided in a future update); and
Breaking the mold and choosing to develop our own unique methods of operating as a cryptographic ledger cooperative association.
The goals we initially had have also increased:
Curating cryptographic ledger-related resources for newcomers and community members; and
Creating Community Improvement Guidelines (CIGs) so that any cryptocurrency/blockchain-related community, project, business, organization, and newcomers can avoid the pitfalls that have befallen projects in the past.
It is quite a strange situation being a startup that’s primary business involves blockchain and cryptocurrencies. Just the very mention of blockchain and cryptocurrencies tingles the spine, raises the goosebumps, sounds the alarms of any non-cryptographic ledger counterparty, and rightfully so since we are still in the wild wild west stage of cryptographic ledgers.
This unfortunately makes it hard for blockchain/cryptocurrency-related startups to build themselves as any small business would without having a large backing or investment beforehand that you would expect in a medium to large enterprise. However, this is only our experience and we would like to hear from You if you have had similar or dissimilar experiences with non-cryptographic ledger related businesses.
We are still looking for new members to fill vacant positions in the Association. We have Committee Head positions available on our Novabyte, Softlaw, Knowledgebase, Amalgam, Jammer, Sec-Audit, FUDetox, and Whitepaper committees. If you want to fill any of the vacant positions, please reply below or send an email to [email protected].
We are still working on the name and format for the podcast. Do You have any suggestions for podcasts we should refer to? We have not seen many cryptocurrency/blockchain-related podcasts so it would be extremely helpful if you could point us in their direction.
Currently, we are in Phase 1 (“Research”) of our Blockchain and Music Article (we’ll think of a catchier name later). If you want to research blockchain-related uses in music and the music industry, please reply or send us an email at [email protected].
What are your thoughts on treasure hunts, escape rooms, and the like?
What is the most blockchain/cryptocurrency-friendly city or town in the U.S.?
Can you have a truly decentralized blockchain that also prevents users from
posting incriminating or illegal data on the blockchain?
Thank you for reading our seventh weekly update. Stay tuned for much more!
Join us on our journey by clicking here: https://goo.gl/forms/dbMDke0TChNcHhXu1.
