Token angel fund with the thesis of embedding cryptoeconomic incentives into everything; transactions, computation, storage, prediction, power. 1kx is an early stage token fund built upon the following thesis:
"...cryptoeconomics describes the combination of cryptography and economic incentives to design robust decentralized protocols and applications. According to this strain of thinking, Bitcoin succeeded where other decentralized protocols failed, not because of Proof-of-Work, the idea of decentralized cash, or even fault-tolerant consensus, but because it incorporated cryptoeconomics at the core of its consensus protocol. The grand vision of cryptoeconomics is therefore to extrapolate this success to embed cryptoeconomic incentives into everything; transactions, computation, storage, prediction, power. Blockchains enable us to enforce scarcity and facilitate value transfer in areas where that would otherwise be impossible and, therefore, radically expand the range of problems to which economic incentives can successfully be applied. Viewed through this prism, cryptoeconomic systems are fundamentally new ways of incentivizing human behavior. And their potential is massive."
Node: Lasse Clausen, Christopher Heymann