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From YouTube: W7 Softgov WG: The Stocks, Flows, Units, and Resources of the Token Engineering Commons

Description

Question of the day:
How do you feel about TEC focusing on token engineering vs. generalizing to all of the commons?
00:00 - Question of the day
20:00 - Introduction to today’s topic and updates and the importance of the book club
“We are an institution, a set of rules and other working constraints.”
Parameters are a huge part of softgov. How is each rule connected to our values and how do they effect our behaviour?

27:00 - What are the stocks, flows, units, and resources that we have available in TEC?
The people, the token, the energy, the intention that we share. Awareness of where we put our attention.
“Human resources” vs. Knowledge, skills, abilities.The flow is the skills that we all contribute.
The commons becomes the ability to orchestrate the skills and abilities of everyone coming together, but focusing on the potentialities of what we can all do together. The stock is the community, the intellectual capital that we bring to this effort. The flow is the world that we are living in in six months. And what does the world look like in 2022 and beyond.
‘Value of use’ and ‘Value of exchange’ - Our stock is the value that comes from the usage of the knowledge that we all bring. It may not yet be as profitable as we value it, but the exchange flow will be unlocked over time with the TEC tokens. We are creating value and giving it an exchange value by utilizing the knowledge we have through the technology mechanisms that we are producing. This is what makes our network regenerative. We are providing knowledge on how we can gather and manage funds towards token engineering products. We are all making the structure for these products to be regenerative. The soft-value will be reflected in the value of the token.
Consider the 8 forms of wealth from hinduism.

42:00 - The scope of proposals and Thursday Showcases
47:00 - Shared token tooling vs. Instance deployments for the Thursday showcases
52:00 - Sourcecred update

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