Magic is a passwordless authentication system. It starts with “magic links,” where you’re e-mailed a login link instead of providing the usual username and password. Magic makes it quick and easy for developers to implement this model in any application. Peek behind the scenes, and you’ll find a robust security platform built on secure hardware and user-owned encryption that paves the way for broader adoption of Web 3.0 technologies.

DAOs collapse the cost of creating and managing organizations by replacing slow and expensive paper contracts with fast and cheap smart contracts. With lower costs and higher speeds we unlock new levels of organizational scale. Think of it as a spectrum: on one side of the range we can have a larger number of smaller organizations in cases where setting up a legal entity is far too expensive to be worth it. On the other end, we can create mega-organizations that would also be too expensive, or downright impossible to manage with paper. On either side, we can both capture underserved markets and create completely new ones.

Information is a strange good: it’s created in unpredictable ways, you can’t know if it’s good until you have it, and it can be reproduced at no cost by anyone who does have it. This makes it hard for markets to price and distribute its value. But we can use crypto to address these challenges. Erasure is a new protocol for exchanging valuable information on the internet. It uses encryption, smart contracts, and staking with the Numeraire token (NMR) to create a trusted, decentralized venue for exchanging data.

Location services are critical to the global economy, but GPS infrastructure is surprisingly fragile, the data layer is effectively a Google monopoly, and personal location data logged and sold without user consent. To help solve these problems, FOAM is building a decentralized location services network which (1) reduces our reliance on GPS satellites, (2) provides open access to key metadata such as geocoding and points-of-interest, and (3) guarantees permissionless access and user agency through the use of open standards.