14 May 2025

Monflo founder Chhay Lin Lim wins Crypto Hero 2025 Award from BeursInside

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16 April 2025

Sociological Imagination

**In 1959, sociologist C. Wright Mills introduced the world to a powerful concept: the sociological imagination.** He saw the mind not as a passive vessel for facts, but as a lens capable of developing refined interpretations of personal experiences in relation to larger social structures. Mills believed that the true power of thought lies in its ability to connect biography with history, self with system, and private troubles with public issues. > Neither the life of an individual nor the history of a society can be understood without understanding both. ###### Today, as we design the next generation of digital systems, such as decentralized finance, we need a new kind of imagination. One that builds on Mills’ legacy but speaks to the ethical responsibilities of innovation. ###### Let's call it: **Ethical Imagination**. Where the sociological imagination reveals how systems shape us, the ethical imagination compels us to question whether the systems we are building are just and how such systems should be built. The ethical imagination calls on technologists, founders, and users to consider: - What values are embedded in this system? - Who benefits, and who is excluded? - What kind of human behavior does this design encourage? - What kind of future will it normalize? This mindset is especially urgent in crypto, where the very promise is to reshape financial, social, and political relationships. The question is: **to what end?** No one has articulated this challenge more clearly than **Vitalik Buterin**, co-founder of Ethereum. While he is best known for his technical brilliance, Vitalik is also one of the few voices in crypto consistently asking philosophical questions about power, purpose, and public good. In a recent interview, he emphasized: > We need applications with a good social philosophy—not just more tech. To Vitalik, technological innovation without a moral compass risks becoming extractive and harmful. The real opportunity of Web3 isn’t just decentralized ledgers, it’s the chance to embed better values into the very infrastructure of digital life. In essence, Vitalik is calling for the **ethical imagination** in Web3: to build not just tools that work, but tools that matter. ###### At **Monflo**, we are listening. We’re not just building another crypto or Web3 platform. We are creating infrastructure for **financial autonomy**, an environment where users can verifiably own their assets, their identity, and their financial future. But more than that, we are building with **intention**. We believe that **code is not neutral**. It expresses values. And every product decision is an ethical one. We carry Vitalik’s vision forward by consciously choosing to build technology that restores agency to the individual, makes financial systems more transparent, and aligns long-term innovation with long-term human dignity.

Your money, your RULES

Registered with the Dutch Chamber of Commerce (CoC), number 86115294.
Registered with the Dutch Central Bank (DNB) as a Crypto Service Provider, number R194558. DNB supervises Monflo’s compliance with the Money Laundering and Terrorist Financing Prevention Act (Wwft) and the Sanctions Act 1977 (Sanctiewet 1977). Monflo is not under prudential supervision by DNB or under conduct supervision by the AFM. This means that there is no supervision of financial requirements or business risks and no specific financial consumer protection.

Crypto offers opportunity, but it comes with risk. You should carefully evaluate your financial situation and risk tolerance before engaging in crypto transactions. By using Monflo services, you acknowledge that you fully understand and accept these risks. Additional information can be found in Monflo's Terms and Conditions document.

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