Mark Pascall, co-founder of The Wellbeing Protocol, recently published an account of governance experiments being run through hum, a platform managing shared community treasuries. Although these are not investment funds, they are managing a familiar problem: how groups decide where capital should be allocated. The first governance model, Gov1, was straightforward where every member could propose spending and every member voted equally. In theory it was highly democratic. I

Most of the experiments did not survive in their first form. The problem they were probing is still the most important one in early stage capital.

Relying solely on venture capital (VC) can limit a startup’s growth options and control. While VC funding offers significant capital, it often comes with strict terms, equity dilution, and pressure for rapid returns. Fortunately, blockchain technology opens new doors for entrepreneurs seeking diverse funding paths.

Building Sustainable Tokenised Communities That Empower Users as Stakeholders. Turning users into stakeholders is a powerful way to build engaged, loyal communities. Tokenised community mechanics offer a practical path to achieve this by giving members real ownership and influence. But success depends on designing these systems with sustainability in mind, avoiding pure speculation, and aligning tokens with genuine value creation. This post explores how token-gated access, co