Alex Wittenberg

While short-term value may accrue to the token through gating access (e.g. to Discord, content, product, events, etc.), long-term value accrues when community members are holding to:

No one in our community is super excited about putting down their main thing they're passionate about to just do governance. Builders and activists don't necessarily want to do a bunch of bureaucratic stuff. I hope we can make it feel immediate, like 'I participate and my voice is heard and it really has an influence that positively impacts me and... See more

We would recommend that illiquid investments be limited to a maximum of 50% of the treasury portfolio at any particular time, which is in line with the mean endowment allocation to illiquid alternatives. In practice, we would expect illiquidity to remain much lower than this maximum.

In the same way that electricity went from a luxury enjoyed by the American élite to something just about everyone had, so, too, has fame, or at least being known by strangers, gone from a novelty to a core human experience. The Western intellectual tradition spent millennia maintaining a conceptual boundary between public and private—embedding it... See more

There is something in our soul,” she wrote, “that loathes true attention much more violently than flesh loathes fatigue. That something is much closer to evil than flesh is. That is why, every time we truly give our attention, we destroy some evil in ourselves.”

A year later Chris published a post about his love-hate relationship with Twitter, which took the ideology a step further:

“The ownership economy doesn’t always mean a literal distribution of tokens, stock options, or equity,” Walden wrote in a post outlining the idea. “Rather, it means that ownership — which may manifest in the form of novel economic rewards, platform governance, or new forms of social capital — can be a new keystone of user experiences, with plenty... See more

Applications can build off of DID to allow creators to provably sign off that an NFT, representing a digital or physical asset, was created by them. Buyers and sellers will be able to verify the provenance of the digital artwork too. DIDs could also help foster greater engagement between artists and their community, such as restricting NFT... See more