Ethos Labs
Last updated
Last updated
A rising tide lift all boats. We all prosper when we can exchange goods and services reliably. Unethical behavior is a drain on markets, increasing risk, reducing participation, and making us all poorer in the end.
With Ethos, opportunities will flow towards those with a long standing ethical history. Scammers, grifters, and the unethical will find it expensive, risky, and time consuming to fake these signals. Ethos increases investment in the ethical and increases expenses for the unethical.
Trust is essential for society to function—our civilization would collapse completely without it—and the fact that we don’t think about it is a measure of how well that trust works.
-- Bruce Schneier, Trust and Society
Everyone wins when checking credibility is universal. A lack of credibility evidence will be suspicious.
It should be so easy, so commonplace to build and maintain a reputation on chain that there will be no excuse not to do so. When it's so automatic that we barely think about it, the crypto market will mature to the point where scams are rare and obvious.
In the not-so distant future, we assume nobody will take you seriously until you have an Ethos profile.
Goal | Measurement |
---|---|
Align financial incentives to be backed by credibility, not rewarded by grift
Coins, funds, and projects leveraging Ethos raise above-average investment
Raise the bar of what credibility means in web3
% of top crypto influencers maintaining Ethos profiles
Increase overall crypto adoption by making it a safer place for new participants
% of new crypto participants connecting to Ethos
Save crypto billions in scams and rug pulls
Ethos participants exposed as grifters permanently lose credibility
Lead by example to demonstrate the power of ethical behavior
Phase governance from central control, to points, to decentralized governance.