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      "body": "<html>https://cdn.steemitimages.com/DQmQtbAGNyPGeecC8K2D3hemFHLEfK1SxtSqS9FATis4EXG/image.png <p><strong>A virtual world based on blockchain technology and financed by an ICO is selling ‘plots of land’ for up to $200,000.</strong></p> <p>Genesis City, which was launched by Decantraland following an ICO last year, uses distributed ledger technology (DLT) to record the transactions in virtual land. In a recent report, Bloomberg said that Ripio.com, the credit network, paid almost $150,000 for prime ‘real estate’ in the virtual world, next to the main square where visitors first enter</p> <p>Decantraland plans to expand Genesis City to give visitors the option to “go to a casino, watch live music, attend a workshop, shop with friends, start a business” and more. The company, started by two coders from Argentina, was funded through an ICO that made $26 million in around 30 seconds last year.</p> <p><br></p> <h3>The new ‘Second Life’</h3> <p>An auction of plots raised another $28 million for the virtual city, which runs on the Ethereum blockchain. The founders say that the plan is to build a platform that consumers can access once virtual reality achieves mass adoption.</p> <p>The project is reminiscent of ‘Second Life’, the virtual world that received lots of media attention in the mid-2000s. Though the service has less mainstream attention these days, it was claimed in 2017 that it still has 600,000 active users. Plots of virtual space in ‘Second Life’ currently sell for around $600.</p> <p><br></p> <h3>A Washington DC-sized city</h3> <p>Genesis City has some way to go before it is as busy even as Second Life. The developers plan to build the city out over the next few months to be roughly the size of Washington DC – there are a fixed number of plots: 90,000. Meanwhile, the early adopters can be expected to begin experimenting with what the service is capable of. The economy of Genesis City and Decantraland is based on its cryptocurrency, Mana tokens. These were worth two cents each at launch and currently are at around 12 cents each.</p> <p><br></p> <p><br></p> </html>",
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      "body": "<html> <p>https://cdn.steemitimages.com/DQmdQ4PYebbRf4qzLJu12t6FwnhVbmR3k3DYxbsap3zw28v/image.png</p> <p><br></p> <p>Taking responsibility for making decisions that affect the welfare of others sets leaders apart from followers, new research has shown.</p> <p><br></p> <p>Researchers from the University of Zurich investigated what distinguishes people with high leadership capabilities from others and identified one key characteristic: the ability to make decisions that affect not just themselves but also influence the lives of others.</p> <p><br></p> <p>Parents, company bosses, army generals, teachers and heads of state are among those who are known to demonstrate these qualities, the team said.</p> <p><br></p> <p>As part of the study, the researchers gave the participants the ability to make a decision themselves or delegate it to the group.</p> <p><br></p> <p>Experiments were based on two scenarios – one where the decisions only affected the decision-makers themselves, and one where decisions resulted in consequences for the whole group.</p> <p>https://cdn.steemitimages.com/DQmWHbZ9xm8fzmJrLfk5694vxK7uSAnTQymRRnE6U48UhG1/TW.PNG<br></p> <p>The researchers also analysed the individuals’ intuitions that guided the decision-making process, such as whether they were less afraid of the consequences of taking risks, whether they liked being in control, or whether they were more willing to take on responsibility for others.</p> <p><br></p> <p>The team used a technique known as functional magnetic resonance imaging (fMRI) to analyse what was going on in the participants’ brains while they were making those decisions.</p> <p><br></p> <p>The results show that responsibility aversion, or the unwillingness to make decisions which also affect others, was driven by a greater need for certainty about the best course of action – especially when the decision had an impact on other people.</p> <p><br></p> <p>For example, in a risky investment scenario, a person might see it as a good opportunity for themselves but as a less likely option if it meant losing money for the whole family.</p> <p>https://cdn.steemitimages.com/DQmVq5UUvZ2FHT98iWK6aTUV8DjSCamYdPbmoAjQcXynpZp/image.png</p> <p>Dr Micah Edelson, a researcher at the University of Zurich’s Department of Economics and lead study author, said: “We find that individuals make the choice to lead in a multi-step fashion – where part of the processes include setting a general threshold for the quality of information towards the degree of certainty they require for making the choice.”</p> <p><br></p> <p>By creating a mathematical framework, the researchers found that leaders are less likely to change the threshold of certainty when they were making the decisions for others instead of themselves.</p> <p><br></p> <p>Dr Edelson added:</p> <blockquote>&nbsp;“Because this framework highlights the change in the amount of certainty required to make a decision, and not the individual’s general tendency for assuming control, it can account for many different leadership types.</blockquote> <p><br></p> <p><em>These can include authoritarian leaders who make most decisions themselves, and egalitarian leaders who frequently seek a group consensus.</em></p> </html>",
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