The next big thing or a multi-billion dollar MML? As OPEC+ effectively fell apart due to its inability to control oil prices, analysts wonder whether a centralized oil price still holds meaning in the era of decentralized asset ownership. Aureus, the blockchain-based peer-to-peer asset collectivization startup, announced its entry into the oil market only weeks ago as big chunks of the fossil industry are struggling to adjust to the new reality. There are still questions as to the long term viability of this new economic model based on trustless collectivization, but its economic power is indisputable as no sector seems resistant to the pull of low-cost access to assets.
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