WEBVTT Kind: captions Language: en 00:00:05.070 --> 00:00:14.910 align:start position:0% [Music] 00:00:14.910 --> 00:00:14.920 align:start position:0% 00:00:14.920 --> 00:00:18.109 align:start position:0% [Music] 00:00:18.109 --> 00:00:18.119 align:start position:0% 00:00:18.119 --> 00:00:20.470 align:start position:0% cool<00:00:18.800> hello<00:00:19.080> everybody<00:00:19.800> I'm<00:00:20.000> presenting 00:00:20.470 --> 00:00:20.480 align:start position:0% cool hello everybody I'm presenting 00:00:20.480 --> 00:00:23.109 align:start position:0% cool hello everybody I'm presenting colony<00:00:21.480> colony<00:00:21.880> is<00:00:22.000> a<00:00:22.160> platform<00:00:22.720> for 00:00:23.109 --> 00:00:23.119 align:start position:0% colony colony is a platform for 00:00:23.119 --> 00:00:25.710 align:start position:0% colony colony is a platform for decentralized<00:00:23.800> autonomous<00:00:24.720> organizations 00:00:25.710 --> 00:00:25.720 align:start position:0% decentralized autonomous organizations 00:00:25.720 --> 00:00:28.349 align:start position:0% decentralized autonomous organizations the<00:00:25.880> goal<00:00:26.119> of<00:00:26.240> it<00:00:26.439> is<00:00:26.599> to<00:00:26.800> make<00:00:27.000> it<00:00:27.560> really<00:00:27.840> easy 00:00:28.349 --> 00:00:28.359 align:start position:0% the goal of it is to make it really easy 00:00:28.359 --> 00:00:30.429 align:start position:0% the goal of it is to make it really easy for<00:00:28.720> people<00:00:29.080> to<00:00:29.240> start<00:00:29.480> organizing<00:00:30.080> ations 00:00:30.429 --> 00:00:30.439 align:start position:0% for people to start organizing ations 00:00:30.439 --> 00:00:32.670 align:start position:0% for people to start organizing ations together<00:00:30.720> online<00:00:31.240> all<00:00:31.400> over<00:00:31.640> the 00:00:32.670 --> 00:00:32.680 align:start position:0% together online all over the 00:00:32.680 --> 00:00:34.830 align:start position:0% together online all over the world<00:00:33.680> um<00:00:33.960> so<00:00:34.160> the<00:00:34.320> problem<00:00:34.600> that<00:00:34.680> we're 00:00:34.830 --> 00:00:34.840 align:start position:0% world um so the problem that we're 00:00:34.840 --> 00:00:36.470 align:start position:0% world um so the problem that we're solving<00:00:35.360> is<00:00:35.480> that<00:00:35.719> lots<00:00:35.879> of<00:00:36.079> people<00:00:36.320> would 00:00:36.470 --> 00:00:36.480 align:start position:0% solving is that lots of people would 00:00:36.480 --> 00:00:38.590 align:start position:0% solving is that lots of people would like<00:00:36.640> to<00:00:36.760> be<00:00:36.960> involved<00:00:37.640> in<00:00:37.960> projects<00:00:38.399> but<00:00:38.520> the 00:00:38.590 --> 00:00:38.600 align:start position:0% like to be involved in projects but the 00:00:38.600 --> 00:00:40.310 align:start position:0% like to be involved in projects but the trouble<00:00:38.920> is<00:00:39.079> that<00:00:39.280> opportunity<00:00:39.879> is<00:00:40.039> pretty 00:00:40.310 --> 00:00:40.320 align:start position:0% trouble is that opportunity is pretty 00:00:40.320 --> 00:00:42.430 align:start position:0% trouble is that opportunity is pretty centralized<00:00:40.879> in<00:00:41.000> just<00:00:41.120> a<00:00:41.239> few<00:00:41.520> places<00:00:42.239> but 00:00:42.430 --> 00:00:42.440 align:start position:0% centralized in just a few places but 00:00:42.440 --> 00:00:44.549 align:start position:0% centralized in just a few places but actually<00:00:42.760> Talent<00:00:43.200> is<00:00:43.440> really<00:00:43.800> really 00:00:44.549 --> 00:00:44.559 align:start position:0% actually Talent is really really 00:00:44.559 --> 00:00:46.549 align:start position:0% actually Talent is really really distributed<00:00:45.559> so<00:00:45.760> it's<00:00:45.960> quite<00:00:46.320> difficult<00:00:46.440> for 00:00:46.549 --> 00:00:46.559 align:start position:0% distributed so it's quite difficult for 00:00:46.559 --> 00:00:47.709 align:start position:0% distributed so it's quite difficult for a<00:00:46.640> lot<00:00:46.760> of<00:00:46.840> people<00:00:47.000> to<00:00:47.079> get<00:00:47.199> involved<00:00:47.559> with 00:00:47.709 --> 00:00:47.719 align:start position:0% a lot of people to get involved with 00:00:47.719 --> 00:00:50.510 align:start position:0% a lot of people to get involved with things<00:00:48.480> other<00:00:48.680> than<00:00:48.879> open<00:00:49.199> source 00:00:50.510 --> 00:00:50.520 align:start position:0% things other than open source 00:00:50.520 --> 00:00:54.349 align:start position:0% things other than open source projects<00:00:51.520> um<00:00:52.120> and<00:00:52.320> secondly<00:00:53.079> it's<00:00:53.320> also<00:00:53.960> very 00:00:54.349 --> 00:00:54.359 align:start position:0% projects um and secondly it's also very 00:00:54.359 --> 00:00:55.630 align:start position:0% projects um and secondly it's also very difficult<00:00:54.440> to<00:00:54.559> manage<00:00:54.800> a<00:00:54.960> distributed 00:00:55.630 --> 00:00:55.640 align:start position:0% difficult to manage a distributed 00:00:55.640 --> 00:00:57.790 align:start position:0% difficult to manage a distributed Workforce<00:00:56.640> um<00:00:56.760> we're<00:00:56.920> seeing<00:00:57.239> more<00:00:57.440> and<00:00:57.600> more 00:00:57.790 --> 00:00:57.800 align:start position:0% Workforce um we're seeing more and more 00:00:57.800 --> 00:01:00.189 align:start position:0% Workforce um we're seeing more and more people<00:00:58.039> becoming<00:00:58.680> freelance<00:00:59.680> uh<00:01:00.039> it's 00:01:00.189 --> 00:01:00.199 align:start position:0% people becoming freelance uh it's 00:01:00.199 --> 00:01:03.150 align:start position:0% people becoming freelance uh it's reckoned<00:01:00.600> I<00:01:00.680> think<00:01:00.840> by<00:01:01.000> Forbes<00:01:01.519> that<00:01:02.079> by<00:01:02.320> 2020 00:01:03.150 --> 00:01:03.160 align:start position:0% reckoned I think by Forbes that by 2020 00:01:03.160 --> 00:01:05.189 align:start position:0% reckoned I think by Forbes that by 2020 as<00:01:03.280> much<00:01:03.399> as<00:01:03.600> 50%<00:01:04.080> of<00:01:04.199> the<00:01:04.320> US<00:01:04.559> Workforce<00:01:05.040> will 00:01:05.189 --> 00:01:05.199 align:start position:0% as much as 50% of the US Workforce will 00:01:05.199 --> 00:01:08.230 align:start position:0% as much as 50% of the US Workforce will be<00:01:05.720> uh<00:01:06.439> freelance<00:01:07.439> whilst<00:01:07.640> at<00:01:07.759> the<00:01:07.799> same<00:01:08.040> time 00:01:08.230 --> 00:01:08.240 align:start position:0% be uh freelance whilst at the same time 00:01:08.240 --> 00:01:10.190 align:start position:0% be uh freelance whilst at the same time more<00:01:08.400> companies<00:01:08.799> than<00:01:08.960> ever<00:01:09.159> are<00:01:09.280> growing<00:01:09.759> so 00:01:10.190 --> 00:01:10.200 align:start position:0% more companies than ever are growing so 00:01:10.200 --> 00:01:12.469 align:start position:0% more companies than ever are growing so I<00:01:10.280> feel<00:01:10.560> that<00:01:10.720> there'll<00:01:10.960> either<00:01:11.240> be<00:01:12.000> a<00:01:12.159> huge 00:01:12.469 --> 00:01:12.479 align:start position:0% I feel that there'll either be a huge 00:01:12.479 --> 00:01:14.469 align:start position:0% I feel that there'll either be a huge growth<00:01:12.880> in<00:01:13.080> project<00:01:13.360> management<00:01:13.720> as<00:01:13.840> a<00:01:13.960> role 00:01:14.469 --> 00:01:14.479 align:start position:0% growth in project management as a role 00:01:14.479 --> 00:01:16.390 align:start position:0% growth in project management as a role or<00:01:14.720> software<00:01:15.119> is<00:01:15.240> going<00:01:15.360> to<00:01:15.520> need<00:01:15.680> to<00:01:15.960> mediate 00:01:16.390 --> 00:01:16.400 align:start position:0% or software is going to need to mediate 00:01:16.400 --> 00:01:18.590 align:start position:0% or software is going to need to mediate those<00:01:16.920> relationships<00:01:17.920> and<00:01:18.400> that's 00:01:18.590 --> 00:01:18.600 align:start position:0% those relationships and that's 00:01:18.600 --> 00:01:21.510 align:start position:0% those relationships and that's essentially<00:01:18.960> what<00:01:19.119> colony<00:01:20.000> does<00:01:21.000> so<00:01:21.280> our 00:01:21.510 --> 00:01:21.520 align:start position:0% essentially what colony does so our 00:01:21.520 --> 00:01:24.429 align:start position:0% essentially what colony does so our solution<00:01:22.119> is<00:01:22.400> a<00:01:22.600> platform<00:01:23.360> that<00:01:23.720> enables 00:01:24.429 --> 00:01:24.439 align:start position:0% solution is a platform that enables 00:01:24.439 --> 00:01:27.469 align:start position:0% solution is a platform that enables people<00:01:24.920> to<00:01:25.439> contribute<00:01:25.920> to<00:01:26.240> projects<00:01:27.240> that 00:01:27.469 --> 00:01:27.479 align:start position:0% people to contribute to projects that 00:01:27.479 --> 00:01:31.190 align:start position:0% people to contribute to projects that they<00:01:27.840> find<00:01:28.560> exciting<00:01:29.560> and<00:01:30.400> yeah<00:01:30.560> essentially 00:01:31.190 --> 00:01:31.200 align:start position:0% they find exciting and yeah essentially 00:01:31.200 --> 00:01:33.350 align:start position:0% they find exciting and yeah essentially what<00:01:31.400> if<00:01:31.840> you<00:01:32.000> could<00:01:32.240> contribute<00:01:32.720> to<00:01:32.960> your 00:01:33.350 --> 00:01:33.360 align:start position:0% what if you could contribute to your 00:01:33.360 --> 00:01:35.510 align:start position:0% what if you could contribute to your your<00:01:33.720> your<00:01:33.920> time<00:01:34.159> to<00:01:34.439> projects<00:01:35.040> and<00:01:35.200> earn 00:01:35.510 --> 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possible<00:01:43.920> to 00:01:44.109 --> 00:01:44.119 align:start position:0% money so Colony makes it possible to 00:01:44.119 --> 00:01:46.149 align:start position:0% money so Colony makes it possible to have<00:01:44.360> efficient<00:01:44.920> decentralized 00:01:46.149 --> 00:01:46.159 align:start position:0% have efficient decentralized 00:01:46.159 --> 00:01:48.429 align:start position:0% have efficient decentralized organizations<00:01:47.159> by<00:01:47.399> removing<00:01:47.880> the<00:01:48.040> need<00:01:48.200> for 00:01:48.429 --> 00:01:48.439 align:start position:0% organizations by removing the need for 00:01:48.439 --> 00:01:50.590 align:start position:0% organizations by removing the need for hierarchical<00:01:49.159> management<00:01:50.159> and<00:01:50.280> we<00:01:50.399> think 00:01:50.590 --> 00:01:50.600 align:start position:0% hierarchical management and we think 00:01:50.600 --> 00:01:52.590 align:start position:0% hierarchical management and we think that<00:01:50.759> what<00:01:50.920> this<00:01:51.040> is<00:01:51.200> going<00:01:51.439> to<00:01:51.759> mean<00:01:52.159> is<00:01:52.399> that 00:01:52.590 --> 00:01:52.600 align:start position:0% that what this is going to mean is that 00:01:52.600 --> 00:01:55.350 align:start position:0% that what this is going to mean is that it<00:01:52.719> will<00:01:52.960> be<00:01:53.159> able<00:01:53.399> to<00:01:53.640> exist<00:01:54.200> as<00:01:54.280> a<00:01:54.520> sort<00:01:54.680> of 00:01:55.350 --> 00:01:55.360 align:start position:0% it will be able to exist as a sort of 00:01:55.360 --> 00:01:57.389 align:start position:0% it will be able to exist as a sort of aggregation<00:01:56.039> platform<00:01:56.600> that<00:01:56.719> enables<00:01:57.200> people 00:01:57.389 --> 00:01:57.399 align:start position:0% aggregation platform that enables people 00:01:57.399 --> 00:02:01.590 align:start position:0% aggregation platform that enables people to<00:01:57.560> do<00:01:57.960> all<00:01:58.159> sorts<00:01:58.439> of<00:01:59.119> kinds<00:01:59.280> of<00:01:59.439> projects 00:02:01.590 --> 00:02:01.600 align:start position:0% to do all sorts of kinds of projects 00:02:01.600 --> 00:02:04.950 align:start position:0% to do all sorts of kinds of projects online<00:02:02.600> so<00:02:03.159> so<00:02:03.360> the<00:02:03.439> way<00:02:03.600> that<00:02:03.799> works<00:02:04.360> is<00:02:04.680> that 00:02:04.950 --> 00:02:04.960 align:start position:0% online so so the way that works is that 00:02:04.960 --> 00:02:07.590 align:start position:0% online so so the way that works is that rather<00:02:05.240> than<00:02:05.399> it<00:02:05.520> being<00:02:05.799> managers<00:02:06.479> who<00:02:07.240> set 00:02:07.590 --> 00:02:07.600 align:start position:0% rather than it being managers who set 00:02:07.600 --> 00:02:11.750 align:start position:0% rather than it being managers who set tasks<00:02:08.399> and<00:02:08.759> assess<00:02:09.160> work<00:02:09.840> and<00:02:10.239> divide<00:02:10.760> labor 00:02:11.750 --> 00:02:11.760 align:start position:0% tasks and assess work and divide labor 00:02:11.760 --> 00:02:14.550 align:start position:0% tasks and assess work and divide labor the<00:02:11.959> system<00:02:12.360> helps<00:02:12.720> people<00:02:13.000> do<00:02:13.280> that<00:02:14.239> by 00:02:14.550 --> 00:02:14.560 align:start position:0% the system helps people do that by 00:02:14.560 --> 00:02:16.229 align:start position:0% the system helps people do that by aggregating<00:02:15.120> the<00:02:15.239> collective<00:02:15.599> intelligence 00:02:16.229 --> 00:02:16.239 align:start position:0% aggregating the collective intelligence 00:02:16.239 --> 00:02:18.270 align:start position:0% aggregating the collective intelligence of<00:02:16.519> of<00:02:16.680> lots<00:02:16.879> of<00:02:17.080> people<00:02:17.360> who<00:02:17.480> know<00:02:17.760> about<00:02:18.040> very 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making<00:02:36.319> decisions<00:02:36.760> about 00:02:36.990 --> 00:02:37.000 align:start position:0% organization uh making decisions about 00:02:37.000 --> 00:02:39.589 align:start position:0% organization uh making decisions about other<00:02:37.200> people's<00:02:37.599> suggestions<00:02:38.599> doing<00:02:39.319> pieces 00:02:39.589 --> 00:02:39.599 align:start position:0% other people's suggestions doing pieces 00:02:39.599 --> 00:02:41.670 align:start position:0% other people's suggestions doing pieces of<00:02:39.840> work<00:02:40.239> and<00:02:40.640> providing 00:02:41.670 --> 00:02:41.680 align:start position:0% of work and providing 00:02:41.680 --> 00:02:44.190 align:start position:0% of work and providing feedback<00:02:42.680> um<00:02:42.959> and<00:02:43.120> what<00:02:43.400> the<00:02:43.640> the<00:02:43.760> system<00:02:44.040> is 00:02:44.190 --> 00:02:44.200 align:start position:0% feedback um and what the the system is 00:02:44.200 --> 00:02:45.990 align:start position:0% feedback um and what the the system is doing<00:02:44.480> while<00:02:44.680> people<00:02:44.879> are<00:02:45.040> doing<00:02:45.280> that<00:02:45.519> is 00:02:45.990 --> 00:02:46.000 align:start position:0% doing while people are doing that is 00:02:46.000 --> 00:02:48.070 align:start position:0% doing while people are doing that is essentially<00:02:46.480> assessing<00:02:47.400> what<00:02:47.560> they<00:02:47.720> are<00:02:47.959> what 00:02:48.070 --> 00:02:48.080 align:start position:0% essentially assessing what they are what 00:02:48.080 --> 00:02:51.350 align:start position:0% essentially assessing what they are what they<00:02:48.200> are<00:02:48.319> up<00:02:48.519> to<00:02:49.400> so<00:02:50.080> for<00:02:50.519> every<00:02:50.800> interaction 00:02:51.350 --> 00:02:51.360 align:start position:0% they are up to so for every interaction 00:02:51.360 --> 00:02:53.430 align:start position:0% they are up to so for every interaction that<00:02:51.480> you<00:02:51.640> make<00:02:51.920> the<00:02:52.080> system<00:02:52.360> scores<00:02:52.879> you 00:02:53.430 --> 00:02:53.440 align:start position:0% that you make the system scores you 00:02:53.440 --> 00:02:56.750 align:start position:0% that you make the system scores you against<00:02:54.440> other<00:02:54.720> people<00:02:55.239> it<00:02:55.400> Compares<00:02:55.879> you 00:02:56.750 --> 00:02:56.760 align:start position:0% against other people it Compares you 00:02:56.760 --> 00:03:00.390 align:start position:0% against other people it Compares you with<00:02:57.360> the<00:02:58.000> uh<00:02:58.280> the<00:02:59.280> um<00:02:59.400> reputation<00:02:59.920> ations<00:03:00.159> of 00:03:00.390 --> 00:03:00.400 align:start position:0% with the uh the um reputation ations of 00:03:00.400 --> 00:03:02.790 align:start position:0% with the uh the um reputation ations of everybody<00:03:00.800> else<00:03:01.400> who's<00:03:02.080> interacting<00:03:02.640> with 00:03:02.790 --> 00:03:02.800 align:start position:0% everybody else who's interacting with 00:03:02.800 --> 00:03:03.589 align:start position:0% everybody else who's interacting with that 00:03:03.589 --> 00:03:03.599 align:start position:0% that 00:03:03.599 --> 00:03:06.550 align:start position:0% that system<00:03:04.599> and<00:03:04.799> contribut<00:03:05.680> contributions<00:03:06.360> are 00:03:06.550 --> 00:03:06.560 align:start position:0% system and contribut contributions are 00:03:06.560 --> 00:03:09.190 align:start position:0% system and contribut contributions are weighted<00:03:07.000> according<00:03:07.480> to<00:03:08.239> the<00:03:08.680> value<00:03:09.040> that 00:03:09.190 --> 00:03:09.200 align:start position:0% weighted according to the value that 00:03:09.200 --> 00:03:11.949 align:start position:0% weighted according to the value that they've<00:03:09.440> added<00:03:10.440> and<00:03:10.720> necta<00:03:11.319> which<00:03:11.440> is<00:03:11.560> a<00:03:11.760> sort 00:03:11.949 --> 00:03:11.959 align:start position:0% they've added and necta which is a sort 00:03:11.959 --> 00:03:14.190 align:start position:0% they've added and necta which is a sort of<00:03:12.159> token<00:03:12.599> which<00:03:12.799> indicates<00:03:13.360> ownership<00:03:14.000> sort 00:03:14.190 --> 00:03:14.200 align:start position:0% of token which indicates ownership sort 00:03:14.200 --> 00:03:16.830 align:start position:0% of token which indicates ownership sort of<00:03:14.360> like<00:03:14.760> Equity<00:03:15.760> um<00:03:16.000> is<00:03:16.200> distributed 00:03:16.830 --> 00:03:16.840 align:start position:0% of like Equity um is distributed 00:03:16.840 --> 00:03:17.990 align:start position:0% of like Equity um is distributed proportionate<00:03:17.319> to<00:03:17.440> the<00:03:17.560> value<00:03:17.840> that 00:03:17.990 --> 00:03:18.000 align:start position:0% proportionate to the value that 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everything 00:03:28.149 --> 00:03:28.159 align:start position:0% as such we don't want to do everything 00:03:28.159 --> 00:03:30.670 align:start position:0% as such we don't want to do everything so<00:03:28.879> it<00:03:29.000> will<00:03:29.239> be<00:03:29.799> will<00:03:29.920> be<00:03:30.000> able<00:03:30.159> to<00:03:30.280> integrate 00:03:30.670 --> 00:03:30.680 align:start position:0% so it will be will be able to integrate 00:03:30.680 --> 00:03:32.869 align:start position:0% so it will be will be able to integrate it<00:03:30.879> with<00:03:31.280> all<00:03:31.560> the<00:03:32.000> kind<00:03:32.159> of<00:03:32.280> softwares<00:03:32.760> that 00:03:32.869 --> 00:03:32.879 align:start position:0% it with all the kind of softwares that 00:03:32.879 --> 00:03:34.589 align:start position:0% it with all the kind of softwares that you<00:03:33.000> know<00:03:33.159> and<00:03:33.319> love<00:03:33.680> so<00:03:33.920> far<00:03:34.200> we've<00:03:34.400> already 00:03:34.589 --> 00:03:34.599 align:start position:0% you know and love so far we've already 00:03:34.599 --> 00:03:36.949 align:start position:0% you know and love so far we've already done<00:03:35.080> GitHub<00:03:36.080> and<00:03:36.200> I'll<00:03:36.400> get<00:03:36.519> into<00:03:36.760> that<00:03:36.879> when 00:03:36.949 --> 00:03:36.959 align:start position:0% done GitHub and I'll get into that when 00:03:36.959 --> 00:03:39.070 align:start position:0% done GitHub and I'll get into that when I<00:03:37.080> do<00:03:37.200> a<00:03:37.319> demo<00:03:38.200> um<00:03:38.319> and<00:03:38.439> there'll<00:03:38.640> also<00:03:38.799> be<00:03:38.920> an 00:03:39.070 --> 00:03:39.080 align:start position:0% I do a demo um and there'll also be an 00:03:39.080 --> 00:03:41.710 align:start position:0% I do a demo um and there'll also be an API<00:03:39.560> so<00:03:39.879> you<00:03:39.959> can<00:03:40.560> use<00:03:40.720> it<00:03:40.840> for<00:03:41.000> whatever<00:03:41.280> you 00:03:41.710 --> 00:03:41.720 align:start position:0% API so you can use it for whatever you 00:03:41.720 --> 00:03:44.149 align:start position:0% API so you can use it for whatever you wish<00:03:42.720> there'll<00:03:42.959> be<00:03:43.280> two<00:03:43.480> different<00:03:43.720> models 00:03:44.149 --> 00:03:44.159 align:start position:0% wish there'll be two different models 00:03:44.159 --> 00:03:46.190 align:start position:0% wish there'll be two different models they<00:03:44.360> can<00:03:44.879> kind<00:03:45.000> of<00:03:45.080> like<00:03:45.239> GitHub<00:03:46.000> uh<00:03:46.120> the 00:03:46.190 --> 00:03:46.200 align:start position:0% they can kind of like GitHub uh the 00:03:46.200 --> 00:03:48.710 align:start position:0% they can kind of like GitHub uh the community<00:03:46.640> version<00:03:46.920> is<00:03:47.080> free<00:03:47.400> open<00:03:47.760> source<00:03:48.519> uh 00:03:48.710 --> 00:03:48.720 align:start position:0% community version is free open source uh 00:03:48.720 --> 00:03:51.229 align:start position:0% community version is free open source uh anybody<00:03:49.120> can<00:03:49.519> contribute<00:03:50.040> to<00:03:50.200> it<00:03:50.560> well 00:03:51.229 --> 00:03:51.239 align:start position:0% anybody can contribute to it well 00:03:51.239 --> 00:03:52.470 align:start position:0% anybody can contribute to it well anybody<00:03:51.560> can<00:03:51.720> contribute<00:03:52.120> that's<00:03:52.319> been 00:03:52.470 --> 00:03:52.480 align:start position:0% anybody can contribute that's been 00:03:52.480 --> 00:03:54.949 align:start position:0% anybody can contribute that's been invited<00:03:52.840> to<00:03:53.040> join<00:03:53.280> the<00:03:53.400> colony<00:03:54.200> and<00:03:54.360> it's<00:03:54.599> open 00:03:54.949 --> 00:03:54.959 align:start position:0% invited to join the colony and it's open 00:03:54.959 --> 00:03:56.869 align:start position:0% invited to join the colony and it's open competition<00:03:55.879> uh<00:03:56.000> there'll<00:03:56.200> also<00:03:56.400> be<00:03:56.480> a<00:03:56.599> paid 00:03:56.869 --> 00:03:56.879 align:start position:0% competition uh there'll also be a paid 00:03:56.879 --> 00:03:58.830 align:start position:0% competition uh there'll also be a paid version<00:03:57.239> which<00:03:57.360> is<00:03:57.480> more<00:03:57.720> for<00:03:58.239> traditional 00:03:58.830 --> 00:03:58.840 align:start position:0% version which is more for traditional 00:03:58.840 --> 00:04:01.869 align:start position:0% version which is more for traditional organizations<00:03:59.519> that<00:03:59.840> want<00:04:00.040> to<00:04:00.840> become<00:04:01.120> more 00:04:01.869 --> 00:04:01.879 align:start position:0% organizations that want to become more 00:04:01.879 --> 00:04:04.030 align:start position:0% organizations that want to become more self-organizing<00:04:02.879> um<00:04:03.239> and<00:04:03.519> become<00:04:03.799> more 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--> 00:04:25.390 align:start position:0% so uh this looks a bit odd but cool um<00:04:22.280> is<00:04:22.400> that<00:04:22.560> going<00:04:22.639> to 00:04:25.390 --> 00:04:25.400 align:start position:0% 00:04:25.400 --> 00:04:28.830 align:start position:0% help<00:04:26.400> that's<00:04:26.520> a<00:04:26.639> bit<00:04:26.960> better<00:04:27.960> okay<00:04:28.360> so<00:04:28.680> I'll 00:04:28.830 --> 00:04:28.840 align:start position:0% help that's a bit better okay so I'll 00:04:28.840 --> 00:04:30.270 align:start position:0% help that's a bit better okay so I'll just<00:04:29.000> guide<00:04:29.199> you<00:04:29.360> through<00:04:29.560> the<00:04:29.840> the<00:04:30.120> uh 00:04:30.270 --> 00:04:30.280 align:start position:0% just guide you through the the uh 00:04:30.280 --> 00:04:32.670 align:start position:0% just guide you through the the uh through<00:04:30.479> the<00:04:30.800> interface<00:04:31.800> so<00:04:32.080> at<00:04:32.160> the<00:04:32.320> very<00:04:32.520> top 00:04:32.670 --> 00:04:32.680 align:start position:0% through the interface so at the very top 00:04:32.680 --> 00:04:34.629 align:start position:0% through the interface so at the very top you've<00:04:32.880> got<00:04:33.120> the<00:04:33.400> the<00:04:33.479> dude's<00:04:33.800> Avatar<00:04:34.440> so<00:04:34.560> if 00:04:34.629 --> 00:04:34.639 align:start position:0% you've got the the dude's Avatar so if 00:04:34.639 --> 00:04:36.670 align:start position:0% you've got the the dude's Avatar so if we<00:04:34.759> click<00:04:34.960> on<00:04:35.080> that<00:04:35.199> it's<00:04:35.320> going<00:04:35.400> to<00:04:35.520> open<00:04:35.720> his 00:04:36.670 --> 00:04:36.680 align:start position:0% we click on that it's going to open his 00:04:36.680 --> 00:04:39.710 align:start position:0% we click on that it's going to open his profile<00:04:37.680> pretty<00:04:37.919> standard<00:04:38.360> really<00:04:38.919> but<00:04:39.560> the 00:04:39.710 --> 00:04:39.720 align:start position:0% profile pretty standard really but the 00:04:39.720 --> 00:04:41.990 align:start position:0% profile pretty standard really but the important<00:04:40.120> thing<00:04:40.440> here<00:04:40.720> is<00:04:40.919> that<00:04:41.080> you<00:04:41.240> can<00:04:41.560> add 00:04:41.990 --> 00:04:42.000 align:start position:0% important thing here is that you can add 00:04:42.000 --> 00:04:43.950 align:start position:0% important thing here is that you can add tags<00:04:42.440> add<00:04:42.680> your<00:04:42.960> skills<00:04:43.280> and<00:04:43.440> interest<00:04:43.800> so 00:04:43.950 --> 00:04:43.960 align:start position:0% tags add your skills and interest so 00:04:43.960 --> 00:04:45.230 align:start position:0% tags add your skills and interest so that's<00:04:44.199> really<00:04:44.400> the<00:04:44.520> most<00:04:44.759> important<00:04:45.080> thing 00:04:45.230 --> 00:04:45.240 align:start position:0% that's really the most important thing 00:04:45.240 --> 00:04:46.870 align:start position:0% that's really the most important thing that<00:04:45.320> you<00:04:45.440> do<00:04:45.680> when<00:04:45.800> you<00:04:45.960> first<00:04:46.400> start<00:04:46.680> the 00:04:46.870 --> 00:04:46.880 align:start position:0% that you do when you first start the 00:04:46.880 --> 00:04:49.870 align:start position:0% that you do when you first start the platform<00:04:47.880> you<00:04:48.360> add<00:04:48.600> whatever<00:04:49.560> things<00:04:49.759> you 00:04:49.870 --> 00:04:49.880 align:start position:0% platform you add whatever things you 00:04:49.880 --> 00:04:51.790 align:start position:0% platform you add whatever things you might<00:04:50.039> be<00:04:50.199> skilled<00:04:50.639> at<00:04:50.960> in<00:04:51.199> as<00:04:51.320> granular 00:04:51.790 --> 00:04:51.800 align:start position:0% might be skilled at in as granular 00:04:51.800 --> 00:04:54.590 align:start position:0% might be skilled at in as granular detail<00:04:52.199> as<00:04:52.360> possible<00:04:52.759> because<00:04:53.120> that<00:04:53.280> is<00:04:53.600> how 00:04:54.590 --> 00:04:54.600 align:start position:0% detail as possible because that is how 00:04:54.600 --> 00:04:57.390 align:start position:0% detail as possible because that is how you<00:04:55.320> get<00:04:56.080> stuff<00:04:56.320> gets<00:04:56.520> rooted<00:04:56.880> to<00:04:57.000> you<00:04:57.160> within 00:04:57.390 --> 00:04:57.400 align:start position:0% you get stuff gets rooted to you within 00:04:57.400 --> 00:04:58.430 align:start position:0% you get stuff gets rooted to you within your 00:04:58.430 --> 00:04:58.440 align:start position:0% your 00:04:58.440 --> 00:05:02.350 align:start position:0% your Colony<00:04:59.440> so<00:04:59.720> so<00:04:59.880> this<00:05:00.080> guy<00:05:01.000> some<00:05:01.199> kind<00:05:01.320> of 00:05:02.350 --> 00:05:02.360 align:start position:0% Colony so so this guy some kind of 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the<00:05:12.120> platform<00:05:12.479> and 00:05:12.590 --> 00:05:12.600 align:start position:0% things that they do on the platform and 00:05:12.600 --> 00:05:14.830 align:start position:0% things that they do on the platform and in<00:05:12.720> what<00:05:12.919> proportions<00:05:13.919> so<00:05:14.120> it's<00:05:14.479> making 00:05:14.830 --> 00:05:14.840 align:start position:0% in what proportions so it's making 00:05:14.840 --> 00:05:16.110 align:start position:0% in what proportions so it's making suggestions<00:05:15.360> about<00:05:15.600> things<00:05:15.800> that<00:05:15.960> think 00:05:16.110 --> 00:05:16.120 align:start position:0% suggestions about things that think 00:05:16.120 --> 00:05:19.189 align:start position:0% suggestions about things that think should<00:05:16.600> happen<00:05:17.600> making<00:05:18.000> decisions<00:05:18.880> giving 00:05:19.189 --> 00:05:19.199 align:start position:0% should happen making decisions giving 00:05:19.199 --> 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their<00:05:26.639> it's<00:05:26.840> indicative<00:05:27.319> in<00:05:27.479> a<00:05:27.560> single<00:05:27.840> figure 00:05:28.150 --> 00:05:28.160 align:start position:0% their it's indicative in a single figure 00:05:28.160 --> 00:05:31.070 align:start position:0% their it's indicative in a single figure of<00:05:28.280> their<00:05:28.440> overall<00:05:28.880> competence<00:05:30.000> so<00:05:30.880> that 00:05:31.070 --> 00:05:31.080 align:start position:0% of their overall competence so that 00:05:31.080 --> 00:05:33.550 align:start position:0% of their overall competence so that level<00:05:31.440> increases<00:05:32.000> over<00:05:32.280> time<00:05:32.720> based<00:05:33.000> on<00:05:33.400> the 00:05:33.550 --> 00:05:33.560 align:start position:0% level increases over time based on the 00:05:33.560 --> 00:05:35.029 align:start position:0% level increases over time based on the amount<00:05:33.759> of<00:05:33.919> stuff<00:05:34.160> that<00:05:34.319> they've<00:05:34.520> done<00:05:34.880> and 00:05:35.029 --> 00:05:35.039 align:start position:0% amount of stuff that they've done and 00:05:35.039 --> 00:05:36.830 align:start position:0% amount of stuff that they've done and how<00:05:35.199> good<00:05:35.360> they<00:05:35.479> are<00:05:35.639> at<00:05:35.800> doing<00:05:36.039> it<00:05:36.520> so<00:05:36.680> to 00:05:36.830 --> 00:05:36.840 align:start position:0% how good they are at doing it so to 00:05:36.840 --> 00:05:38.590 align:start position:0% how good they are at doing it so to begin<00:05:37.080> with<00:05:37.240> it's<00:05:37.400> purely<00:05:37.759> quantitative<00:05:38.440> it's 00:05:38.590 --> 00:05:38.600 align:start position:0% begin with it's purely quantitative it's 00:05:38.600 --> 00:05:40.469 align:start position:0% begin with it's purely quantitative it's just<00:05:38.759> about<00:05:39.039> how<00:05:39.240> much<00:05:39.440> stuff<00:05:39.639> they've<00:05:39.840> done 00:05:40.469 --> 00:05:40.479 align:start position:0% just about how much stuff they've done 00:05:40.479 --> 00:05:42.029 align:start position:0% just about how much stuff they've done but<00:05:40.600> then<00:05:40.800> over<00:05:41.039> time<00:05:41.280> it<00:05:41.440> becomes<00:05:41.800> actually 00:05:42.029 --> 00:05:42.039 align:start position:0% but then over time it becomes actually 00:05:42.039 --> 00:05:43.670 align:start position:0% but then over time it becomes actually about<00:05:42.280> how<00:05:42.479> skilled<00:05:42.840> they<00:05:42.919> are<00:05:43.120> so<00:05:43.280> if<00:05:43.360> we<00:05:43.479> go 00:05:43.670 --> 00:05:43.680 align:start position:0% about how skilled they are so if we go 00:05:43.680 --> 00:05:46.430 align:start position:0% about how skilled they are so if we go back<00:05:43.840> to<00:05:44.400> this<00:05:44.919> profile<00:05:45.919> next<00:05:46.120> to<00:05:46.280> their 00:05:46.430 --> 00:05:46.440 align:start position:0% back to this profile next to their 00:05:46.440 --> 00:05:48.670 align:start position:0% back to this profile next to their skills<00:05:46.759> we've<00:05:46.880> got<00:05:47.000> all<00:05:47.120> these<00:05:47.440> numbers<00:05:48.440> and 00:05:48.670 --> 00:05:48.680 align:start position:0% skills we've got all these numbers and 00:05:48.680 --> 00:05:51.749 align:start position:0% skills we've got all these numbers and these<00:05:49.280> uh<00:05:49.479> these<00:05:49.639> are<00:05:50.000> their<00:05:50.840> skill<00:05:51.319> profile 00:05:51.749 --> 00:05:51.759 align:start position:0% these uh these are their skill profile 00:05:51.759 --> 00:05:54.150 align:start position:0% these uh these are their skill profile for<00:05:52.039> that<00:05:52.319> specific 00:05:54.150 --> 00:05:54.160 align:start position:0% for that specific 00:05:54.160 --> 00:05:55.790 align:start position:0% for that specific thing 00:05:55.790 --> 00:05:55.800 align:start position:0% thing 00:05:55.800 --> 00:05:58.629 align:start position:0% thing um<00:05:56.800> so<00:05:57.360> as<00:05:57.440> you<00:05:57.560> get<00:05:57.680> to<00:05:57.880> higher<00:05:58.120> levels<00:05:58.440> it's 00:05:58.629 --> 00:05:58.639 align:start position:0% um so as you get to higher levels it's 00:05:58.639 --> 00:06:01.189 align:start position:0% um so as you get to higher levels it's about<00:05:59.120> like<00:05:59.400> I<00:05:59.639> are<00:05:59.720> you<00:05:59.840> in<00:05:59.960> the<00:06:00.120> top<00:06:00.639> 10th 00:06:01.189 --> 00:06:01.199 align:start position:0% about like I are you in the top 10th 00:06:01.199 --> 00:06:03.390 align:start position:0% about like I are you in the top 10th 10th<00:06:01.520> percentile<00:06:02.160> for<00:06:02.600> a<00:06:02.840> skill<00:06:03.120> are<00:06:03.199> you<00:06:03.319> in 00:06:03.390 --> 00:06:03.400 align:start position:0% 10th percentile for a skill are you in 00:06:03.400 --> 00:06:05.150 align:start position:0% 10th percentile for a skill are you in the<00:06:03.520> top<00:06:03.680> fifth<00:06:03.919> percentile<00:06:04.400> for<00:06:04.600> 10<00:06:04.840> skills 00:06:05.150 --> 00:06:05.160 align:start position:0% the top fifth percentile for 10 skills 00:06:05.160 --> 00:06:07.230 align:start position:0% the top fifth percentile for 10 skills and<00:06:05.600> the<00:06:05.759> higher<00:06:06.039> the<00:06:06.199> level<00:06:06.560> becomes<00:06:07.160> the 00:06:07.230 --> 00:06:07.240 align:start position:0% and the higher the level becomes the 00:06:07.240 --> 00:06:10.189 align:start position:0% and the higher the level becomes the more<00:06:07.720> difficult<00:06:07.840> it<00:06:07.919> becomes<00:06:08.199> to<00:06:08.319> get<00:06:08.440> there 00:06:10.189 --> 00:06:10.199 align:start position:0% more difficult it becomes to get there 00:06:10.199 --> 00:06:12.710 align:start position:0% more difficult it becomes to get there obviously<00:06:11.199> so<00:06:11.440> beneath<00:06:11.880> the<00:06:12.039> profile<00:06:12.479> we've 00:06:12.710 --> 00:06:12.720 align:start position:0% obviously so beneath the profile we've 00:06:12.720 --> 00:06:14.870 align:start position:0% obviously so beneath the profile we've got<00:06:13.160> um<00:06:13.560> we've<00:06:13.759> got<00:06:13.880> the<00:06:14.000> tokens<00:06:14.479> so<00:06:14.680> there's 00:06:14.870 --> 00:06:14.880 align:start position:0% got um we've got the tokens so there's 00:06:14.880 --> 00:06:16.629 align:start position:0% got um we've got the tokens so there's two<00:06:15.120> tokens<00:06:15.599> within<00:06:15.880> Colony<00:06:16.280> you've<00:06:16.440> got 00:06:16.629 --> 00:06:16.639 align:start position:0% two tokens within Colony you've got 00:06:16.639 --> 00:06:19.350 align:start position:0% two tokens within Colony you've got pollen<00:06:17.520> which<00:06:17.680> is<00:06:18.240> essentially<00:06:18.720> like<00:06:18.840> a<00:06:18.960> fuel 00:06:19.350 --> 00:06:19.360 align:start position:0% pollen which is essentially like a fuel 00:06:19.360 --> 00:06:21.070 align:start position:0% pollen which is essentially like a fuel it's<00:06:19.560> used<00:06:19.800> or<00:06:20.080> or<00:06:20.199> a<00:06:20.280> currency<00:06:20.639> is<00:06:20.759> used<00:06:20.960> to 00:06:21.070 --> 00:06:21.080 align:start position:0% it's used or or a currency is used to 00:06:21.080 --> 00:06:23.189 align:start position:0% it's used or or a currency is used to pay<00:06:21.240> for<00:06:21.479> everything<00:06:21.880> you<00:06:22.039> do<00:06:22.639> so<00:06:22.800> if<00:06:22.880> you<00:06:23.039> make 00:06:23.189 --> 00:06:23.199 align:start position:0% pay for everything you do so if you make 00:06:23.199 --> 00:06:25.110 align:start position:0% pay for everything you do so if you make a<00:06:23.360> suggestion<00:06:23.840> it<00:06:24.000> cost<00:06:24.240> you<00:06:24.319> some<00:06:24.520> pollen<00:06:25.080> if 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that<00:06:36.080> was<00:06:36.360> accepted<00:06:37.319> then<00:06:37.560> not 00:06:37.670 --> 00:06:37.680 align:start position:0% suggestion that was accepted then not 00:06:37.680 --> 00:06:38.710 align:start position:0% suggestion that was accepted then not only<00:06:37.840> you're<00:06:37.960> going<00:06:38.039> to<00:06:38.120> get<00:06:38.240> your<00:06:38.400> pollen 00:06:38.710 --> 00:06:38.720 align:start position:0% only you're going to get your pollen 00:06:38.720 --> 00:06:40.110 align:start position:0% only you're going to get your pollen back<00:06:38.919> so<00:06:39.080> you<00:06:39.199> can<00:06:39.319> do<00:06:39.479> something<00:06:39.759> else<00:06:39.960> with 00:06:40.110 --> 00:06:40.120 align:start position:0% back so you can do something else with 00:06:40.120 --> 00:06:43.270 align:start position:0% back so you can do something else with it<00:06:40.759> but<00:06:41.199> also<00:06:42.199> um<00:06:42.479> you're<00:06:42.680> going<00:06:42.759> to<00:06:42.880> earn<00:06:43.120> some 00:06:43.270 --> 00:06:43.280 align:start position:0% it but also um you're going to earn some 00:06:43.280 --> 00:06:45.830 align:start position:0% it but also um you're going to earn some nectar<00:06:43.919> and<00:06:44.080> nectar<00:06:44.479> is<00:06:44.680> like<00:06:45.080> ownership<00:06:45.720> of 00:06:45.830 --> 00:06:45.840 align:start position:0% nectar and nectar is like ownership of 00:06:45.840 --> 00:06:48.510 align:start position:0% nectar and nectar is like ownership of the<00:06:45.960> colony<00:06:46.520> sort<00:06:46.720> of<00:06:46.880> like<00:06:47.160> Equity<00:06:47.639> although 00:06:48.510 --> 00:06:48.520 align:start position:0% the colony sort of like Equity although 00:06:48.520 --> 00:06:52.110 align:start position:0% the colony sort of like Equity although yeah<00:06:49.520> um<00:06:50.400> so<00:06:50.680> every<00:06:50.919> 10<00:06:51.120> minutes<00:06:51.400> some<00:06:51.599> nectar 00:06:52.110 --> 00:06:52.120 align:start position:0% yeah um so every 10 minutes some nectar 00:06:52.120 --> 00:06:55.510 align:start position:0% yeah um so every 10 minutes some nectar uh<00:06:52.280> 50<00:06:52.639> nectar<00:06:53.039> is<00:06:53.199> created<00:06:53.680> by<00:06:53.800> the<00:06:54.319> system<00:06:55.319> of 00:06:55.510 --> 00:06:55.520 align:start position:0% uh 50 nectar is created by the system of 00:06:55.520 --> 00:06:58.270 align:start position:0% uh 50 nectar is created by the system of that<00:06:55.840> 70%<00:06:56.680> goes<00:06:56.919> into<00:06:57.199> this<00:06:57.440> Colony<00:06:57.879> Central 00:06:58.270 --> 00:06:58.280 align:start position:0% that 70% goes into this Colony Central 00:06:58.280 --> 00:07:00.950 align:start position:0% that 70% goes into this Colony Central reserve<00:06:59.280> and<00:06:59.639> that's<00:06:59.919> used<00:07:00.199> to<00:07:00.360> pay<00:07:00.680> people 00:07:00.950 --> 00:07:00.960 align:start position:0% reserve and that's used to pay people 00:07:00.960 --> 00:07:02.909 align:start position:0% reserve and that's used to pay people for<00:07:01.160> doing<00:07:01.520> sophisticated<00:07:02.240> pieces<00:07:02.520> of<00:07:02.680> work 00:07:02.909 --> 00:07:02.919 align:start position:0% for doing sophisticated pieces of work 00:07:02.919 --> 00:07:04.830 align:start position:0% for doing sophisticated pieces of work that<00:07:03.080> require<00:07:03.520> human<00:07:03.840> judgment<00:07:04.240> to<00:07:04.400> interpret 00:07:04.830 --> 00:07:04.840 align:start position:0% that require human judgment to interpret 00:07:04.840 --> 00:07:07.670 align:start position:0% that require human judgment to interpret the<00:07:04.919> value<00:07:05.199> of<00:07:05.960> so<00:07:06.199> think<00:07:06.479> things<00:07:06.759> like<00:07:07.039> coding 00:07:07.670 --> 00:07:07.680 align:start position:0% the value of so think things like coding 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proportion<00:07:16.160> to<00:07:16.360> the<00:07:16.520> value<00:07:16.800> that<00:07:16.960> they've 00:07:17.469 --> 00:07:17.479 align:start position:0% proportion to the value that they've 00:07:17.479 --> 00:07:19.790 align:start position:0% proportion to the value that they've contributed<00:07:18.479> by<00:07:18.639> doing<00:07:18.919> things<00:07:19.199> like<00:07:19.360> making 00:07:19.790 --> 00:07:19.800 align:start position:0% contributed by doing things like making 00:07:19.800 --> 00:07:22.430 align:start position:0% contributed by doing things like making suggestions<00:07:20.720> making<00:07:21.080> decisions<00:07:21.680> tagging 00:07:22.430 --> 00:07:22.440 align:start position:0% suggestions making decisions tagging 00:07:22.440 --> 00:07:25.589 align:start position:0% suggestions making decisions tagging things<00:07:23.440> uh<00:07:23.960> giving<00:07:24.240> people<00:07:24.520> feedback<00:07:24.960> and<00:07:25.120> so 00:07:25.589 --> 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position:0% based on the effort that they've put in over<00:07:31.440> the<00:07:31.560> proceeding<00:07:32.000> 72 00:07:33.510 --> 00:07:33.520 align:start position:0% over the proceeding 72 00:07:33.520 --> 00:07:36.629 align:start position:0% over the proceeding 72 hours<00:07:34.520> um<00:07:35.039> so<00:07:35.319> yeah<00:07:35.520> this<00:07:35.680> is<00:07:36.240> this<00:07:36.319> is<00:07:36.520> the 00:07:36.629 --> 00:07:36.639 align:start position:0% hours um so yeah this is this is the 00:07:36.639 --> 00:07:39.950 align:start position:0% hours um so yeah this is this is the colony<00:07:37.120> Central<00:07:37.599> Reserve<00:07:38.680> uh<00:07:39.680> and<00:07:39.800> that's 00:07:39.950 --> 00:07:39.960 align:start position:0% colony Central Reserve uh and that's 00:07:39.960 --> 00:07:41.390 align:start position:0% colony Central Reserve uh and that's sort<00:07:40.120> of<00:07:40.240> under<00:07:40.440> everybody's<00:07:40.879> control<00:07:41.160> as<00:07:41.280> I 00:07:41.390 --> 00:07:41.400 align:start position:0% sort of under everybody's control as I 00:07:41.400 --> 00:07:43.629 align:start position:0% sort of under everybody's control as I mentioned<00:07:41.759> and<00:07:41.879> then<00:07:42.039> this<00:07:42.199> is<00:07:42.879> this<00:07:43.000> is<00:07:43.280> this 00:07:43.629 --> 00:07:43.639 align:start position:0% mentioned and then this is this is this 00:07:43.639 --> 00:07:48.029 align:start position:0% mentioned and then this is this is this dude's<00:07:44.360> actual<00:07:45.120> colonies<00:07:45.680> that<00:07:45.840> he's<00:07:46.280> in<00:07:47.280> uh 00:07:48.029 --> 00:07:48.039 align:start position:0% dude's actual colonies that he's in uh 00:07:48.039 --> 00:07:49.350 align:start position:0% dude's actual colonies that he's in uh so<00:07:48.199> you<00:07:48.280> can<00:07:48.400> be<00:07:48.520> in<00:07:48.639> lots<00:07:48.800> of<00:07:48.879> colonies<00:07:49.240> you 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he's got 00:07:55.919 --> 00:07:58.070 align:start position:0% indicates the amount of nectar he's got in<00:07:56.039> each<00:07:56.199> one<00:07:56.360> and<00:07:56.479> the<00:07:56.639> little<00:07:56.840> red<00:07:57.039> flash<00:07:57.560> is 00:07:58.070 --> 00:07:58.080 align:start position:0% in each one and the little red flash is 00:07:58.080 --> 00:08:00.629 align:start position:0% in each one and the little red flash is like<00:07:58.280> he's<00:07:58.479> got<00:07:58.639> something<00:07:58.879> to<00:07:59.039> do 00:08:00.629 --> 00:08:00.639 align:start position:0% like he's got something to do 00:08:00.639 --> 00:08:03.270 align:start position:0% like he's got something to do so<00:08:01.240> if<00:08:01.319> we<00:08:01.479> go<00:08:01.639> over<00:08:01.879> into<00:08:02.240> the<00:08:02.599> top<00:08:02.879> right<00:08:03.120> hand 00:08:03.270 --> 00:08:03.280 align:start position:0% so if we go over into the top right hand 00:08:03.280 --> 00:08:06.309 align:start position:0% so if we go over into the top right hand corner<00:08:04.039> we've<00:08:04.280> got<00:08:04.759> teams<00:08:05.520> so<00:08:05.759> teams<00:08:06.039> is<00:08:06.199> kind 00:08:06.309 --> 00:08:06.319 align:start position:0% corner we've got teams so teams is kind 00:08:06.319 --> 00:08:08.230 align:start position:0% corner we've got teams so teams is kind of<00:08:06.440> an<00:08:06.599> important<00:08:07.000> concept<00:08:07.440> and<00:08:07.800> it's<00:08:07.960> a<00:08:08.120> bit 00:08:08.230 --> 00:08:08.240 align:start position:0% of an important concept and it's a bit 00:08:08.240 --> 00:08:10.309 align:start position:0% of an important concept and it's a bit of<00:08:08.360> a<00:08:08.479> misnomer<00:08:09.159> because<00:08:09.520> it's<00:08:09.759> not<00:08:10.000> actually 00:08:10.309 --> 00:08:10.319 align:start position:0% of a misnomer because it's not actually 00:08:10.319 --> 00:08:11.589 align:start position:0% of a misnomer because it's not actually the<00:08:10.440> people<00:08:10.639> that<00:08:10.759> you<00:08:10.879> work<00:08:11.120> with<00:08:11.280> it's<00:08:11.440> just 00:08:11.589 --> 00:08:11.599 align:start position:0% the people that you work with it's just 00:08:11.599 --> 00:08:13.430 align:start position:0% the people that you work with it's just like<00:08:11.800> your<00:08:12.400> your<00:08:12.599> friends<00:08:12.960> the<00:08:13.120> people<00:08:13.319> that 00:08:13.430 --> 00:08:13.440 align:start position:0% like your your friends the people that 00:08:13.440 --> 00:08:15.589 align:start position:0% like your your friends the people that you<00:08:13.560> trust<00:08:13.840> and<00:08:14.000> you<00:08:14.080> want<00:08:14.199> to<00:08:14.319> bring<00:08:14.520> into<00:08:14.800> the 00:08:15.589 --> 00:08:15.599 align:start position:0% you trust and you want to bring into the 00:08:15.599 --> 00:08:18.149 align:start position:0% you trust and you want to bring into the colony<00:08:16.599> um<00:08:16.840> so<00:08:17.159> when<00:08:17.280> you<00:08:17.440> join<00:08:17.680> the<00:08:17.840> colony 00:08:18.149 --> 00:08:18.159 align:start position:0% colony um so when you join the colony 00:08:18.159 --> 00:08:19.869 align:start position:0% colony um so when you join the colony you<00:08:18.240> can<00:08:18.400> invite<00:08:18.720> up<00:08:18.840> to<00:08:19.000> six<00:08:19.360> people<00:08:19.639> that<00:08:19.759> you 00:08:19.869 --> 00:08:19.879 align:start position:0% you can invite up to six people that you 00:08:19.879 --> 00:08:21.149 align:start position:0% you can invite up to six people that you trust<00:08:20.120> and<00:08:20.280> believe<00:08:20.479> are<00:08:20.599> going<00:08:20.680> to<00:08:20.800> add<00:08:20.960> some 00:08:21.149 --> 00:08:21.159 align:start position:0% trust and believe are going to add some 00:08:21.159 --> 00:08:22.909 align:start position:0% trust and believe are going to add some value<00:08:21.400> to<00:08:21.560> the 00:08:22.909 --> 00:08:22.919 align:start position:0% value to the 00:08:22.919 --> 00:08:25.550 align:start position:0% value to the project<00:08:23.919> um<00:08:24.039> so<00:08:24.280> everybody<00:08:24.639> can<00:08:24.800> do<00:08:25.000> that<00:08:25.199> so<00:08:25.440> A 00:08:25.550 --> 00:08:25.560 align:start position:0% project um so everybody can do that so A 00:08:25.560 --> 00:08:27.909 align:start position:0% project um so everybody can do that so A colony<00:08:25.919> can<00:08:26.080> grow<00:08:26.280> to<00:08:26.440> be<00:08:26.560> arbitrarily<00:08:27.199> large 00:08:27.909 --> 00:08:27.919 align:start position:0% colony can grow to be arbitrarily large 00:08:27.919 --> 00:08:29.869 align:start position:0% colony can grow to be arbitrarily large but<00:08:28.199> importantly<00:08:28.720> your<00:08:29.000> purview<00:08:29.560> within<00:08:29.759> the 00:08:29.869 --> 00:08:29.879 align:start position:0% but importantly your purview within the 00:08:29.879 --> 00:08:31.990 align:start position:0% but importantly your purview within the colony<00:08:30.240> is<00:08:30.400> limited<00:08:31.080> to<00:08:31.280> the<00:08:31.400> two<00:08:31.599> teams<00:08:31.879> that 00:08:31.990 --> 00:08:32.000 align:start position:0% colony is limited to the two teams that 00:08:32.000 --> 00:08:33.630 align:start position:0% colony is limited to the two teams that you're<00:08:32.200> part<00:08:32.360> of<00:08:32.560> the<00:08:32.680> team<00:08:33.159> that<00:08:33.279> you<00:08:33.399> were 00:08:33.630 --> 00:08:33.640 align:start position:0% you're part of the team that you were 00:08:33.640 --> 00:08:35.430 align:start position:0% you're part of the team that you were invited<00:08:34.039> to<00:08:34.680> and<00:08:34.839> the<00:08:34.959> team<00:08:35.159> that<00:08:35.279> you 00:08:35.430 --> 00:08:35.440 align:start position:0% invited to and the team that you 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collective<00:08:42.240> intelligence<00:08:42.760> of<00:08:42.919> many<00:08:43.200> people 00:08:43.469 --> 00:08:43.479 align:start position:0% collective intelligence of many people 00:08:43.479 --> 00:08:45.710 align:start position:0% collective intelligence of many people as<00:08:43.599> I<00:08:43.760> mentioned<00:08:44.159> and<00:08:44.279> in<00:08:44.399> order<00:08:44.680> to<00:08:45.240> do<00:08:45.560> that 00:08:45.710 --> 00:08:45.720 align:start position:0% as I mentioned and in order to do that 00:08:45.720 --> 00:08:47.230 align:start position:0% as I mentioned and in order to do that you<00:08:45.800> need<00:08:45.959> to<00:08:46.080> meet<00:08:46.240> a<00:08:46.360> few<00:08:46.600> criteria<00:08:47.120> which 00:08:47.230 --> 00:08:47.240 align:start position:0% you need to meet a few criteria which 00:08:47.240 --> 00:08:49.389 align:start position:0% you need to meet a few criteria which are<00:08:47.399> principally<00:08:48.080> decentralization<00:08:49.080> so 00:08:49.389 --> 00:08:49.399 align:start position:0% are principally decentralization so 00:08:49.399 --> 00:08:51.870 align:start position:0% are principally decentralization so people<00:08:49.640> are<00:08:50.200> drawing<00:08:50.600> on<00:08:50.800> their<00:08:50.959> own<00:08:51.200> local 00:08:51.870 --> 00:08:51.880 align:start position:0% people are drawing on their own local 00:08:51.880 --> 00:08:54.509 align:start position:0% people are drawing on their own local knowledge<00:08:52.880> um<00:08:53.160> diversity<00:08:53.800> so<00:08:54.040> theyve<00:08:54.279> come 00:08:54.509 --> 00:08:54.519 align:start position:0% knowledge um diversity so theyve come 00:08:54.519 --> 00:08:56.070 align:start position:0% knowledge um diversity so theyve come from<00:08:54.760> a<00:08:55.080> a<00:08:55.240> variety<00:08:55.640> of<00:08:55.760> different 00:08:56.070 --> 00:08:56.080 align:start position:0% from a a variety of different 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the<00:09:03.760> functionality<00:09:04.560> is<00:09:04.760> kind<00:09:04.880> of<00:09:05.079> based 00:09:05.350 --> 00:09:05.360 align:start position:0% of the functionality is kind of based 00:09:05.360 --> 00:09:06.829 align:start position:0% of the functionality is kind of based around<00:09:05.680> those 00:09:06.829 --> 00:09:06.839 align:start position:0% around those 00:09:06.839 --> 00:09:09.910 align:start position:0% around those principles<00:09:07.839> um<00:09:08.640> so<00:09:09.079> what<00:09:09.240> being<00:09:09.440> in<00:09:09.600> teams 00:09:09.910 --> 00:09:09.920 align:start position:0% principles um so what being in teams 00:09:09.920 --> 00:09:11.550 align:start position:0% principles um so what being in teams means<00:09:10.240> is<00:09:10.399> that<00:09:10.560> you<00:09:10.680> can<00:09:11.000> you<00:09:11.079> can<00:09:11.240> sort<00:09:11.399> of 00:09:11.550 --> 00:09:11.560 align:start position:0% means is that you can you can sort of 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align:start position:0% team so you might have thousands of 00:09:19.360 --> 00:09:21.269 align:start position:0% team so you might have thousands of people<00:09:19.800> but<00:09:19.959> you've<00:09:20.160> got<00:09:20.600> basically<00:09:21.000> another 00:09:21.269 --> 00:09:21.279 align:start position:0% people but you've got basically another 00:09:21.279 --> 00:09:23.949 align:start position:0% people but you've got basically another 12<00:09:21.560> people<00:09:21.800> that<00:09:21.880> you<00:09:21.959> can<00:09:22.120> speak<00:09:22.839> to<00:09:23.839> that 00:09:23.949 --> 00:09:23.959 align:start position:0% 12 people that you can speak to that 00:09:23.959 --> 00:09:25.069 align:start position:0% 12 people that you can speak to that doesn't<00:09:24.200> mean<00:09:24.440> that's<00:09:24.760> where<00:09:24.920> the 00:09:25.069 --> 00:09:25.079 align:start position:0% doesn't mean that's where the 00:09:25.079 --> 00:09:26.550 align:start position:0% doesn't mean that's where the communication<00:09:25.720> stops<00:09:26.040> you<00:09:26.200> can<00:09:26.360> you 00:09:26.550 --> 00:09:26.560 align:start position:0% communication stops you can you 00:09:26.560 --> 00:09:28.470 align:start position:0% communication stops you can you communicate<00:09:27.120> indirectly<00:09:27.680> Stig<00:09:28.000> merically 00:09:28.470 --> 00:09:28.480 align:start position:0% communicate indirectly Stig merically 00:09:28.480 --> 00:09:31.230 align:start position:0% communicate indirectly Stig merically with<00:09:28.640> everybody<00:09:29.040> else 00:09:31.230 --> 00:09:31.240 align:start position:0% with everybody else 00:09:31.240 --> 00:09:32.870 align:start position:0% with everybody else and<00:09:31.360> then<00:09:31.560> down<00:09:31.800> here<00:09:31.959> you've<00:09:32.160> got<00:09:32.440> your<00:09:32.640> most 00:09:32.870 --> 00:09:32.880 align:start position:0% and then down here you've got your most 00:09:32.880 --> 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align:start position:0% kind of where the magic happens uh this white<00:09:41.360> box<00:09:41.600> up<00:09:41.720> at<00:09:41.880> the<00:09:42.000> top<00:09:42.399> when<00:09:42.560> you've<00:09:42.760> got 00:09:43.030 --> 00:09:43.040 align:start position:0% white box up at the top when you've got 00:09:43.040 --> 00:09:44.430 align:start position:0% white box up at the top when you've got a<00:09:43.200> suggestion<00:09:43.720> that<00:09:43.800> you<00:09:43.959> think<00:09:44.200> should 00:09:44.430 --> 00:09:44.440 align:start position:0% a suggestion that you think should 00:09:44.440 --> 00:09:48.389 align:start position:0% a suggestion that you think should happen<00:09:45.360> click<00:09:45.519> in<00:09:45.880> here<00:09:46.880> add<00:09:47.040> your<00:09:47.399> suggestion 00:09:48.389 --> 00:09:48.399 align:start position:0% happen click in here add your suggestion 00:09:48.399 --> 00:09:51.030 align:start position:0% happen click in here add your suggestion add<00:09:48.600> some<00:09:48.839> tags<00:09:49.360> that<00:09:49.800> uh<00:09:50.040> uh<00:09:50.440> pertain<00:09:50.760> to<00:09:50.920> the 00:09:51.030 --> 00:09:51.040 align:start position:0% add some tags that uh uh pertain to the 00:09:51.040 --> 00:09:53.350 align:start position:0% add some tags that uh uh pertain to the skills<00:09:51.560> necessary<00:09:52.120> to<00:09:52.600> uh<00:09:52.880> to<00:09:53.040> have<00:09:53.200> an 00:09:53.350 --> 00:09:53.360 align:start position:0% skills necessary to uh to have an 00:09:53.360 --> 00:09:55.150 align:start position:0% skills necessary to uh to have an opinion<00:09:53.720> about<00:09:54.000> this<00:09:54.519> and<00:09:54.640> then<00:09:54.720> you<00:09:54.839> just<00:09:55.000> hit 00:09:55.150 --> 00:09:55.160 align:start position:0% opinion about this and then you just hit 00:09:55.160 --> 00:09:56.710 align:start position:0% opinion about this and then you just hit submit<00:09:55.600> and<00:09:55.680> that<00:09:55.760> will<00:09:55.880> get<00:09:56.000> sent<00:09:56.279> out<00:09:56.519> to 00:09:56.710 --> 00:09:56.720 align:start position:0% submit and that will get sent out to 00:09:56.720 --> 00:09:58.150 align:start position:0% submit and that will get sent out to anybody<00:09:57.079> who's<00:09:57.279> got<00:09:57.480> any<00:09:57.640> one<00:09:57.800> of<00:09:57.959> those 00:09:58.150 --> 00:09:58.160 align:start position:0% anybody who's got any one of those 00:09:58.160 --> 00:10:00.470 align:start position:0% anybody who's got any one of those skills 00:10:00.470 --> 00:10:00.480 align:start position:0% skills 00:10:00.480 --> 00:10:02.590 align:start position:0% skills so<00:10:01.480> here's<00:10:01.640> a<00:10:01.839> suggestion<00:10:02.240> here's<00:10:02.399> what<00:10:02.480> it 00:10:02.590 --> 00:10:02.600 align:start position:0% so here's a suggestion here's what it 00:10:02.600 --> 00:10:06.509 align:start position:0% so here's a suggestion here's what it looks<00:10:02.839> like<00:10:03.839> um<00:10:04.839> and<00:10:05.079> you'll<00:10:05.399> notice<00:10:05.959> that 00:10:06.509 --> 00:10:06.519 align:start position:0% looks like um and you'll notice that 00:10:06.519 --> 00:10:07.910 align:start position:0% looks like um and you'll notice that you're<00:10:06.720> being<00:10:06.920> forced<00:10:07.200> to<00:10:07.279> make<00:10:07.440> a<00:10:07.519> judgment 00:10:07.910 --> 00:10:07.920 align:start position:0% you're being forced to make a judgment 00:10:07.920 --> 00:10:09.389 align:start position:0% you're being forced to make a judgment based<00:10:08.120> on<00:10:08.200> the<00:10:08.320> informational<00:10:08.880> Merit<00:10:09.160> of<00:10:09.320> the 00:10:09.389 --> 00:10:09.399 align:start position:0% based on the informational Merit of the 00:10:09.399 --> 00:10:11.430 align:start position:0% based on the informational Merit of the suggestion<00:10:09.839> alone<00:10:10.560> you<00:10:10.720> can't<00:10:10.920> see<00:10:11.160> who's 00:10:11.430 --> 00:10:11.440 align:start position:0% suggestion alone you can't see who's 00:10:11.440 --> 00:10:13.110 align:start position:0% suggestion alone you can't see who's made<00:10:11.640> the<00:10:11.800> suggestion<00:10:12.480> so<00:10:12.640> you<00:10:12.760> can't<00:10:12.959> be 00:10:13.110 --> 00:10:13.120 align:start position:0% made the suggestion so you can't be 00:10:13.120 --> 00:10:15.110 align:start position:0% made the suggestion so you can't be influenced<00:10:13.760> by<00:10:14.160> by<00:10:14.320> that 00:10:15.110 --> 00:10:15.120 align:start position:0% influenced by by that 00:10:15.120 --> 00:10:17.630 align:start position:0% influenced by by that knowledge<00:10:16.120> um<00:10:16.640> you've<00:10:16.800> got<00:10:16.959> all<00:10:17.160> the<00:10:17.360> tags 00:10:17.630 --> 00:10:17.640 align:start position:0% knowledge um you've got all the tags 00:10:17.640 --> 00:10:19.670 align:start position:0% knowledge um you've got all the tags that<00:10:17.800> people<00:10:18.000> had<00:10:18.200> applied<00:10:18.760> you<00:10:18.880> can<00:10:19.200> up<00:10:19.440> Vote 00:10:19.670 --> 00:10:19.680 align:start position:0% that people had applied you can up Vote 00:10:19.680 --> 00:10:21.829 align:start position:0% that people had applied you can up Vote or<00:10:19.880> down<00:10:20.160> vote<00:10:20.440> them<00:10:20.760> by<00:10:20.920> clicking<00:10:21.200> or<00:10:21.360> double 00:10:21.829 --> 00:10:21.839 align:start position:0% or down vote them by clicking or double 00:10:21.839 --> 00:10:24.470 align:start position:0% or down vote them by clicking or double clicking<00:10:22.839> um<00:10:23.120> you<00:10:23.279> can<00:10:23.519> add<00:10:23.720> some<00:10:23.920> more<00:10:24.160> tags 00:10:24.470 --> 00:10:24.480 align:start position:0% clicking um you can add some more tags 00:10:24.480 --> 00:10:25.750 align:start position:0% clicking um you can add some more tags if<00:10:24.560> you<00:10:24.680> don't<00:10:24.880> feel<00:10:25.160> that<00:10:25.399> those 00:10:25.750 --> 00:10:25.760 align:start position:0% if you don't feel that those 00:10:25.760 --> 00:10:27.949 align:start position:0% if you don't feel that those sufficiently<00:10:26.399> encapsulate<00:10:27.320> the<00:10:27.519> skills 00:10:27.949 --> 00:10:27.959 align:start position:0% sufficiently encapsulate the skills 00:10:27.959 --> 00:10:29.870 align:start position:0% sufficiently encapsulate the skills necessary<00:10:28.360> to<00:10:28.519> have<00:10:28.640> an<00:10:28.760> opinion<00:10:29.040> about<00:10:29.519> it 00:10:29.870 --> 00:10:29.880 align:start position:0% necessary to have an opinion about it 00:10:29.880 --> 00:10:31.630 align:start position:0% necessary to have an opinion about it perhaps<00:10:30.200> bring<00:10:30.440> some<00:10:30.640> more<00:10:30.839> diverse<00:10:31.240> opinion 00:10:31.630 --> 00:10:31.640 align:start position:0% perhaps bring some more diverse opinion 00:10:31.640 --> 00:10:34.430 align:start position:0% perhaps bring some more diverse opinion in<00:10:32.480> and<00:10:32.600> then<00:10:32.680> you<00:10:32.839> simply<00:10:33.120> make<00:10:33.279> a<00:10:33.440> decision 00:10:34.430 --> 00:10:34.440 align:start position:0% in and then you simply make a decision 00:10:34.440 --> 00:10:36.829 align:start position:0% in and then you simply make a decision so<00:10:34.600> let's<00:10:34.760> say<00:10:34.920> we<00:10:35.040> agree<00:10:35.320> with<00:10:35.480> this<00:10:36.399> which<00:10:36.600> we 00:10:36.829 --> 00:10:36.839 align:start position:0% so let's say we agree with this which we 00:10:36.839 --> 00:10:40.030 align:start position:0% so let's say we agree with this which we really<00:10:37.480> should<00:10:38.480> um<00:10:39.279> you<00:10:39.399> can<00:10:39.560> then<00:10:39.680> see<00:10:39.880> what 00:10:40.030 --> 00:10:40.040 align:start position:0% really should um you can then see what 00:10:40.040 --> 00:10:41.230 align:start position:0% really should um you can then see what other<00:10:40.240> people<00:10:40.480> think<00:10:40.720> you<00:10:40.800> can<00:10:40.920> see<00:10:41.120> the 00:10:41.230 --> 00:10:41.240 align:start position:0% other people think you can see the 00:10:41.240 --> 00:10:42.590 align:start position:0% other people think you can see the comments<00:10:41.600> that<00:10:41.760> they've<00:10:41.959> made<00:10:42.200> you<00:10:42.360> still 00:10:42.590 --> 00:10:42.600 align:start position:0% comments that they've made you still 00:10:42.600 --> 00:10:44.150 align:start position:0% comments that they've made you still can't<00:10:42.800> see<00:10:43.040> who's<00:10:43.279> made<00:10:43.480> them<00:10:43.639> but<00:10:43.760> you<00:10:43.839> can<00:10:43.920> up 00:10:44.150 --> 00:10:44.160 align:start position:0% can't see who's made them but you can up 00:10:44.160 --> 00:10:46.389 align:start position:0% can't see who's made them but you can up down<00:10:44.320> and<00:10:44.440> vote<00:10:44.600> them<00:10:44.800> do<00:10:44.920> all<00:10:45.079> that<00:10:45.279> good<00:10:45.399> rity 00:10:46.389 --> 00:10:46.399 align:start position:0% down and vote them do all that good rity 00:10:46.399 --> 00:10:49.150 align:start position:0% down and vote them do all that good rity stuff<00:10:47.399> um<00:10:47.600> and<00:10:47.720> then<00:10:47.800> you'd<00:10:48.000> hit<00:10:48.200> next<00:10:48.880> and<00:10:49.040> to 00:10:49.150 --> 00:10:49.160 align:start position:0% stuff um and then you'd hit next and to 00:10:49.160 --> 00:10:53.030 align:start position:0% stuff um and then you'd hit next and to get<00:10:49.320> your<00:10:49.480> next<00:10:49.959> card<00:10:50.959> and<00:10:51.880> so<00:10:52.639> what's<00:10:52.839> going 00:10:53.030 --> 00:10:53.040 align:start position:0% get your next card and so what's going 00:10:53.040 --> 00:10:55.110 align:start position:0% get your next card and so what's going on<00:10:53.279> here<00:10:53.519> is<00:10:53.720> is<00:10:53.880> obviously<00:10:54.200> voting<00:10:54.880> uh<00:10:55.000> but 00:10:55.110 --> 00:10:55.120 align:start position:0% on here is is obviously voting uh but 00:10:55.120 --> 00:10:57.389 align:start position:0% on here is is obviously voting uh but it's<00:10:55.240> not<00:10:55.360> trying<00:10:55.560> to<00:10:55.639> get<00:10:55.760> to<00:10:56.279> consensus<00:10:57.279> and 00:10:57.389 --> 00:10:57.399 align:start position:0% it's not trying to get to consensus and 00:10:57.399 --> 00:10:58.910 align:start position:0% it's not trying to get to consensus and it's<00:10:57.519> not<00:10:57.680> even<00:10:57.839> trying<00:10:58.040> to<00:10:58.200> get<00:10:58.320> to<00:10:58.639> sort<00:10:58.800> of 00:10:58.910 --> 00:10:58.920 align:start position:0% it's not even trying to get to sort of 00:10:58.920 --> 00:11:00.430 align:start position:0% it's not even trying to get to sort of perfect<00:10:59.360> democracy<00:10:59.839> actually<00:11:00.120> is<00:11:00.279> just 00:11:00.430 --> 00:11:00.440 align:start position:0% perfect democracy actually is just 00:11:00.440 --> 00:11:01.710 align:start position:0% perfect democracy actually is just trying<00:11:00.639> to<00:11:00.800> make<00:11:00.959> an<00:11:01.160> efficient<00:11:01.560> and 00:11:01.710 --> 00:11:01.720 align:start position:0% trying to make an efficient and 00:11:01.720 --> 00:11:03.629 align:start position:0% trying to make an efficient and collectively<00:11:02.560> intelligent<00:11:03.079> decision<00:11:03.399> in<00:11:03.480> a 00:11:03.629 --> 00:11:03.639 align:start position:0% collectively intelligent decision in a 00:11:03.639 --> 00:11:06.750 align:start position:0% collectively intelligent decision in a timely<00:11:04.279> fashion<00:11:05.279> so<00:11:06.160> what<00:11:06.279> it's<00:11:06.440> doing<00:11:06.639> is 00:11:06.750 --> 00:11:06.760 align:start position:0% timely fashion so what it's doing is 00:11:06.760 --> 00:11:08.550 align:start position:0% timely fashion so what it's doing is sampling<00:11:07.200> the<00:11:07.360> statistical<00:11:07.920> significance<00:11:08.440> of 00:11:08.550 --> 00:11:08.560 align:start position:0% sampling the statistical significance of 00:11:08.560 --> 00:11:10.790 align:start position:0% sampling the statistical significance of the<00:11:08.680> voting<00:11:09.600> and<00:11:09.760> once<00:11:09.920> it<00:11:10.079> gets<00:11:10.279> to<00:11:10.399> a<00:11:10.560> point 00:11:10.790 --> 00:11:10.800 align:start position:0% the voting and once it gets to a point 00:11:10.800 --> 00:11:12.910 align:start position:0% the voting and once it gets to a point where<00:11:10.920> it<00:11:11.079> realizes<00:11:11.560> if<00:11:11.680> it<00:11:11.760> were<00:11:11.959> to<00:11:12.200> continue 00:11:12.910 --> 00:11:12.920 align:start position:0% where it realizes if it were to continue 00:11:12.920 --> 00:11:14.389 align:start position:0% where it realizes if it were to continue polling<00:11:13.399> people<00:11:13.680> the<00:11:13.760> outcome<00:11:14.079> isn't<00:11:14.279> going 00:11:14.389 --> 00:11:14.399 align:start position:0% polling people the outcome isn't going 00:11:14.399 --> 00:11:15.829 align:start position:0% polling people the outcome isn't going to<00:11:14.519> change<00:11:14.800> it<00:11:14.920> calls<00:11:15.200> the<00:11:15.360> decision<00:11:15.720> it 00:11:15.829 --> 00:11:15.839 align:start position:0% to change it calls the decision it 00:11:15.839 --> 00:11:17.389 align:start position:0% to change it calls the decision it either<00:11:16.040> kills<00:11:16.279> it<00:11:16.440> off<00:11:16.600> or<00:11:16.720> it<00:11:16.800> moves<00:11:17.000> it<00:11:17.120> on<00:11:17.240> to 00:11:17.389 --> 00:11:17.399 align:start position:0% either kills it off or it moves it on to 00:11:17.399 --> 00:11:20.069 align:start position:0% either kills it off or it moves it on to the<00:11:17.519> next<00:11:18.040> stage<00:11:19.040> so<00:11:19.360> what<00:11:19.519> you'd<00:11:19.720> get<00:11:19.880> in 00:11:20.069 --> 00:11:20.079 align:start position:0% the next stage so what you'd get in 00:11:20.079 --> 00:11:21.389 align:start position:0% the next stage so what you'd get in practice<00:11:20.440> after<00:11:20.680> this<00:11:20.839> would<00:11:21.000> probably<00:11:21.240> be 00:11:21.389 --> 00:11:21.399 align:start position:0% practice after this would probably be 00:11:21.399 --> 00:11:22.670 align:start position:0% practice after this would probably be another<00:11:21.680> suggestion<00:11:22.120> or<00:11:22.279> it<00:11:22.360> could<00:11:22.519> be 00:11:22.670 --> 00:11:22.680 align:start position:0% another suggestion or it could be 00:11:22.680 --> 00:11:24.670 align:start position:0% another suggestion or it could be anything<00:11:23.079> but<00:11:23.320> this<00:11:23.399> is<00:11:23.519> a<00:11:23.800> potted<00:11:24.200> demo<00:11:24.519> so 00:11:24.670 --> 00:11:24.680 align:start position:0% anything but this is a potted demo so 00:11:24.680 --> 00:11:26.550 align:start position:0% anything but this is a potted demo so I've<00:11:24.839> got<00:11:24.920> a<00:11:25.320> a<00:11:25.440> step-by-step<00:11:26.120> process<00:11:26.360> of<00:11:26.440> a 00:11:26.550 --> 00:11:26.560 align:start position:0% I've got a a step-by-step process of a 00:11:26.560 --> 00:11:28.590 align:start position:0% I've got a a step-by-step process of a single<00:11:27.000> suggestion<00:11:28.000> so<00:11:28.160> I'm<00:11:28.240> going<00:11:28.320> to<00:11:28.399> hit 00:11:28.590 --> 00:11:28.600 align:start position:0% single suggestion so I'm going to hit 00:11:28.600 --> 00:11:30.590 align:start position:0% single suggestion so I'm going to hit next<00:11:28.880> and<00:11:29.000> it's<00:11:29.079> going<00:11:29.440> give<00:11:29.519> us<00:11:29.639> the<00:11:29.760> next 00:11:30.590 --> 00:11:30.600 align:start position:0% next and it's going give us the next 00:11:30.600 --> 00:11:33.790 align:start position:0% next and it's going give us the next stage<00:11:31.600> which<00:11:31.760> is<00:11:32.120> to<00:11:32.600> to<00:11:32.839> specify<00:11:33.440> exactly 00:11:33.790 --> 00:11:33.800 align:start position:0% stage which is to to specify exactly 00:11:33.800 --> 00:11:36.509 align:start position:0% stage which is to to specify exactly what<00:11:33.959> needs<00:11:34.160> to<00:11:34.279> be<00:11:34.440> done<00:11:34.639> to<00:11:34.839> deliver<00:11:35.320> that 00:11:36.509 --> 00:11:36.519 align:start position:0% what needs to be done to deliver that 00:11:36.519 --> 00:11:38.949 align:start position:0% what needs to be done to deliver that suggestion<00:11:37.519> so<00:11:37.959> we've<00:11:38.160> got<00:11:38.320> the<00:11:38.560> suggestion 00:11:38.949 --> 00:11:38.959 align:start position:0% suggestion so we've got the suggestion 00:11:38.959 --> 00:11:40.190 align:start position:0% suggestion so we've got the suggestion that<00:11:39.079> was<00:11:39.240> made<00:11:39.480> we've<00:11:39.639> got<00:11:39.720> the<00:11:39.839> tags<00:11:40.079> that 00:11:40.190 --> 00:11:40.200 align:start position:0% that was made we've got the tags that 00:11:40.200 --> 00:11:41.590 align:start position:0% that was made we've got the tags that were<00:11:40.360> created<00:11:40.839> and<00:11:40.959> the<00:11:41.079> comments<00:11:41.440> that 00:11:41.590 --> 00:11:41.600 align:start position:0% were created and the comments that 00:11:41.600 --> 00:11:44.430 align:start position:0% were created and the comments that people<00:11:41.839> had<00:11:42.200> made<00:11:43.200> and<00:11:43.320> then<00:11:43.480> you<00:11:43.639> build<00:11:44.000> the 00:11:44.430 --> 00:11:44.440 align:start position:0% people had made and then you build the 00:11:44.440 --> 00:11:46.870 align:start position:0% people had made and then you build the you<00:11:44.560> build<00:11:44.920> the<00:11:45.279> specification<00:11:46.279> out<00:11:46.440> of<00:11:46.639> three 00:11:46.870 --> 00:11:46.880 align:start position:0% you build the specification out of three 00:11:46.880 --> 00:11:49.750 align:start position:0% you build the specification out of three components<00:11:47.480> epics<00:11:47.920> tasks<00:11:48.240> and<00:11:48.560> commands<00:11:49.560> so 00:11:49.750 --> 00:11:49.760 align:start position:0% components epics tasks and commands so 00:11:49.760 --> 00:11:52.030 align:start position:0% components epics tasks and commands so an<00:11:49.920> epic<00:11:50.560> as<00:11:50.680> you<00:11:50.920> probably<00:11:51.160> know<00:11:51.320> from<00:11:51.519> agile 00:11:52.030 --> 00:11:52.040 align:start position:0% an epic as you probably know from agile 00:11:52.040 --> 00:11:56.069 align:start position:0% an epic as you probably know from agile is<00:11:52.720> like<00:11:52.839> a<00:11:53.040> container<00:11:53.880> for<00:11:54.519> tasks<00:11:55.519> um<00:11:55.720> you<00:11:55.880> use 00:11:56.069 --> 00:11:56.079 align:start position:0% is like a container for tasks um you use 00:11:56.079 --> 00:11:58.790 align:start position:0% is like a container for tasks um you use it<00:11:56.240> to<00:11:56.440> help<00:11:56.680> structure<00:11:57.200> things<00:11:58.160> uh<00:11:58.279> a<00:11:58.440> task<00:11:58.680> is 00:11:58.790 --> 00:11:58.800 align:start position:0% it to help structure things uh a task is 00:11:58.800 --> 00:12:01.190 align:start position:0% it to help structure things uh a task is a<00:11:58.880> unit<00:11:59.079> of<00:11:59.320> work<00:11:59.519> suitable<00:11:59.920> for<00:12:00.120> one<00:12:00.399> person 00:12:01.190 --> 00:12:01.200 align:start position:0% a unit of work suitable for one person 00:12:01.200 --> 00:12:03.110 align:start position:0% a unit of work suitable for one person and<00:12:01.320> then<00:12:01.399> a<00:12:01.560> command<00:12:02.240> within<00:12:02.519> colony<00:12:03.000> is 00:12:03.110 --> 00:12:03.120 align:start position:0% and then a command within colony is 00:12:03.120 --> 00:12:04.350 align:start position:0% and then a command within colony is something<00:12:03.440> that<00:12:03.560> can<00:12:03.680> be<00:12:03.839> executed 00:12:04.350 --> 00:12:04.360 align:start position:0% something that can be executed 00:12:04.360 --> 00:12:06.389 align:start position:0% something that can be executed programmatically<00:12:05.079> by<00:12:05.200> the<00:12:05.360> system<00:12:06.079> and<00:12:06.240> what 00:12:06.389 --> 00:12:06.399 align:start position:0% programmatically by the system and what 00:12:06.399 --> 00:12:08.190 align:start position:0% programmatically by the system and what that<00:12:06.560> means<00:12:07.200> for<00:12:07.360> now<00:12:07.720> is<00:12:07.880> that<00:12:08.040> it's 00:12:08.190 --> 00:12:08.200 align:start position:0% that means for now is that it's 00:12:08.200 --> 00:12:11.190 align:start position:0% that means for now is that it's integrated<00:12:08.680> with<00:12:09.000> GitHub<00:12:10.000> and<00:12:10.600> so<00:12:11.000> if 00:12:11.190 --> 00:12:11.200 align:start position:0% integrated with GitHub and so if 00:12:11.200 --> 00:12:13.030 align:start position:0% integrated with GitHub and so if somebody<00:12:11.519> creates<00:12:11.839> a<00:12:11.959> poll<00:12:12.240> request<00:12:12.800> rather 00:12:13.030 --> 00:12:13.040 align:start position:0% somebody creates a poll request rather 00:12:13.040 --> 00:12:15.750 align:start position:0% somebody creates a poll request rather than<00:12:13.240> that<00:12:13.399> going<00:12:13.600> to<00:12:13.800> a<00:12:13.959> cordev<00:12:14.680> or<00:12:15.040> a<00:12:15.519> a 00:12:15.750 --> 00:12:15.760 align:start position:0% than that going to a cordev or a a 00:12:15.760 --> 00:12:18.509 align:start position:0% than that going to a cordev or a a manager<00:12:16.760> rather<00:12:17.079> that<00:12:17.320> gets<00:12:17.560> given<00:12:17.800> to<00:12:18.040> all<00:12:18.199> of 00:12:18.509 --> 00:12:18.519 align:start position:0% manager rather that gets given to all of 00:12:18.519 --> 00:12:19.910 align:start position:0% manager rather that gets given to all of it's<00:12:18.680> gets<00:12:18.800> shown<00:12:19.040> to<00:12:19.199> all<00:12:19.320> of<00:12:19.480> the<00:12:19.600> people 00:12:19.910 --> 00:12:19.920 align:start position:0% it's gets shown to all of the people 00:12:19.920 --> 00:12:21.710 align:start position:0% it's gets shown to all of the people who've<00:12:20.199> got<00:12:20.519> an<00:12:20.720> opinion<00:12:21.079> about<00:12:21.360> that<00:12:21.519> who've 00:12:21.710 --> 00:12:21.720 align:start position:0% who've got an opinion about that who've 00:12:21.720 --> 00:12:23.629 align:start position:0% who've got an opinion about that who've got<00:12:21.959> those<00:12:22.160> skills<00:12:22.639> and<00:12:22.760> they<00:12:22.880> vote<00:12:23.199> to<00:12:23.360> decide 00:12:23.629 --> 00:12:23.639 align:start position:0% got those skills and they vote to decide 00:12:23.639 --> 00:12:24.790 align:start position:0% got those skills and they vote to decide whether<00:12:23.800> it's<00:12:23.920> going<00:12:24.040> to<00:12:24.120> get<00:12:24.199> merged<00:12:24.480> in<00:12:24.639> or 00:12:24.790 --> 00:12:24.800 align:start position:0% whether it's going to get merged in or 00:12:24.800 --> 00:12:27.350 align:start position:0% whether it's going to get merged in or not<00:12:25.000> so<00:12:25.160> there's<00:12:25.320> no<00:12:25.480> manager<00:12:25.920> at 00:12:27.350 --> 00:12:27.360 align:start position:0% not so there's no manager at 00:12:27.360 --> 00:12:30.790 align:start position:0% not so there's no manager at all<00:12:28.360> um<00:12:28.680> you<00:12:28.839> build<00:12:29.320> task<00:12:29.760> much<00:12:29.959> like<00:12:30.399> a<00:12:30.519> Google 00:12:30.790 --> 00:12:30.800 align:start position:0% all um you build task much like a Google 00:12:30.800 --> 00:12:33.269 align:start position:0% all um you build task much like a Google doc<00:12:31.079> it's<00:12:31.199> a<00:12:31.440> realtime<00:12:32.279> updating 00:12:33.269 --> 00:12:33.279 align:start position:0% doc it's a realtime updating 00:12:33.279 --> 00:12:34.790 align:start position:0% doc it's a realtime updating collaboratively<00:12:33.920> editable<00:12:34.360> document<00:12:34.720> it 00:12:34.790 --> 00:12:34.800 align:start position:0% collaboratively editable document it 00:12:34.800 --> 00:12:36.310 align:start position:0% collaboratively editable document it tracks<00:12:35.120> the<00:12:35.240> additions<00:12:35.680> deletions<00:12:36.160> and 00:12:36.310 --> 00:12:36.320 align:start position:0% tracks the additions deletions and 00:12:36.320 --> 00:12:37.870 align:start position:0% tracks the additions deletions and Replacements<00:12:36.880> that<00:12:37.000> people<00:12:37.279> have<00:12:37.440> made<00:12:37.680> to 00:12:37.870 --> 00:12:37.880 align:start position:0% Replacements that people have made to 00:12:37.880 --> 00:12:39.910 align:start position:0% Replacements that people have made to the<00:12:38.040> text<00:12:38.760> you<00:12:38.920> vote<00:12:39.160> on<00:12:39.320> whether<00:12:39.519> or<00:12:39.680> not<00:12:39.800> you 00:12:39.910 --> 00:12:39.920 align:start position:0% the text you vote on whether or not you 00:12:39.920 --> 00:12:41.949 align:start position:0% the text you vote on whether or not you think<00:12:40.160> those<00:12:40.560> uh<00:12:40.720> replace<00:12:41.360> those<00:12:41.560> changes 00:12:41.949 --> 00:12:41.959 align:start position:0% think those uh replace those changes 00:12:41.959 --> 00:12:44.870 align:start position:0% think those uh replace those changes should<00:12:42.160> be<00:12:42.600> made<00:12:43.600> uh<00:12:43.760> apply<00:12:44.040> a<00:12:44.199> deadline<00:12:44.720> which 00:12:44.870 --> 00:12:44.880 align:start position:0% should be made uh apply a deadline which 00:12:44.880 --> 00:12:46.790 align:start position:0% should be made uh apply a deadline which gets<00:12:45.279> averaged<00:12:45.800> from<00:12:46.040> what<00:12:46.199> a<00:12:46.279> lots<00:12:46.440> of<00:12:46.560> people 00:12:46.790 --> 00:12:46.800 align:start position:0% gets averaged from what a lots of people 00:12:46.800 --> 00:12:48.269 align:start position:0% gets averaged from what a lots of people think<00:12:47.199> and<00:12:47.279> then<00:12:47.399> you<00:12:47.519> just<00:12:47.639> vote<00:12:47.880> on<00:12:48.079> whether 00:12:48.269 --> 00:12:48.279 align:start position:0% think and then you just vote on whether 00:12:48.279 --> 00:12:49.590 align:start position:0% think and then you just vote on whether you<00:12:48.399> think<00:12:48.600> the<00:12:48.720> state<00:12:49.120> at<00:12:49.279> which<00:12:49.399> you're 00:12:49.590 --> 00:12:49.600 align:start position:0% you think the state at which you're 00:12:49.600 --> 00:12:52.750 align:start position:0% you think the state at which you're leaving<00:12:50.279> the<00:12:50.440> brief<00:12:51.440> is<00:12:52.040> uh<00:12:52.199> is<00:12:52.360> not<00:12:52.560> quite 00:12:52.750 --> 00:12:52.760 align:start position:0% leaving the brief is uh is not quite 00:12:52.760 --> 00:12:56.350 align:start position:0% leaving the brief is uh is not quite ready<00:12:53.000> yet<00:12:53.360> or<00:12:53.600> or<00:12:53.720> it's<00:12:53.920> good<00:12:54.040> to<00:12:54.279> go<00:12:55.279> so<00:12:56.160> let's 00:12:56.350 --> 00:12:56.360 align:start position:0% ready yet or or it's good to go so let's 00:12:56.360 --> 00:12:58.230 align:start position:0% ready yet or or it's good to go so let's say<00:12:56.519> we<00:12:56.680> think<00:12:56.920> this<00:12:57.240> is<00:12:57.560> good<00:12:57.720> to<00:12:57.880> go<00:12:58.120> it's 00:12:58.230 --> 00:12:58.240 align:start position:0% say we think this is good to go it's 00:12:58.240 --> 00:12:59.710 align:start position:0% say we think this is good to go it's going<00:12:58.320> to<00:12:58.440> move<00:12:58.600> us<00:12:58.680> onto<00:12:58.880> the<00:12:58.959> next<00:12:59.360> stage 00:12:59.710 --> 00:12:59.720 align:start position:0% going to move us onto the next stage 00:12:59.720 --> 00:13:01.389 align:start position:0% going to move us onto the next stage which<00:12:59.880> is<00:13:00.000> to<00:13:00.199> decide<00:13:00.600> actually<00:13:00.880> who<00:13:01.160> within 00:13:01.389 --> 00:13:01.399 align:start position:0% which is to decide actually who within 00:13:01.399 --> 00:13:03.550 align:start position:0% which is to decide actually who within your<00:13:01.600> colony<00:13:01.959> is<00:13:02.079> going<00:13:02.199> to<00:13:02.320> do<00:13:02.519> the 00:13:03.550 --> 00:13:03.560 align:start position:0% your colony is going to do the 00:13:03.560 --> 00:13:06.670 align:start position:0% your colony is going to do the task<00:13:04.560> so<00:13:05.440> the<00:13:05.600> system<00:13:05.959> comes<00:13:06.160> up<00:13:06.279> with<00:13:06.360> a<00:13:06.480> short 00:13:06.670 --> 00:13:06.680 align:start position:0% task so the system comes up with a short 00:13:06.680 --> 00:13:08.269 align:start position:0% task so the system comes up with a short list<00:13:06.880> of<00:13:07.000> potential<00:13:07.480> candidates<00:13:07.920> who<00:13:08.120> could 00:13:08.269 --> 00:13:08.279 align:start position:0% list of potential candidates who could 00:13:08.279 --> 00:13:10.350 align:start position:0% list of potential candidates who could do<00:13:08.519> the<00:13:08.760> task<00:13:09.480> by<00:13:09.639> comparing<00:13:10.120> their 00:13:10.350 --> 00:13:10.360 align:start position:0% do the task by comparing their 00:13:10.360 --> 00:13:13.710 align:start position:0% do the task by comparing their reputation<00:13:11.240> profile<00:13:12.240> with<00:13:13.000> tag<00:13:13.279> Cloud<00:13:13.600> that 00:13:13.710 --> 00:13:13.720 align:start position:0% reputation profile with tag Cloud that 00:13:13.720 --> 00:13:14.829 align:start position:0% reputation profile with tag Cloud that was<00:13:13.880> agreed 00:13:14.829 --> 00:13:14.839 align:start position:0% was agreed 00:13:14.839 --> 00:13:17.710 align:start position:0% was agreed collaboratively<00:13:15.839> so<00:13:16.760> you<00:13:16.920> might<00:13:17.160> say<00:13:17.519> you 00:13:17.710 --> 00:13:17.720 align:start position:0% collaboratively so you might say you 00:13:17.720 --> 00:13:19.110 align:start position:0% collaboratively so you might say you look<00:13:17.880> at<00:13:18.000> each<00:13:18.160> one<00:13:18.279> of<00:13:18.399> these<00:13:18.519> guys<00:13:18.800> profiles 00:13:19.110 --> 00:13:19.120 align:start position:0% look at each one of these guys profiles 00:13:19.120 --> 00:13:20.550 align:start position:0% look at each one of these guys profiles or<00:13:19.240> perhaps<00:13:19.480> you<00:13:19.600> already<00:13:19.760> know<00:13:19.959> them<00:13:20.160> you<00:13:20.279> say 00:13:20.550 --> 00:13:20.560 align:start position:0% or perhaps you already know them you say 00:13:20.560 --> 00:13:22.949 align:start position:0% or perhaps you already know them you say okay<00:13:20.760> well<00:13:21.079> John<00:13:21.399> Doe<00:13:21.800> he's<00:13:22.199> he's<00:13:22.360> awesome<00:13:22.839> be 00:13:22.949 --> 00:13:22.959 align:start position:0% okay well John Doe he's he's awesome be 00:13:22.959 --> 00:13:24.710 align:start position:0% okay well John Doe he's he's awesome be great<00:13:23.160> if<00:13:23.279> we<00:13:23.360> could<00:13:23.519> get<00:13:23.639> him<00:13:23.760> to<00:13:23.880> do<00:13:24.040> the<00:13:24.199> task 00:13:24.710 --> 00:13:24.720 align:start position:0% great if we could get him to do the task 00:13:24.720 --> 00:13:26.069 align:start position:0% great if we could get him to do the task this<00:13:24.839> is<00:13:24.959> known<00:13:25.160> as<00:13:25.279> a<00:13:25.399> weighted<00:13:25.720> preference 00:13:26.069 --> 00:13:26.079 align:start position:0% this is known as a weighted preference 00:13:26.079 --> 00:13:28.829 align:start position:0% this is known as a weighted preference vote<00:13:26.639> incidentally<00:13:27.639> uh<00:13:27.760> you<00:13:27.880> say<00:13:28.160> James<00:13:28.519> is 00:13:28.829 --> 00:13:28.839 align:start position:0% vote incidentally uh you say James is 00:13:28.839 --> 00:13:31.629 align:start position:0% vote incidentally uh you say James is also<00:13:29.120> so<00:13:29.360> very<00:13:29.600> good<00:13:30.440> uh<00:13:30.600> jedo<00:13:31.079> is<00:13:31.240> completely 00:13:31.629 --> 00:13:31.639 align:start position:0% also so very good uh jedo is completely 00:13:31.639 --> 00:13:33.269 align:start position:0% also so very good uh jedo is completely useless<00:13:32.120> I<00:13:32.199> don't<00:13:32.399> know<00:13:32.519> how<00:13:32.680> he<00:13:32.800> interfered 00:13:33.269 --> 00:13:33.279 align:start position:0% useless I don't know how he interfered 00:13:33.279 --> 00:13:35.150 align:start position:0% useless I don't know how he interfered his<00:13:33.440> way<00:13:33.560> in<00:13:33.720> here<00:13:34.040> um<00:13:34.399> these<00:13:34.600> guys<00:13:34.800> are<00:13:34.959> both 00:13:35.150 --> 00:13:35.160 align:start position:0% his way in here um these guys are both 00:13:35.160 --> 00:13:38.629 align:start position:0% his way in here um these guys are both kind<00:13:35.320> of<00:13:35.440> middling<00:13:36.399> so<00:13:37.399> um<00:13:38.079> and<00:13:38.199> then<00:13:38.399> what<00:13:38.560> the 00:13:38.629 --> 00:13:38.639 align:start position:0% kind of middling so um and then what the 00:13:38.639 --> 00:13:40.069 align:start position:0% kind of middling so um and then what the system<00:13:38.880> does<00:13:39.079> is<00:13:39.240> average<00:13:39.600> what<00:13:39.720> a<00:13:39.800> lots<00:13:39.959> of 00:13:40.069 --> 00:13:40.079 align:start position:0% system does is average what a lots of 00:13:40.079 --> 00:13:42.670 align:start position:0% system does is average what a lots of people<00:13:40.440> think<00:13:41.440> and<00:13:41.800> offer<00:13:42.040> it<00:13:42.160> to<00:13:42.320> the<00:13:42.440> person 00:13:42.670 --> 00:13:42.680 align:start position:0% people think and offer it to the person 00:13:42.680 --> 00:13:44.150 align:start position:0% people think and offer it to the person who's<00:13:42.880> collectively<00:13:43.399> preferred<00:13:43.800> essentially 00:13:44.150 --> 00:13:44.160 align:start position:0% who's collectively preferred essentially 00:13:44.160 --> 00:13:45.949 align:start position:0% who's collectively preferred essentially the<00:13:44.240> one<00:13:44.399> who's<00:13:44.600> most 00:13:45.949 --> 00:13:45.959 align:start position:0% the one who's most 00:13:45.959 --> 00:13:49.389 align:start position:0% the one who's most expensive<00:13:47.240> um<00:13:48.240> if<00:13:48.399> they<00:13:48.639> accept<00:13:48.920> the<00:13:49.079> task 00:13:49.389 --> 00:13:49.399 align:start position:0% expensive um if they accept the task 00:13:49.399 --> 00:13:50.990 align:start position:0% expensive um if they accept the task then<00:13:49.600> great<00:13:50.000> if<00:13:50.120> not<00:13:50.360> then<00:13:50.480> it<00:13:50.560> gets<00:13:50.720> offered 00:13:50.990 --> 00:13:51.000 align:start position:0% then great if not then it gets offered 00:13:51.000 --> 00:13:52.350 align:start position:0% then great if not then it gets offered to<00:13:51.120> the<00:13:51.240> person<00:13:51.440> who's<00:13:51.639> next<00:13:51.839> in<00:13:52.000> order<00:13:52.199> of 00:13:52.350 --> 00:13:52.360 align:start position:0% to the person who's next in order of 00:13:52.360 --> 00:13:54.629 align:start position:0% to the person who's next in order of collective<00:13:53.079> preference<00:13:54.079> uh<00:13:54.199> once<00:13:54.399> they 00:13:54.629 --> 00:13:54.639 align:start position:0% collective preference uh once they 00:13:54.639 --> 00:13:57.670 align:start position:0% collective preference uh once they accept<00:13:55.519> the<00:13:55.920> the<00:13:56.040> nectar<00:13:56.480> the<00:13:56.560> ownership<00:13:57.240> the 00:13:57.670 --> 00:13:57.680 align:start position:0% accept the the nectar the ownership the 00:13:57.680 --> 00:13:59.230 align:start position:0% accept the the nectar the ownership the equity<00:13:58.040> whatever<00:13:58.240> you<00:13:58.320> want<00:13:58.440> to<00:13:58.519> call<00:13:58.639> it<00:13:58.759> goes 00:13:59.230 --> 00:13:59.240 align:start position:0% equity whatever you want to call it goes 00:13:59.240 --> 00:14:03.150 align:start position:0% equity whatever you want to call it goes into<00:14:00.240> uh<00:14:00.360> an<00:14:00.480> Esco<00:14:01.360> contract<00:14:02.360> um<00:14:02.639> they<00:14:02.800> submit 00:14:03.150 --> 00:14:03.160 align:start position:0% into uh an Esco contract um they submit 00:14:03.160 --> 00:14:05.870 align:start position:0% into uh an Esco contract um they submit the<00:14:03.320> work<00:14:03.519> for<00:14:03.959> approval<00:14:04.839> H<00:14:04.959> if<00:14:05.079> it's<00:14:05.360> accepted 00:14:05.870 --> 00:14:05.880 align:start position:0% the work for approval H if it's accepted 00:14:05.880 --> 00:14:08.030 align:start position:0% the work for approval H if it's accepted then<00:14:06.079> awesome<00:14:06.680> it<00:14:06.839> gets<00:14:07.279> the<00:14:07.440> the<00:14:07.560> Nector<00:14:07.920> gets 00:14:08.030 --> 00:14:08.040 align:start position:0% then awesome it gets the the Nector gets 00:14:08.040 --> 00:14:09.870 align:start position:0% then awesome it gets the the Nector gets sent<00:14:08.199> to<00:14:08.360> their<00:14:08.519> private<00:14:08.800> wallet<00:14:09.160> if<00:14:09.320> not<00:14:09.759> then 00:14:09.870 --> 00:14:09.880 align:start position:0% sent to their private wallet if not then 00:14:09.880 --> 00:14:11.470 align:start position:0% sent to their private wallet if not then they<00:14:10.040> iterate<00:14:10.519> upon<00:14:10.720> it<00:14:10.839> with<00:14:11.000> feedback<00:14:11.360> from 00:14:11.470 --> 00:14:11.480 align:start position:0% they iterate upon it with feedback from 00:14:11.480 --> 00:14:13.749 align:start position:0% they iterate upon it with feedback from The<00:14:11.600> Colony<00:14:12.279> until<00:14:12.519> the<00:14:12.639> colony<00:14:12.959> is 00:14:13.749 --> 00:14:13.759 align:start position:0% The Colony until the colony is 00:14:13.759 --> 00:14:15.670 align:start position:0% The Colony until the colony is satisfied<00:14:14.759> and<00:14:14.880> that's<00:14:15.079> pretty<00:14:15.279> much<00:14:15.440> how<00:14:15.560> it 00:14:15.670 --> 00:14:15.680 align:start position:0% satisfied and that's pretty much how it 00:14:15.680 --> 00:14:17.509 align:start position:0% satisfied and that's pretty much how it works<00:14:16.040> it's<00:14:16.279> it's<00:14:16.440> like<00:14:16.560> a<00:14:16.759> big<00:14:17.079> system<00:14:17.360> of 00:14:17.509 --> 00:14:17.519 align:start position:0% works it's it's like a big system of 00:14:17.519 --> 00:14:19.030 align:start position:0% works it's it's like a big system of feedback 00:14:19.030 --> 00:14:19.040 align:start position:0% feedback 00:14:19.040 --> 00:14:23.749 align:start position:0% feedback loops<00:14:20.040> um<00:14:20.880> so<00:14:21.120> if<00:14:21.199> I<00:14:21.440> just<00:14:21.959> go<00:14:22.240> back<00:14:22.399> to<00:14:23.279> the 00:14:23.749 --> 00:14:23.759 align:start position:0% loops um so if I just go back to the 00:14:23.759 --> 00:14:26.870 align:start position:0% loops um so if I just go back to the presentation<00:14:24.759> where<00:14:24.959> is 00:14:26.870 --> 00:14:26.880 align:start position:0% presentation where is 00:14:26.880 --> 00:14:31.389 align:start position:0% presentation where is it<00:14:27.880> you<00:14:28.079> see<00:14:28.279> yes 00:14:31.389 --> 00:14:31.399 align:start position:0% 00:14:31.399 --> 00:14:33.949 align:start position:0% so<00:14:32.360> where<00:14:32.480> are<00:14:32.639> we<00:14:32.880> now<00:14:33.079> we're<00:14:33.240> in<00:14:33.560> we're<00:14:33.720> in 00:14:33.949 --> 00:14:33.959 align:start position:0% so where are we now we're in we're in 00:14:33.959 --> 00:14:37.910 align:start position:0% so where are we now we're in we're in private<00:14:34.480> Alpha<00:14:35.480> um<00:14:36.480> we<00:14:36.759> are<00:14:37.360> we've<00:14:37.519> got<00:14:37.639> a<00:14:37.720> few 00:14:37.910 --> 00:14:37.920 align:start position:0% private Alpha um we are we've got a few 00:14:37.920 --> 00:14:39.790 align:start position:0% private Alpha um we are we've got a few people<00:14:38.199> using<00:14:38.560> it<00:14:38.959> always<00:14:39.199> looking<00:14:39.440> for<00:14:39.600> more 00:14:39.790 --> 00:14:39.800 align:start position:0% people using it always looking for more 00:14:39.800 --> 00:14:41.110 align:start position:0% people using it always looking for more so<00:14:39.959> if<00:14:40.040> you've<00:14:40.160> got<00:14:40.279> an<00:14:40.440> idea<00:14:40.720> you've<00:14:40.839> got<00:14:40.959> a 00:14:41.110 --> 00:14:41.120 align:start position:0% so if you've got an idea you've got a 00:14:41.120 --> 00:14:42.790 align:start position:0% so if you've got an idea you've got a project<00:14:41.399> and<00:14:41.519> a<00:14:41.639> team<00:14:41.839> to<00:14:42.040> engage<00:14:42.440> please<00:14:42.639> get 00:14:42.790 --> 00:14:42.800 align:start position:0% project and a team to engage please get 00:14:42.800 --> 00:14:44.910 align:start position:0% project and a team to engage please get in<00:14:42.959> touch<00:14:43.720> we're<00:14:43.959> currently<00:14:44.279> a<00:14:44.399> team<00:14:44.600> of<00:14:44.720> two 00:14:44.910 --> 00:14:44.920 align:start position:0% in touch we're currently a team of two 00:14:44.920 --> 00:14:47.430 align:start position:0% in touch we're currently a team of two who've<00:14:45.160> built<00:14:45.360> all<00:14:45.519> this<00:14:45.680> over<00:14:45.880> the<00:14:46.040> last<00:14:46.519> year 00:14:47.430 --> 00:14:47.440 align:start position:0% who've built all this over the last year 00:14:47.440 --> 00:14:49.069 align:start position:0% who've built all this over the last year uh<00:14:47.639> always<00:14:47.920> looking<00:14:48.199> for<00:14:48.399> awesome<00:14:48.759> people<00:14:48.959> to 00:14:49.069 --> 00:14:49.079 align:start position:0% uh always looking for awesome people to 00:14:49.079 --> 00:14:50.629 align:start position:0% uh always looking for awesome people to join<00:14:49.320> the<00:14:49.440> team<00:14:49.720> so<00:14:49.880> if<00:14:50.000> you're<00:14:50.199> interested 00:14:50.629 --> 00:14:50.639 align:start position:0% join the team so if you're interested 00:14:50.639 --> 00:14:52.910 align:start position:0% join the team so if you're interested hit<00:14:50.800> me<00:14:50.959> up<00:14:51.639> uh<00:14:51.759> we're<00:14:51.920> currently<00:14:52.240> fundraising 00:14:52.910 --> 00:14:52.920 align:start position:0% hit me up uh we're currently fundraising 00:14:52.920 --> 00:14:54.829 align:start position:0% hit me up uh we're currently fundraising the<00:14:53.399> may<00:14:53.560> or<00:14:53.720> may<00:14:53.880> not<00:14:54.000> be<00:14:54.120> a<00:14:54.199> crowd<00:14:54.440> sale<00:14:54.720> in 00:14:54.829 --> 00:14:54.839 align:start position:0% the may or may not be a crowd sale in 00:14:54.839 --> 00:14:57.509 align:start position:0% the may or may not be a crowd sale in the<00:14:54.920> not<00:14:55.079> too<00:14:55.279> distant<00:14:55.959> future<00:14:56.959> um<00:14:57.199> here<00:14:57.399> the 00:14:57.509 --> 00:14:57.519 align:start position:0% the not too distant future um here the 00:14:57.519 --> 00:15:00.310 align:start position:0% the not too distant future um here the contact<00:14:57.880> details<00:14:58.440> join<00:14:58.639> our<00:14:59.079> like<00:14:59.519> please<00:15:00.199> uh 00:15:00.310 --> 00:15:00.320 align:start position:0% contact details join our like please uh 00:15:00.320 --> 00:15:06.290 align:start position:0% contact details join our like please uh more<00:15:00.560> the<00:15:00.680> Maria<00:15:01.560> and<00:15:01.759> thank<00:15:01.920> you<00:15:02.040> very<00:15:02.240> much 00:15:06.290 --> 00:15:06.300 align:start position:0% 00:15:06.300 --> 00:15:13.600 align:start position:0% [Music]