> Underlying this wishful thinking I smell a frustration that investors can't make money from open standards. The way to make money from open standards is to s

> Underlying this wishful thinking I smell a frustration that investors can't make money from open standards. The way to make money from open standards is to sell products and services that implement those open standards. SMTP is an open standard but Microsoft still makes money by selling exchange to corporate clients, and Google presumably manages to make money from Gmail. The crypto-token model Fred describes is Ethereum with the serial numbers filed off. It's a model to support the provision of a decentralised, distributed platform, not an open standard.