Game-changing innovations that come from an error or accident
Game-changing innovations
that come from an error or accident
The Psychedelic Nature
of LSD
What was learned?
LSD
was first invented in Sandoz Laboratories in Switzerland by Albert Hofmann. But
the discovery was not by chance but by derivatives. Hofmann was experimenting with the territory of
fungus called ergot. During his five years of studies, Hofmann tried to find a
medicine for this fungal called ergot but found out the relative LSD. Once Hofmann
made his discovery public to other scientists, he had the challenge of getting
accepted. No one had an interest in hearing about LSD. Five years after the discovery,
Hofmann once returned home and laid down; he perceived LSD. Hofmann
interrupted his studies and found a hallucinogenic effect in 143. Hofmann then “ ingested a small amount and perceived an extraordinary
shape with the intense, kaleidoscopic play of colors.”
The lesson here is the discovery
was not a chance, but the deliverables and the medicine are now among the most
vital physic drugs. Moreover, Hofmann did not learn that people take the medication
in the 1960s as a form of recreation (Vaishnav,
2013).
The forces that supported
it
The driving force was the chemistry laboratory he was working in Basel, Switzerland,
and it was nothing intentional. Then, once he figured out the picture and shape
of the LSD, he swallowed a small amount to his acidic issues.
The Dogecoin
What was learned?
Despite the alarmingly
highly volatile markets of cryptocurrencies, it was recently a media sensation
in 2020-2021. The coin was first developed for fun by a developer who
spent quite a few hours and is currently a multi-billion worth cryptocurrency.
According to developers Billy Markus
and Jackson Palmer, the coin was developed initially free of charge. In 2013, millions
of wallets were hacked and changed the face of the coin as being insecurities. Following
a market bubble, the cryptocurrency is now worth 6 cents a share. Both
developers never thought the currency would impact the current market share
of the cryptocurrency. The current market cap volume of dog coins is more than
1.148B shares. The innovation was not
that intentional, nor did the developers realize that it would be worth this
price. Since the developers did not take it seriously, one of the developers
left the coin in 2015 and is still working as a developer(Dogecoin,2013).
The forces that supported
it
The current market for cryptocurrency,
precisely the limitation of Bitcoin, makes it thinkable to think of a coin that
could address the public. The second driving force for such coins is the digitalization
of markets. A lack of a peer-to-peer money decentralization technique helps
create Dogecoin that could send any random person money online. Moreover, Dogecoin
was named as a fun and an internet currency. Recent market hikes are due to a tweet
from current innovative and vinous entrepreneur Elon Musk(CNBC,2021).
References
Dogecoin.
(2021). Dogecoin. Retrieved from https://dogecoin.com/
Vaishnav (2013). 10 Accidental Inventions You
Won’t Believe it. Retrieved from http://www.geniusstuff.com/blog/list/10-accidental-inventions/
CNBC.(2021).
Tweets from Elon Musk and other celebrities sent Dogecoin to a record high. Rederived
from https://www.cnbc.com/2021/02/08/tweets-from-elon-musk-and-celebrities-send-dogecoin-to-a-record-high.html
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