What if we could hardcode economics into the fabric of The Web to literally change the rules of the game to the benefit of citizens? Creating systems that are enhancing not extractive.

1. Convergence Economy
for Smart Cities
Creating enhancing not extractive systems

2. Founded in 2014
Offices in London & Toronto
Lead investor and advisor on Next Gen
protocols in ‘convergence’
Inc. IOTA, OCEAN, FETCH.AI, SOVRIN
People

3. Premise
What if we could hardcode economics into the
fabric of The Web to literally change the rules of the
game to the benefit of citizens?
Create systems that are enhancing not extractive

4. Existential Threat
B A I D U
A L I B A B A
T E N C E N T
F A C E B O O K
A M A Z O N
A P P L E
N E T F L I X
G O O G L E
Platform monopolies become data
monopolies, become AI monopolies

5. 360 of economic activity
Bots as next Web interface
Autonomous Systems (smart home,
energy grid, vehicles)
Adaptive Manufacturing (edge
production & responsive design)
HEALTH
MOBILITY
EGOVT
INDUSTRY FINTECH
Convergence
Economy

6. Web 3 Stack
Antidote
Distributed Ledger Technology
Digitally Scarce Assets
Smart Contracts
Autonomous Economic Agents

8. Web’s new biz model
Open source, tokenised, fractionalised
& liquid … crowdfunding 2.0
For universal open public utilities

9. Socio-economic
experiment
Building digital
economies not startups
Hardcode game theory
Incentivise /
disincentivise behaviors
Align stakeholders to
optimise system
Change rules of game

10. Evolutionary
Less Fragile
Cant be bought
Cant be killed

11. Creating codified standards like HTTP,
SMTP or GPS… both universal or to
scalespecificdeeptech
(sovrinidentity)

12. Network
Incentives
Mass Coordinate
Decentralisation
of The Web

13. Incentivise
distributed
networks to
contribute
resources to.. AI
compute power,
data, curation,
training, algos
OCEAN
PROTOCOL

14. Affordable &
secure IoT data
transfer & m2m
micro-payments
IOTA.ORG

15. Decentralised trusted
bot marketplace to co-
develop and co-own
multi-modal bots
SEEDTOKEN.IO

16. Secure the 3d
printing value
chain from CAD
to printer for
‘edge
manufacturing’
?

17. Self sovereign
identity & control
of relationships
and data between
people, objects &
agents
SOVRIN

19. Enable secure, mass
coordination for
multi-form
autonomous
systems & AEAs
FETCH.AI

20. Convergence Thesis
● Data Collection
● Authenticate,
validate & Secure
● Transport
● Marketplaces
● Process, Analyse &
Automate
www.outlierventures.io/research

21. Top
Down
Bottom
up
• Opportunity to challenge platform
monopolies & safeguard AI
• Ensure systems serve local citizens
• The future is smaller city states like
Dubai or Singapore (test-beds)
• Cities as contributors (data), users
and owners
• Attract innovators, high tech jobs
and capital
• Promise unparalleled growth from
economic engineering

22. @jamie247