Intangible assets

Nobody should feel that someone is taking away the credit of their hard work. If that happens then they will get demotivated. If society do not value an asset it will disappear from earth. So it is important that we address this issue. If we are not able to address this with the present economic tools then we may have to invent new tools. Can Crypto currency address it? When we do a work we create an asset. This asset could be tangible or intangible, but we had worked for it and we have a right to get benefitted for that work.  People behind startups create a lot of intangible assets. Can we create a mechanism using crypto currency to capture it, store it and turn that into a beneficial tangible asset?

Comments

Post a Comment

Popular posts from this blog

Cash flow and supply chain

Cash flow is a problem for many entrepreneurs. Delayed payments means you need huge cash reserves. Can smart contracts solve the cash flow issues? How will a future supply chain look like? We know that Robots are replacing humans in assembly lines. One major advantage is that there will be less deviations in the final products. Probably no need for verification of the finished good and  true JIT can be practised. In a ideal world of tomorrow the financer , the supplier and the customer may be connected through smart contracts. This will avoid unnecessary paper work and legal actions.
Read more

Crypto currency at MVP stage

How can we address some of the problems faced by the startups using a crypto currency? Let us address the issues at the stages of  idea to  MVP and then to market validation.  You think you have a great idea but you have no money or only little money.  But you are ready to take the help of a team to develop the idea into MVP and then to market validation. But it requires the help of two  people. Some one who knows how to develop the MVP and some one who knows how to sell it in the market. How do you pay them? They could be offered shares. But how much shares? What is the guarantee that they will deliver? If they don't then you will loose time and energy. Can a crypto currency help at this stage? I had a feeling that the company structure do not fit to the needs of the startups. It is a bit inflexible. A startup has only very little resources  to manage in a fast changing scenario. When you start it is like entering into a maze. Only that, here the patte...
Read more