I'm not convinced that a NFT is a more meaningful form a recognition than a five-dollar coffee mug bearing the firm's logo. At least I can use the mug as a pen holder; what exactly am I supposed to do with a worthless NFT?
I understand your skepticism and I'll be the first to admit there are plenty of dubious uses of crypto/NFTs. For Ribbon, the NFTs act as verifiable proof of an achievement. Lying on LinkedIn profiles and resumes is rampant. The NFTs can also act as a pass for benefits and entry into achievement-gated communities (e.g. a community of verified product managers across many companies).
> For Ribbon, the NFTs act as verifiable proof of an achievement.
I don't believe this. Blockchains can be hacked. That means NFTs can be faked. This means Ribbon isn't necessarily verifiable.
> Lying on LinkedIn profiles and resumes is rampant.
With good reason. People are going to do whatever they think they must to get a shot at a job they want and think they can do, even if their actual experience and skillset isn't a 1:1 match with the requirements in the job posting.
If you think people won't find a way to fake Ribbon, then I find your lack of cynicism disturbing.
> The NFTs can also act as a pass for benefits
That sounds like the sort of "social credit" stuff China's messing with. No thanks.
> and entry into achievement-gated communities (e.g. a community of verified product managers across many companies)
If I wanted to confirm that somebody was a real PMP, I can look them up in the Project Management Institute's certification registry -- unless they were smart enough to opt out of being listed. (Most PMPs aren't that smart.)
I'm still not convinced Ribbon is an improvement. It looks like another attempt at applying a technological solution to a social/political problem. If my firm tried to give me a Ribbon as recognition, I'd ghost them on the spot and seek work at a firm that isn't run by people drinking crypto Koolaid.
It's all voluntary. Many of your critiques could also be applied to LinkedIn and/or resumes, but the difference here is that it's verifiable :) I see from your profile that you work for one of the big 4 consulting firms. It's very likely you already have an internal recognition scheme. The difference with Ribbon is that it's portable and open, rather than locked into a proprietary system purchased by your firm.
> Blockchains can be hacked.
What do you mean by this? Hacked is a broad term. For example, there have been no compromises of the blockchain itself in the entire history of Bitcoin/Ethereum. Individual smart contracts have been exploited but that's a very different and unrelated issue.
> I'm still not convinced Ribbon is an improvement. It looks like another attempt at applying a technological solution to a social/political problem.
Fair enough! To take the LinkedIn analogy, there are plenty of people who avoid LinkedIn. It also acts as a great network multiplier for many people, putting them in touch with others who would otherwise be difficult to speak to. I believe Ribbon will be the same: not everyone will wish to opt in, and that's OK.
That’s a strange false dichotomy. These NFTs aren’t in lieu of compensation. They are for recognition and verification of achievements. Compensation is separate.
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[ 2.1 ms ] story [ 29.2 ms ] threadI don't believe this. Blockchains can be hacked. That means NFTs can be faked. This means Ribbon isn't necessarily verifiable.
> Lying on LinkedIn profiles and resumes is rampant.
With good reason. People are going to do whatever they think they must to get a shot at a job they want and think they can do, even if their actual experience and skillset isn't a 1:1 match with the requirements in the job posting.
If you think people won't find a way to fake Ribbon, then I find your lack of cynicism disturbing.
> The NFTs can also act as a pass for benefits
That sounds like the sort of "social credit" stuff China's messing with. No thanks.
> and entry into achievement-gated communities (e.g. a community of verified product managers across many companies)
If I wanted to confirm that somebody was a real PMP, I can look them up in the Project Management Institute's certification registry -- unless they were smart enough to opt out of being listed. (Most PMPs aren't that smart.)
I'm still not convinced Ribbon is an improvement. It looks like another attempt at applying a technological solution to a social/political problem. If my firm tried to give me a Ribbon as recognition, I'd ghost them on the spot and seek work at a firm that isn't run by people drinking crypto Koolaid.
> Blockchains can be hacked.
What do you mean by this? Hacked is a broad term. For example, there have been no compromises of the blockchain itself in the entire history of Bitcoin/Ethereum. Individual smart contracts have been exploited but that's a very different and unrelated issue.
> I'm still not convinced Ribbon is an improvement. It looks like another attempt at applying a technological solution to a social/political problem.
Fair enough! To take the LinkedIn analogy, there are plenty of people who avoid LinkedIn. It also acts as a great network multiplier for many people, putting them in touch with others who would otherwise be difficult to speak to. I believe Ribbon will be the same: not everyone will wish to opt in, and that's OK.