What is this?
Imagine if as a Facebook user you could vote to fire Mark Zuckerberg, or hire someone to develop a cool feature you think the website needs. Thanks to a major leap in blockchain technology, this is now possible. And there are job openings.
It works using the Bitshares blockchain. Shareholders (the people who hold the crypto token), now have the ability to vote for ‘employees’ of their blockchain. They do this by voting to direct funds to people who demonstrably bring value to the system.
With Bitcoin, all newly available coins are automatically spent on paying a decentralized network of ‘miners’ to secure the network. However, with Bitshares, the flow of new funds can be directed to whatever the Bitshares ‘shareholders’ want, creating a type of collective hive mind that governs the growth of Bitshares.
This new kind of organization is called a “decentralized autonomous company”, or DAC for short. Like Bitcoin, it’s completely open source, decentralized and anonymous.
By convincing shareholders within the Bitshares community you’re the best guy for the job. For now, feel free to post in this thread if you’re interested or generally curious about this ridiculously cool opportunity. The job offer listings can be viewed on the bitsharestalk forum along with other community proposals. At the moment, mobile wallet developers are in demand.
If you don’t quite fit the bill, fear not, even non-Bitshares users can propose an idea to be voted on for funding by the community. It’s rather like a decentralized Dragons Den or Shark Tank. It’s not just employees who pitch for a job, startups can compete for funding too.
If the system proves successful, an exciting new future will be created where the majority of jobs involve working for a decentralized autonomous blockchain in a network of voluntary associations. People will be able to propose whatever they want to do and get hired by whichever blockchain community sees the value in their work.
Through the power of cryptography, Bitshares is attempting to code its way to a more free and efficient society.
P.S. Mobile wallet developers are most wanted right now.