Alex Wittenberg

This fact—the fact that there is being, to begin with—is “the brute reality on which all of us ought to be constantly stubbing our toes,” in the splendid phrase of the writer Sarah Bakewell. But instead, it almost always passes us by. 

And second—at least in theory, if not always practice—the platforms are not much greater than the sum of their users. Because it’s the users who govern the platforms, own its token, and even use platforms to transact in the token.

Our own experience makes us stubborn old men about the future. We have lived through past growth rates. We’ve never lived through future growth. Therefore, it’s a lot easier for us to intuit what the future will be like by extrapolating linearly based on what we’ve actually experienced. Yes, things will be different, we all know that, but they’ll... See more

Every single action we take — calling our grandparents, cleaning up the kitchen or, today, scrolling through our phones — is a transaction. We are taking what precious little attention we have and diverting it toward something. This is a zero-sum proposition, he realized. When you pay attention to one thing, you ignore something else.

“The market cap of the protocol always grows faster than the combined value of the applications built on top, since the success of the application layer drives further speculation at the protocol layer. And again, increasing value at the protocol layer attracts and incentivises competition at the application layer.”

In our case, CabinDAO assigned 3 executive signatories to the Gnosis Safe account, with a requirement that 2 out of 3 signatories were required for any fund transaction. Each signatory had an individual wallet (Metamask) used to confirm the transaction. 

The rate of innovation is increasing and will continue to do so even without any machine able to design its successor. Some might call this phenomenon an intelligence explosion, but I think it’s more accurate to call it a technological explosion that includes cognitive technologies along with physical ones. Computer hardware and software are the... See more

Just as the biggest protocols will have millions of platforms building on top of them to serve specific users, the most successful community tokens will have millions of communities building on top of them to serve specific sub-groups and expand access to new sets of people.