If they are so different, will Blockchain “companies” grow faster? Not if they do not ditch their socialists models.

The global nature of the blockchain markets and its democratic openness towards almost every investor who makes her own decisions without the need to move to New York or Singapore to be in the center of the investment frenzy, has attracted many individuals from all parts of the planet. ​

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The minimal investment amounts of 1 USD or less on some ICOs, have made the market open for people with smaller incomes. Is it better for those investors to spend money in casinos, or on innovative projects that might change the world?

However, the core morals of blockchain seem to be working against it in the long run regarding the speed of the growth of the token economies. The unique cultural essence of blockchain start-ups that are giving a lot to investors inhibits their growth. The reason is that many blockchain start-ups, blinded by the spirit of the community have become socialist self-management communes without the libertarian part! Capitalism knows private incentive and rewards founders with salaries, not just equity. In the case of the blockchain, the majority of teams only get tokens as compensation.


Imagine if companies from the old conventional economy just gave shares to the management team instead of salaries they can use to buy goods with, and only give those shares in the first years of business. Then, the only way for founders to survive and still work on their blockchain start-up is to sale part of their stakes (tokens) in the companies to whose growth they need to contribute. Would founders be more motivated if they own fewer shares in their companies? Of course not!


Thus, the one minor obstacle to the better growth of most blockchain companies is the inability or reclusiveness of many founders and blockchain investors towards the imposing of code that is rewarding the team on a monthly or annual basis indefinitely or while they serve the blockchain smart contract development. The community can also participate in establishing these rewards with smart contracts and voting, but rewards from which founders can live conformably have to exist nevertheless, to prevent the team to sell its tokens that should serve as a motivation to grow the economy to the benefit of all participants.


So, in order for the blockchain revolution to work, founders need to be rewarded properly at least to the level of successful founders in the conventional economy. Less socialism, more libertarianism!