Would You Tokenise Yourself?

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The advancement of blockchain can be seen in our daily lives more and more. This maybe isn’t EXACTLY the future we expected, as we aren’t cruising around on (proper) hover-boards yet, but it’s quite fascinating nevertheless.

Your own token?

Imagine a World in which you can tokenise the time you spent giving a relationship advise to a friend, or even – the intimate time with your partner. Sounds far fetched? Not according to Boris Akimov.

On February 21st, Boris Akimov announced that that he will be the first entrepreneur, who’d tokenise himself. Akimov explains:

“I have certain skills, knowledge and experience, as well as my time in which I apply them, which is what will be tokenised. Token owners can receive the benefits of this experience for a period of time, depending on how many tokens they have. The more competent my work, the higher the demand for my skills and knowledge, and the higher the value of the tokens…Conversely, the lower the quality of my work, the lower the value of the token.”

Personal token for everyone?

This isn’t the first attempt at such tokenisation. We’ve already seen ICOs for rising sports stars. Despite them being simply a clumsy beginning, they do make you think of the future.

We may soon see a World in which a talented student in Sri Lanka sells their potential to early backers, whom in turn, get a share of their future earnings via smart contract. This already doesn’t look so far fetched anymore.

“Let’s take a conservative estimate in which I tokenise two days a week of my time…So that’s 3,328 hours, or 12 million seconds. So the plan is to create 12 million tokens, each of which can be redeemed for a second of my time and skills!” – Akimov explains.

This is going to be certainly an interesting experiment, one that may be paving the way for an even more interesting future.

We’ll definitely be watching. And then maybe tokenise ourselves…? 😉

 

 

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