The coin was large and heavy and relatively rare. Transportation in the open seafaring channels was risky.

Through piracy, the coin was hacked, resulting in 'pieces of 8' - the coin was literally cut 4 times through the axis, giving the end user 8 smaller tokens.

This enabled smaller, more frequent purchases. The American 'Quarter' dollar is a descendant of this hack.

Today, we are faced with the vast opportunities of open and free channels for communication, trade and exploration.

To be able to operate in these environments, we need currency to act as tools.

Currency is not limited to financial representations; to facilitate rich meaningful transactions, the end user needs to define their notion of value.

We do not advocate piracy, but we are watching and learning the benefits of such activity and transcribing them into legal, profitable products for audiences, agencies and vendors.