• Peter Thiel
• Dustin Moskovitz
• Paul Graham
• Marc Andreesen
• Marissa Mayer
• ...and many more incredible entrepreneurs

Quote from: TomKoinify on September 15, 2014, 03:52:26 pm

Quote from: TomKoinify on September 15, 2014, 01:21:09 pm

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2020: A Call For DApps & DAO's

http://koinify.com/blog/2020-a-call-for-dapps-and-daos/

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Hey guys,

We're writing to share with you our vision of how we see the future, and where we see this decentralized application industry taking us. With the 2020: A Call For DApps & DAO's - we lay out where we see these companies going, and what we believe will foster development, growth, and adoption of this technology as a whole.

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Hey Tom!  Welcome to the BitShares community 

I'll take this opportunity to share my vision of a DAC I've been working on.

My name is Brian Falther and I believe from now through the next couple of decades, we're going to see the emergence of DACs for the production of physical items.  I think one way to think about it could be "the internet of things 2.0" or what I've been referring to in conversations with close friends as "the blockchain of things" movement (...there's already evidence that others are thinking about this too - IBM's proposed Adept platform).  I'm super excited to see the 'physical infrastructure' section on your blog post!

The DAC we're working on is a decentralized autonomous food production platform called Future Tech Farm.  This analogy is still fresh, so let me know if it makes sense: it's like Uber, but for farming.  We want to build a platform where anyone can be a farmer without any geographic, or knowledge-based prerequisites.  Our goal is to enable anyone to grow food for themselves, their family, and properly incentivize them to grow for others too.  Imagine hyper-local produce delivered via drones to your doorstep for less than what you'd pay at Walmart with higher quality than what you'd find at Whole Foods.  We believe this is the point in history where farming will follow what the computer industry did in the 50's & 60's; from large mainframes with umbilical-corded terminals to PCs... same analogy for farming.  This is the first time in history its becoming technologically and economically feasible.

The concept is based upon this fact I believe to be true:  If food production existed solely on technology (which is developing at an exponential rate and eliminates all uncontrolled variables, like weather); the cost of growing food will be that of electricity.  If anyone else is a Singularitist like myself, you'd agree with the hypothesis of the law of accelerating returns which will enable the cost of electricity to continually approach zero until it's too cheap to meter. 

Here's the end game: What would the world be like if food were essentially free and required no human labor inputs?  My hypothesis is there will be a massive amount of cognitive surplus to work on developing creativity-based solutions (something computer don't quite do well yet...).  People would have the opportunity to work on what they want to do, not work a job they don't like because they HAVE to, in order to put food on the table...     

Not everyone will agree with me but I believe farming to be one of the most broken industries in existence today.  The vast majority of food isn't being grown for taste or nutrition anymore - it's being grown to travel (at the unnecessary expense of precious resources).   

I'd be happy to go into further detail about the platform may potentially operate, but the basics are as follows:

• People will autonomously grow their own fresh produce in a home grow system (size will range from 'desktop' to scalable, modular & expandable systems the size of large rooms or a basement)
• Each personal home grow system will be outfitted with a sensory system collecting data from every variable needed to grow
• Every node will be connected to each other and each node on the network will be constantly striving to be as efficient as the most efficient node in the network (a machine learning neural network with a positive feedback loop)
• Monetization, incentives, & tracking/security of the food produced will be logged with blockchains

The UX would be something like an Amazon Fresh front end and food would be delivered to (or harvested directly at) your living space, exactly when you need it.

After searching for over 2 years on how this system may be able to monitor and track the network at scale, AND has the ability to monetize & incentivize the bootstrapping of the network; I landed on bitcoin and blockchain technology. ...As a technologically objective engineer - I quickly found my way to the BitShares community and the rest - is history [in the making]  .  Much like BitShares, we're looking to create an industry that solves problems for billions of people.  Over the next 3-5 years, we'll be engineering the initial hardware development for the grow systems and bootstrap the development of the network to bring it online.  I imagine many many opportunities for embedded systems startups to work in the space. 

My background is Mechanical Engineering, my co-founder is also a mechanical engineer currently working on his Master's in Robotics at Northwestern.  We're in the active mode of putting together a world-class team to begin operating in stealth.  There isn't a doubt in my mind that BitShares (both the technology and the community) will play a very large role in realizing this vision.  If you'd like to learn more about myself, my co-founder and our progress over the past few years, check out: http://www.futuretechfarm.com/about/#founders.  There are a couple of videos of public pitches we've made, along with some of the details from our early investors & pre-seed funding.  We're working on building out the roadmap for our seed round of funding now.  I would love to initiate conversation about working with the BitShares community, and core dev team, to do so through the BitShares ecosystem within the next year.  Any questions - feel free to send me a PM, e-mail (contact info on website), or shoot a tweet to @brianfalther or @futuretechfarm. I'd also be more than happy to chat on Google Hangout, Skype, or the BitShares mumble server.

To give you an idea with where we're at now, the most recent development for FTF is with regards to continuing the next phase build out of our team.  I'm a big fan of Peter Diamandis and the work he has done.  Peter has developed a mastermind group of entrepreneurs and exponential thinkers from all over the world who meet each year in January to discuss emerging technologies and philosophies that will change the world as we know it.  The name of this group is called Abundance 360 (here's the website: http://abundance360summit.com/ - Apply! I'm sure many of you would also be a great fit).  I sent in my application a few weeks back, went through an interview last week, and was accepted.  I don't personally have the money to pay for the membership and make the trip, but will be crowdfunding my way there (keep an eye out in the near future... I'll be looking for sponsors!)  I know if I can get in front of Peter and his network of insane connections; we'll be able to put together the dream team needed to make this a reality.  There's also the added benefit of this year's summit having a module & discussion based entirely on bitcoin and blockchain tech - I'm SURE I can get in front of a crowd and speak about BitShares.

Peter was kind enough to make a personalized response to me too!
https://vimeo.com/106199286


If this resonates with anyone and you're interested in working with us - let me know!  My co-founder and I would love to have a conversation with you (we meet online weekly on Tuesdays at 8pm eastern - we'd be happy for you to jump into our hangout and chat about ideas and progress; BYOB)

Tom - if you'd be willing to cover what we're working on through Koinify, give me a shout! 

-Brian

TLDR; Robots, autonomously growing food for the whole world, based on blockchain tech.