Global Settlement Update 🗿 The Shutdown and Oracle freeze have been triggered! SAFE owners can now claim their surplus collateral. After a 4 day delay, RAI will become redeemable at 0.0011259 ETH per RAI Particpate in Global Settlement here:

Global Settlement Update 🗿 The Shutdown and Oracle freeze have been triggered! SAFE owners can now claim their surplus collateral. After a 4 day delay, RAI will become redeemable at 0.0011259 ETH per RAI Particpate in Global Settlement here:

Ethereum is not just a network for moving money around, but also an uncensorable state machine which can be used for charter cities and various other physical systems. For example: Onchain provably-fair representative democracy, conviction voting, liquid democracy, futarchy, etc. guided by policy prediction markets, using MACI (developed by the EF's PSE team), @semaphoreci or other privacy protocols. Public CCTV cameras which use TEEs (or the holy grail, IO) to reveal footage to jurors/arbitrators in a deniable manner only after receiving an order from a trusted onchain court or arbitration provider like @Kleros_io. Smart locks which respond to onchain events to lock, unlock, add/remove authorized people, and can also be controlled by said onchain courts or other DAOs. For example, when granting an important role, a role can be added via @hatsprotocol that automatically gives them access to all systems without needing manual authorization. No streetlights at night, except for red lights along walkways, which for 45 minutes each night (a parameter adjustable by the city's DAO) also turn off to see the sky. And on winter solstice (night of stars) the lights stay off the whole night, to give a perfect view of the night sky. IYKYK ETH-backed currency such as @letsgethai or @reflexerfinance with predictable, algorithmic monetary policy, which can be used for real-world payments with Ethereum-based secure payment rails that don't involve literally giving your payment key to every single vendor what the hell is the card system. Onchain oracles with various physical monitoring devices placed around the city, livestreamed to the public to prove tampering-resistance. For instance, these oracles can be used to resolve fun little prediction markets such as "what will the average wind speed be on Aug 11th, 2035?" Charity via marginal price discrimination: businesses which care about a particular topic could give small discounts to people who do good in that area, allowing them to multiply their impact in comparison to simply donating a percentage of profits. It's not a thing that strictly requires Ethereum, but I found it from a 2017 Vitalik post so that's gotta count in some way. POAPs. Probably not much to explain there, they're little collectibles that show you went to an event. More businesses going public onchain as Ethereum massively reduces the cost of IPO to simply the cost of the smart contract deployment itself (for example, an initial Dutch auction can be used to find a good starting price rather than having to guess. @circle left a lot of money on the table) A fusion of the traditional joint-stock corporation with the DAO model that replaces it with liquid governance. One example of this done very well is @aave (mainly governed by the @AaveChan, run by @lemiscate), but there may be further room for improvement with more complex hierarchical structures. Tokenized land within said charter city that can be traded without requiring fee-taking intermediaries. For extra radical points, throw in Harberger taxes or some other form of land value tax, also collected onchain. This is all just the tip of the iceberg for what is possible with the World Computer. For the scifi future. Onwards! (a continuation of my original reply to @ethereum's moonshots post)