A DAO, or “Distributed Autonomous Organisation,” is a next-generation outgrowth of the blockchain technology underlying Bitcoin. Simple transactions between two parties are replaced by “smart contracts” which can involve any kind of engagement and any number of parties. An innovative public-interest startup called the Economic Space Agency (ECSA, http://ecsa.io) has assembled a team of programmers, game developers, economists, NGOs, and art and activist collectives to invent a form of the DAO that combines collaboratiive work tools, a decentralized, self-administering governance system, and an internal micro-economy based on a dedicated cryptocurrency. The idea is to offer civil society groups an open-source platform allowing them to invent their own self-sustaining creative economies, operating in a system grounded in notions of the “commons.”
The SenseLab’s Immediations project is working intensively with ECSA to develop a self-sustaining micro-economy of abundance fostering emergent collectivity arising at the intersection of art, philosophy, and activism. The Adventure Capital DAO will embody the principles of a key concept that the Immediations project has been developing called the “anarchive.” The Adventure Capital platform will be offered to Immediations community partners for adaptation to their needs, and to the budding alter-university, the 3 Ecologies Institute.
Anarchival Book of the Movement-Moving of Adventure Capital: a multidimensional collective exploration of the anarchival frontiers of finance. Produced during the Distributing the Insensible event, Montreal, 10-20 December 2016.
The collaboration between SenseLab’s Adventure Capital and ECSA is an attempt at terraforming a new economic space. How do you invest in the creation of new economic spaces, and conversely let yourself be invested by the spaces you create? By anarchiving the monetary technology and experimenting with the design of its constitutive elements, we can develop new modes of psycho-social collective individuation. In furtherance of this unfolding experiment, this anarchival book of the movement-moving of Adventure Capital has been developed as a process of weaving and intersecting relations with differentials of value informing and giving form to novel social-economic spaces. This anarchival book traces such a coming-together, and its creation of a movement that both reveals and actualizes an understanding of Adventure Capital as it moves.
Adventure Capital Working Paper. This working paper served as a bridge between two events at which ECSA and the SenseLab worked intensively together on issues of creative altereconomies: the Immediations’ Adventure Capital Study Retreat, Oka, 24-27 July 2016 and the ECSA “Open Source the Economy: Blockchain, Abundance, Co-Creation & Beyond”brainstorm and hackathon, Oakland, California, 11-15 November 2016, Oakland. It represents the first systematic imagining of the Adventure Capital DAO.