Hacking: Tech Bro’s Web 3.0 solution

Leave it to the Tech Bros to solve the world’s problems with technology. Although they appear to pick up their ball and leave whenever a venture fails, they actually are more like a phoenix rising from the ashes of failed startups.

This time a Web 3.0 startup looking to hack the mass shooting epidemic came out of stealth mode after another swath of mass shootings recently in large metro areas of Atlanta and Dallas. BulletChain is a blockchain startup led by founder Gunnar Richborne, past failed founder of Phones R Us, a spinoff of Toys R Us, and Twiki, an Alexa-like AI robot modeled after the Buck Rogers companion.

“With BulletChain‘s technology, all bullets can be tracked to a non-fungible token (NFT), ” proclaimed Richborne. “With the support of regulation, no new bullets can be manufactured without a ledger entry that can be tracked as a legal bullet.”

Richborne’s vision is to make all current bullets illegal and then to require all new bullets to be NFT enabled. Bullets would cost more to manufacture and track, however, legislation would be easier to pass as a “tax” on a bullet rather than to go up against 2nd amendment defenders.

Based on the economic principle of supply and demand, if a supply is controlled using Web 3.0 technology, then the demand will increase and the price for a bullet will increase substantially. “If NFT bullets were in circulation years ago, just imagine how much the magical Kennedy assaination bullet could have sold for in an auction. Millions upon millions!” stated Sotheby’s auction house spokesperson Richard Greety.

BulletChain, however, faces an uphill climb as many DIY bullet makers are expected to enter the market even after the existing bullet cache runs dry. Currently there are estimates over 400M firearms in the US and over 10B rounds of ammunition sold a year. To go through these 10’s of Billions of rounds of ammunition, BulletChain is sponsoring shooting parties at ranges nationwide. Similar to eating contests, the participating “consuming” the most amount of ammunition will win a prize.

Investors include Axon, the public safety technology company who once had a mission to make the bullet obsolete, Palantir Technologies and Peter Thiel.