Ecosystems are a team sport – and blockchain must be the referee

VentureBeat May 16, 2021
Golnar Pooya, 7 Gate Ventures

In recent years, business ecosystems have emerged as a way for networks of organizations to create incredible market value through collaboration and competition, with an estimated $60 trillion in annual revenue set to be redistributed across the economy by 2025 through ecosystem growth. But simply operating within a business ecosystem by no means guarantees its success — less than 15% are successful in the long run. With a lack of trust and wrong governance choices among the principal causes for ecosystem failure, it’s become clear that the rules of the game matter.

Just take the failure of the digital car buying and selling platform, Beepi. In 2015, Beepi was valued as high as $546 million as it allowed customers to...

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