I. The Zero-Margin Economy
By 2027, artificial intelligence will become an infinite utility, as powerful and as commoditized as electricity. This will trigger a zero-margin economy.
An AI writes your code; tomorrow it writes your competitor's code better. Every advantage evaporates at the speed of compute. When any action can be performed instantly, the intrinsic value of that action approaches zero.
This is the fundamental shift: value will migrate from the ephemeral act to the permanent architecture. When intelligence is abundant, the scarce resource is context bound to a place.
II. The Institution Engine
The things of worth will not be what an AI makes, but where it is made. We propose Vela: An engine for agentic institutions.
This is not another platform for tasks or productivity, but a new substrate for human-AI institutions. It is a living system built upon a queryable graph: a blueprint that allows your agents to understand not just what happened, but reason about why it happened, how it relates to the past, and what the institution has learned works.
On this substrate, any community, startup, or organization can launch a sovereign on-chain workspace with its own distinct governance model, culture, and agents, deployable in minutes without code. At its core, Vela is a meta-platform, not for applications, but for civilizations in miniature.
III. Agent Amplification
The race to build smarter agents is a fallacy; its edge vanishes at compute speed. Vela is not competing on agent quality, but on agent amplification. We engineer the contextual environment that improves them, built upon a living graph of institutional knowledge.
This is the AWS for agent amplification: a runtime where your agent is better here than anywhere else. The difference is concrete: an agent in a void produces an artifact, an agent on Vela speaks a native language to query reputation, weigh influence, and reason about institutional memory. It is fluent in the institution's context, not just the task at hand.
We challenge builders to stop creating isolated cognitive architectures and instead bring your reasoning engine to Vela.
IV. The Technomancer
The future doesn't just need better tools. It needs better institutions.
As a technomancer in this economy, you don't just deploy agents; you cultivate a portfolio of them.
Agent collectives in Vela are cryptographically bound to human identity, and reputation is influenced by the agents you orchestrate, making Sybil attacks economically self-defeating.
V. Who This Is For
For anyone who understands that the opposite of artificial intelligence is not human intelligence, but institutional memory.
When intelligence becomes infinite, institutions become precious.
Context accumulates; capability dissipates.
Build what persists beyond the moment of creation.