The Internet-First Economy describes an economic system where digital interactions, transactions, and value creation primarily occur online, leveraging internet protocols and infrastructure as the foundational layer. Within crypto, its purpose is to facilitate the creation and exchange of digital assets, decentralized financial services, and tokenized goods directly through global networks, minimizing reliance on physical presence or traditional financial intermediaries. This structure supports a digitally native approach to commerce and finance.
Mechanism
This economy functions through interconnected digital platforms, decentralized networks, and smart contracts operating on public blockchains. Value transfer and data exchange utilize internet protocols, enabling seamless global accessibility and interaction. Information flow is digitally mediated, with transactions recorded and verified on distributed ledgers. Structural components include web applications, blockchain nodes, cryptographic security protocols, and payment gateways that bridge traditional and digital finance.
Methodology
The strategic methodology for participants in an Internet-First Economy involves prioritizing digital infrastructure development, embracing open protocols, and fostering global, permissionless participation. Governing principles include digital identity verification, cryptographic asset ownership, and direct peer-to-peer economic interaction. This framework seeks to disintermediate traditional economic structures, enabling more efficient, transparent, and globally accessible financial markets and services through technologies like crypto and DeFi.
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