Decentralization seems to be having a moment, although the exact reason isn’t clear. It could be because the cryptocurrency markets, founded on the principles of decentralization, are about to finish up their best year in history. It might have something to do with high-profile figures like Jack Dorsey leaving his role as CEO of Twitter to pursue ambitions in Bitcoin and digital assets.
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Taking a macro view, it may be related to an increasing recognition that a centralized and insular approach to global crises like a Covid-19 pandemic or the climate emergency simply isn’t working. However, decentralization is currently being touted as the solution for everything, from social media to personal data security – even the ongoing political division in the US.
It’s a topic close to the heart of David Atkinson, Strategy Lead at the newly-founded blockchain launchpad platform Polygen. Many launchpads are focused on specific blockchains, meaning their focus is relatively narrow and exclusive. Polygen is agnostic, aiming to do for launchpads what Uniswap did for tokens. It uses the concept of liquidity pools so that projects can bootstrap funding from investors for their build. However, Polygen’s founding principles are in decentralization, which Atkinson believes offers transformative potential – and not just in the blockchain sphere.
Atkinson is an experienced entrepreneur, adviser, and investor. Before Polygen, he joined Holochain as Commercial Director. We had an opportunity to put some questions to him regarding why decentralization matters and its role…
