Irrational Exuberance and Wild Metaphors
"It's a brave new world," "It's the web, in 1991," or even the classic, "It's different this time!" – you’ve heard them all. Even if these metaphors are apt, they don't tell you where to invest, who to follow, what to believe in.
We believe the reality of the blockchain era is more fundamental than these metaphors.
A Focus on Foundations
It all starts with identity, storage, developer tools, blockchain explorers, oracles to interact with the existing world, and other tools to understand as well as audit data stored on the blockchain.
Each of these have their own business models and idiosyncrasies. Trying to understand all of this in context is not a task for most people – but it’s one we’re glad to take on.
Databases in 1975
IBM got its start with the punched card, which could store both data and code. By 1975, IBM was a $15 billion company who employed more than a quarter million people worldwide.
It was clear that computers were taking over, and the hobbyist market was taking off. Microsoft was founded in 1975 and Apple would be founded the very next year.
The networking revolution was also well underway: the nascent Internet was already international.
And yet what we call the "modern" database (forgive us, our Big Data and NoSql brethren) didn't exist yet. Oracle, the company that created the modern database wasn't even founded until 1977.
Blockchain: The Decentralized Database
Yes, we understand the concept of blockchain is bigger than just databases. But, for it to actually be bigger than that, it needs to be on a solid foundation.
Join us as we find, fund, and support that foundation.