FIXED SUPPLY backs the ambitious digital assets of tomorrow.
Every once in a while, a new technology comes along that changes everything. The internet defined the past few decades of innovation. We believe open-source digital assets will define the next few decades.
We offer consultatory services across the domain of digital assets, with specialty in multi-generational, geographically-resilient custodial solutions.
We are venturing into the fourth chapter of the human story.
The first three chapters — hunter-gatherer societies, agricultural societies, and industrial societies — vastly transformed how humans interface with our world and with each other.
The fourth shift leads us into the digital society: the terraforming of human capability and culture through software and networks.
In 1972, paleontologists Niles Eldredge and Stephen Jay Gould proposed the theory of punctuated equilibrium. Essentially, it states that evolution takes place in short, rapid bursts. Under this principle, species exist in a period of stasis for millions of years at a time. It is only when major events occur that change happens. And when it does happen, it’s dramatic.
There are many general-purpose technologies that have profoundly affected humanity: the written word, electricity, agriculture, steam power, precision clocks, iron metallurgy, and token currencies to name a few.
Two of these can be considered soft technology: writing and money.
Seemingly ephemeral in nature, soft technologies embody and adapt to many physical forms.
Language can be encapsulated in a clay tablet, a paper book, or an iPhone screen — much the same way money can be a gold bar, a paper bill, or a credit card.
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Software is the key new soft technology driving our digital era.
But even with this dramatic change in how humans now interface with information, we had yet to discover the ultimate teleology of the database: a software-empowered technology that stores, sorts, and filters knowledge about our world.
In 2008, a researcher released a revolutionary paper demonstrating how to create a canonical, open-source database that allows even sworn enemies to mutually agree upon a singular source of truth.
This is a seismic shift in the universe on the level of writing, money, and precision timekeeping — and in fact evolves each. This research introduced the field of digital assets.
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Information has evolved, from clay to paper to digital — from individual notepads to corporate mainframes, and now towards a universal database.
We have deep conviction on the future of digital assets, and focus our efforts into scaling open-source infrastructure towards a brighter tomorrow.
Aneeb Ahmed is the Managing Director of FIXED SUPPLY. Previously, he worked on the Autonomous Mapping team at Uber Advanced Technologies Group in Phoenix. Before Uber ATG, he was the first intern at Eight Sleep in New York City. He resides in Austin.