To the Moon with nCent! I just finished a warm […]

To the Moon with nCent!
I just finished a warm fireside🔥chat with KK Jain, co-founder and Lead Developer of nCent, and this was their first public debut (they even brought their crypto-puppy). nCent is a decentralized protocol for incentive markets.

“Boost how we harness our collective talent, and you will boost every problem-solving effort on the planet.” — Douglas Engelbart

Here is our video: https://www.youtube.com/watch?v=KSQI9s4eJdM

nCent’s formation was inspired by the DARPA Red Balloon Challenge. They offered a $40K bounty to the first team to find 10 balloons scattered across America. Using a recursive incentive tree, the MIT team mobilized a large group of people to help in a small way, and they found all 10 balloons in under 9 hours! More info: https://medium.com/@kk_ncnt/10-lessons-i-learned-from-10-red-balloons-da844906dc57 and the company is at https://ncent.io

P.S. Brian Fox of Orchid also gave a great talk: https://www.crowdcast.io/e/hacksummit-2018/3 FD: I am an original investor in both companies.