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We believe that building better protocols for cyberspace is the single most important task to be working on at the present moment in history. This belief stems from an observation that humanity as a species is in the process of moving into cyberspace, in a very real sense. In the 1960s, ~0.00000...001% of all human attention was focused in cyberspace. Virtually all attention and experience of humans was focused on the physical world. As computers began to minaturize and the internet was born, attention of the collective of human minds rapidly began to shift towards the experiences that exist inside computers (we call this cyberspace), and away from the physical world.
'Screen time' as a proportion of waking hours in 2023
A glance at statistics regarding 'screen time' -- the proportion of time people spend engaged with (we think it is reasonable to say 'in') cyberspace -- shows you the startling reality of this trend. Some countries in the world now have a citizenry that spend more of their time in cyberspace than the physical world.
The pace of change in physical space is winding down, while innovation in cyberspace is parabolic.