I decided to forge ahead, despite these doubts, and use the forgiving vehicle of Venture Fiction. As a fiction, it is a vessel for exploring ideas and ethical alignments; a litmus test for organisational values and an opportunity to reflect on my own biases.

Since stumbling across his practice years ago, I have become an avid Venture Fiction practitioner myself. Why? Because I enjoy opportunities to use Venture Fiction as a real world interface that bridges the chasm between art and business. My role is to provoke, imagine, and inspire.

So obviously, as a Venture Fiction, I have no idea about a lot of the details of this enterprise. Foremost on my mind are questions around the connection to indigenous stewardship:

  1. Would the indigenous peoples who claim these lands as ancestral lands even want to be a part of this sort of enterprise?
  2. If they were interested, is there any likelihood that the players who are capable of executing on this sort of technology strategy would have the capacity to collaborate equitably with said indigenous peoples?
  3. Is the use of the Navajo word óola and/or the seal of the Navajo Nation in this context culturally insensitive or offensive?
  4. Is the term “world class indigenous reparations” a valid way of describing what is being presented here, or is there better language for what this would be?
  5. Is issuing a gold-backed crypto-currency a good way of enabling indigenous financial freedom, or is there a saviour complex baked in here somewhere?

These questions are only the tip of the iceberg in terms of interrogating the position of this Venture Fiction. We haven’t even scratched the surface on the technical / business questions:

  1. Does the technology exist today to deploy robots into abandoned gold mines to accurately assess the value of the gold deposits contained therein?
  2. Is an entity which mines a gold-backed crypto currency a red herring in a post-FTX crypto-skeptical financial environment?
  3. Would this be a money making enterprise in itself, or would the platform (robots, smart contracts, etc) be the business model?

These are all valid questions – and honestly questions I don’t have answers to. But that is ok. Because at the end of the day, this is not a real company, it is a Venture Fiction. It lands somewhere between a thought experiment, a hypothetical business case, and a work of conceptual art.

If you are somebody with answers to any of these questions, by all means, please add your perspective in the comments section.

Gold mine robot image generated using DALL·E 2.
All other images are property of their respective copyright holders.

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