TRADING IS AS OLD AS HUMANITY

Why web3 und new Values?

December 07th, 2025

As an artist, I have always been on the lookout for new forms. In a figurative sense, new forms can also be of a social or economic nature.

For example, a world-famous artist, Joseph Beuys, who had a lasting influence on the art world and happened to live and teach in my home town, declared a social group to be a social sculpture, which can also be subject to the laws of artistic design.

In short, my interest in new forms made me sit up and take notice when I first came into contact with web3, because it was immediately clear that this was a financial, economic and human reorganization that could actually enable new forms of cooperation.

Why is that?

First of all, the basis of web3:

Permissionless access from anywhere in the world, provided there is an internet connection and a device (smart phone, tablet, laptop...).

There is no identity check, no state boarder, no fee, no fixed address required, no minimum amount, no proof of income - that could prevent you from setting up an account (wallet) and get involved.

Getting involved means investing, sending, receiving and exchanging money (even small amounts).

The whole thing is called Decentralized Finance and Will Warren from matcha.xyz (a crypto exchange) calls it this: It eliminates the geographic lottery, the fact that where you happen to be born determines whether you have access to the economy or not. (I would like to add social lottery)

So is it all about the money?

No, but it is about exchange. A currency is basically always a fictitious unit that we use to exchange. In the traditional financial world, in which currencies are issued by states and linked to state reserves or other stable currencies, a currency ultimately represents the assets of a state.

Web3 and DeFi now enable the following: The currency decouples itself.
1. it is independent of a state and can be created at any time and increase in value if many people participate. The more widespread and the more decentralized it is distributed, the more stable (e.g. Ethereum)
2. It is thus linked to other things such as social interaction. And who benefits from trading the currency that represents social interaction? Those who interact with each other and thus own and exchange the currency, and not the state institutions.

"Crypto is not about money, it is the space you buy on chain, it democratizes networking." This statement comes from Sandy Kaul (Head of Innovation at Franklin Templeton - a traditional US investment fund), who was one of the first major players in the financial world to recognize the potential of cryptocurrencies and early-on started the tokenization of traditional assets to offer crypto-financial products. A token is a digital currency and tokenization means the transfer of traditional investments to the digital level of cryptocurrencies.

However, not only traditional investments, shares and real estate are transferred, but also values that were not previously represented by currencies are tokenized. For example, I could launch a currency or token called “smile” today and give smile tokens to everyone who sends me a picture of their most beautiful smile in exchange. The most beautiful smile will get the most tokens and a lively trade can start among all owners of the smile token. If I can't manage a beautiful smile but still want the smile token, I can buy it from someone else - demand and supply determine the price here too. And why does someone want the smile token? Because they recognize its popularity and anticipate that the smile token will increase in value. Today you might get a whole smile token for a smile, tomorrow only a quarter because I receive so many smile pictures that I no longer have enough smile tokens to send everyone a whole one. 

What does this mean for Tokenizing care-work? Web3 offers the opportunity to establish new currencies based on social issues and the more people are involved in this topic, the greater the potential of the currency.

Care work is the social issue of all, because there is hardly anyone in the world who does not do care work alongside their job, be it bringing up children or looking after ageing parents.  

If we can manage to capture this private care work and make it tradable as value, and in return create a pool into which first sponsors, and later everyone who wants to play a role in the ecosystem around care work can contribute, we will have laid the groundwork for establishing care work as an economic value.

This is the goal of project care-coin.