“The report talks about what we have been saying all along about the reliance on and actions of the centralized actors. The report focuses on the greed and corruption of the ‘centralized’ bad actors, which we have identified as the “for profit” economy. The move to the fifth industrial revolution and the “for benefit” economy model we are trying to introduce through 5ire.org will let the decentralized innovations make decisions free of the corruption of centralized bad actors.

Web 3.0 and Blockchain are the technologies we need to spur that innovation, bring the immediate transformation of existing systems, and begin fresh with an era of transparency and accountability. The world needs to move to a for-benefit economy, and a web3 decentralized revolution is the fastest way to bring it to fruition.”