Round 2 is complete and PaperclipDAO has obtained a Cryptopunk and some Meebit to boot! We acquired CryptoPunk #3744 (long known as the “Paperclip Punk”) and a portion of a Dissected Meebit from Calvin Liu who gets a 1/5 SE Earthen Concept Art Card and 400 $CLIP in return. Calvin, welcome to PaperclipDAO! 🖇

We just made our first trade! Paperclip DAO has swapped one $PAPER/$CLIP NFT for the 1/5 SE Earthen Concept Art Card offered by @bitcoinPalmer. Palmer welcome to PaperclipDAO! 🖇

In 2005, blogger Kyle MacDonald started with a paperclip and traded it for a pen, the first in an incredible series of trades that ended with him trading for a house. Items he traded for along the way include a hand-sculpted doorknob, a snowmobile, a year’s rent in Phoenix, and an afternoon with musician Alice Cooper.

You might know this nice fable recounted by David Foster Wallace in a famous commencement address:

Public Goods Problems and Coordination Problems describe some of the most fundamental and important challenges we face both in Web3 and the wider world. While they are related concepts, they are theoretically distinct. Is this a distinction without a difference? In this note we explore why game theorists and even behavioral economists (like one of your co-authors) make such a distinction. We will describe what the difference is and why it might matter.

The First Industrial Revolution (“IR 1”) is the famous one, occurring a little before the year 1800. It connected people with railroads and steamships and yet, despite its fame, it brought almost no growth:

From BlockScience and P1anck, best viewed via IPFS and/or Arweave.

The first Zero-Knowledge Analysis NFT was just auctioned off using the SplitStream mechanism. This NFT was from Harry Crane and Ryan Martin's independent data analysis of Planck's test of Seth's Appetite Theory. Half of the funds were then Split to the citations with one of those cited works (so far) splitting further. This is the SplitStream!

We have proposed a novel model for funding open innovation called the SplitStream. In addition to describing the model, we are also testing it live on a piece of open innovation in progress. Specifically we are auctioning off an NFT of an Independent Data Analysis from our test of Seth's Appetite Theory. This was conducted in part using a novel cryptographic method for open science called "Zero-Knowledge Data Analysis."