THE REPUTATION ECONOMY
Reputation Currencies play an important role in distributed economics and operate radically differently to monetary ones. But they work well for validating different kinds of value, such as the potential of an agent in a specific context, or when predicting specific human behaviour based on past history.
In contrast to the traditional economy, Reputation Economies are endogenous, contextual, multi-dimensional and non-zero sum. Read more about this by clicking the image below.
Sacred Capital's infrastructure facilitates network effects for reputation currencies. In the long run, this fosters a wealth system, that doesn't need overarching consensus to operate. Think of it as distributed, agent-centric fabric that underpins interactions in distributed networks.
More conversations about Reputation, and the role it plays in newer economic paradigms can found in conversations on our events page..