01
What backs value, and who is allowed to create it.
From sovereign currency to programmable assets to compute-denominated credits the substrate of value is becoming plural.
The size of what's possible just changed.
Versiontwo is a research lab for the people building what comes next in money and value.
01 / Premise
Money is being rebuilt right now, at almost every level at once.
Most people building inside this shift only see the one piece in front of them. We study the whole picture, then help the people actually building this future see it clearly enough to move first.
A research lab, not a software vendor. We think and write. You build, and you build better because of it.
What we study.
02
How money settles, moves, and who is allowed to hold it.
Wallets, agents, autonomous accounts. Settlement is leaving the human-only assumption behind.
03
Who counts as an economic actor in the first place.
Code that earns, machines that spend, agents that negotiate. The boundary of economic personhood is the frontier.
Flagship
Karma Protocol
An incentive layer for systems that don't sleep.
How AI systems could be governed and incentivized using something money-like. Two papers published, an open-source project in flight. Not a product. The clearest proof of how we think.