Bitmind was born as a decentralized entrepreneurial initiative whose goal was the exploration of the potential of Open Value Networks (OVN) by using blockchain-based technologies.
It was founded in early 2015 as a side research project of Diego Gonzalez-Rodriguez, looking for an application of his doctoral dissertation. Bitmind was one of the initiatives funded during the Faircoop donations campaign in 2015.
The summer of 2015, Bitmind founders were invited to present the OVN model at the AGI Conference 2015 (The eighth Conference on Artificial General Intelligence). The talk, “Scalable cognition through collaborative sense-making: drafting the Open Value Network model” was included in the Workshop on Synthetic Cognitive Development and Integrated-Distributed Agency (IDA), organized by David Weinbaum and Viktoras Veitas from the Global Brain Institute (Free University of Brussels). The talk was given by Diego Gonzalez-Rodriguez and Ishan Shapiro and introduced by Ben Goertzel.
In October 2015, a group of 35 designers, engineers, and entrepreneurs from all over the world gathered in Oakland, California. They group consisted of founders and key contributors from Enspiral, Loomio, CoBudget, Chalkle, Robin Hood Cooperative, Identity.com, Hylo, Ethereum, Citizen Code, Metamaps.cc, Bitmind.co, KiwiConnect, Lifehack, Planetwork, Impact Hub, Refugio Resource, Pyxis, Triaxiom9, CivicMakers and more. As a consequence of some days of exchange and dialogue about the creation of tools, strategies, and networks to build a new collaborative commons, they created the Collaborative Technology Alliance.
One month later, the P2P Lab (Tallinn University of Technology) included Bitmind as a commons-oriented start-up in its plans for 2016. After that, Bitmind members, with other collaborators of the P2P Lab, worked on propossals to explore blockchain technologies under the framework of the European Union research goals.
At the beginning of 2016, COALA (organizer the first Blockchain Workshops at Harvard, MIT and Stanford) invited Diego Gonzalez-Rodriguez to participate in the Blockchain Workshop 2016 in New York City, to present Bitmind with other blockchain-based projects in front of potential investors.
At that point, Diego Gonzalez-Rodriguez moved to North Carolina and started to focus on other projects, initiating a process of coordination to transfer the Bitmind project to the P2P Foundation.
Since it was founded, Bitmind efforts were mostly in applied research & open source development around the OVN/DCO context, exploring how new models for self-organization can enforce the value production capacities within the P2P paradigm.
Bitmind’s initial goal was to help Open Enterprises, Cooperatives and Communities to distribute value amongst their members and bootstrap their collective intelligence by using P2P infrastructures. In order to unify concepts, share common methodologies and explore that field, we developed OVN.SPACE, a shared hub for that evolving and growing ecosystem.
OVN.SPACE enabled collaboration between different Open Value Networks, including companies and projects such as Sensorica, Backfeed, The Citizens Media, Mikorizal, Metamaps, Value Flows and Kendra Initiative.
Bitmind was one of the first entrepreneurial initiatives oriented to unify CBPP governance and economic models with blockchain-based technologies, helping to initiate the conversation about new self-organizing infrastructures in value production communities.
In July 2016, Bitmind funds were transferred to the P2P Foundation.