Echos in the Wind
JANUARY 2022: Rumors about Fractally first began circulating in January of this year. The development team is integrally tied to ClarionOS, a communication focused blockchain venture.
The Next Generation DAO
EARLY MARCH: With the whitepaper released, we finally knew what Fractally was to become. It’s a systematic approach toward finding consensus using the 'wisdom of the crowd'.
Can We All Agree Right Now?
MID MARCH: The focus is on rapid consensus. Something that can be achieved week in and week out. Heck, why not pop-up sessions of fractal democracy for daily team meetings. Fractally is performance oriented blockchain architecture.
Universal Application
END OF MARCH: I want to leave this post here. Let its conciseness be directly absorbed, rather than the often stubbornly digested new blockchain tech. Know that Fractally is indeed new tech. It’s being built from the ground up as a platform agnostic DAO. You read that right, ‘platform agnostic’, for application across blockchains as well as traditional mediums.
More Info
For those looking to dive deeper into Fractally, I’ve posted excerpts from weekly development summaries. If you're interested in joining, please use my invitation link.
Jan 29 - Clarionos Goes Fractally
The Next Generation of DAOs
and:
Decentralized exchange + social media network on a high-performance smart contract platform #eos w/the most advanced fractal governance process….
This is what’s posted on Fractally’s twitter; this is Carionos rebranded. On Linkedin, the company categorizes as IT services and consulting. The About Us section specifically mentions social media, dex, and governance. Check out the Fracatally website for sweet visuals, or dive deeper into Dan Larimer’s recent post Introducing Fractally — The next generation of DAOs. The rebranding announcement video (above) sets February 22 as the whitepaper public release date. In regards to the Medium post, you’ll find Dan upholding a promise to include Bitshares, align with More Equal Animals and Eden on EOS, as well as building out the foundation with Mandel/EOSIO 3.0.
Feb 26 - Fractally Whitepaper Released
Here’s (video) the much awaited TWOSDAY presentation of the Fractally whitepaper. You can read the document in full here. Maybe you’d rather get started with the FAQs. For those who aren’t Eden members or engaged in regular EOS chat, Fractally, as taken directly from the whitepaper, is:
Is a framework for the next generation of DAOs
There are seemingly many different approaches to DAOs. Rarely does an effort seek to uphold the essence for which a decentralized, autonomous organization is meant- that is, cooperation. Central to Fractally is the RESPECT token. RESPECT will be earned through contributions like attending meetings, engagement, funding, recruitment, and collaboration. Skip to page 17 of the whitepaper to view the Respect Flow Diagram. fractally LLC exists to develop open source technology. It extends the purity of the blockchain movement to uplift the spirit of a particular community, i.e. fractals.
Mar 6 - Fractally Gains Momentum
Introduced on February 22, fractally has already completed two tests. The framework for next generation DAOs has various applications. Excitement continues to grow around fractally’s potential for Eden elections. As an NFT standard, James Mart illustrated how:
…Fractally is not in competition with AtomicAssets. Rather, it allows other NFT standards to opt into a common base infra, making them cheaper & more interoperable. It's more of a standard for NFT standards.
Dan Larimer invited anyone interested in helping:
bring fractal governance to the world
to register for this week’s meeting. More than 50 participants found fractally to be more enjoyable (and quicker) than what has been expected of Eden elections. Fractally meetings are scheduled for Saturdays. You’re encouraged to attend.
Mar 11 - Introducing the Fractally News Channel
It’d be an understatement to say that Fractally hit the ground running- more like the community has the Moon in its sights. Over the past couple of weeks, Fractally held its first couple of meetings. In this short time, the technology demonstrated substantial improvement over what EdenOS used for past elections. The new Fractally news channel further illustrates excitement around the fast growing community. Note that while EdenOS will eventually extend to applications beyond EOS governance, Fractally takes off as blockchain agnostic from the start. Everyone who wishes to know more and contribute is welcomed to join the Weekly Standup Meetings.
Mar 19 - Dan Discusses Fractally with Helios
Dan does so many interviews one might think he’s a Hollywood guy like that Helios guy. Or maybe an aspiring spotlight MC like so many in crypto. Maintaining a developer’s persona while conducting trending interviews based on months (even years) old tech- that’s not Dan Larimer. Ever heard of ClarionOS, EdenOS, Mandel- your task, find the release dates on these projects. Anyway, Dan’s latest interview is about even newer tech: fractally. In an interview this week, Helios’ Gavriel Shaw emphasized Dan’s words about Fractally’s universal design:
Absolutely… Fractally can completely eliminate the capture by exchanges or by Proof of Work or by any creator distributed wealth. [source]
Here’s Dan on why Fractally is needed:
…all users, all token holders benefit from that action and should be recognized as such… the challenge is how do you recognize these contributions in a way that is credibly fair… and that’s the problem that Fractally solves. [00:03:46]
On participation:
Anyone can form a team…willing to attend multiple meetings… can even submit the same article… to multiple fractals… it’s all on IPFS, it’s all transparent… in order to participate in the governance process you have to do so at least once a month…so that’s the first thing, you’re inviting people to participate…to have a say in your community… [1:07:05]
Mar 26 - Fractally Taking Shape
In case you missed it, Helios interviewed Dan Larimer about Fractally. As with any revolutionary technology, it takes some understanding. The interview (overviewed last week) is a good place to start. You may also wish to check out what NovaCrypto has going on with Collaborative Circles and a Mind Web specific to Fractally. Fractally is about positive impacts. NovaCrypto got off running as strong as anyone in providing public goods (see video above). With Dan handing over the hosting sessions to Joshua Seymour, another dedicated superstar, the community can expect 30 minute orientation meetings for new members. Also note that the domain was shortened to gofractally.com in preparation for the community site.
For more about blockchain tech, check out some of my other stuff here.
Originally posted here.