Alex Wittenberg

Back to our ten small companies. Not only can they build new things themselves, some of those ten companies will build things that become building blocks for new companies. Maybe their innovations will help bring the required team size down from ten to five, freeing up more innovation energy, and so on.It also creates 10x the number of companies... See more

And, of course, the margin differential means that ad revenue that’s a small percentage of the top line might have much larger impact on the bottom line. At least, until everyone else tries the same…

Community-driven working groups are the most effective way for DAOs to engage their communities, tap into the talent lurking in their social channels, and give community members skin in the game and the resources needed for success. 

Compare that to if only 10% of the tokens were initially released. Then the token supply would double in 5 months instead of 15! The early buyers would be much more impacted by the unlocks, and the token price would have a harder time keeping up with the new inflation. 

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

On the other hand, Time Magazine minted an NFT collection. Time is not a tokenized community. The community at-large has not adopted the token as a means of organizing around the brand in any meaningful way. 

In line with the transition from passion economy to ownership economy, as beautifully broken down by Jesse Walden, crypto emissions can be thought of as a consistent and stable revenue model for businesses and teams. Token minting is SaaS backward and powerful for users if structured correctly. This could be thought of as the natural next step for... See more

Attention is a bit like the air we breathe. It’s vital but largely invisible, and thus we don’t think about it very much unless, of course, it becomes scarce. If that’s the case — to extend a tortured metaphor — it feels as if our attention has become polluted. We subsist on it, but the quality has been diminished. 

“Chalmers sees technology reaching the point where virtual and physical are sensorily the same and people live good lives in VR” and also that “Chalmers suspects we will ditch the clunky headsets for brain-computer interfaces, or BCIs, that allow us to experience virtual worlds with our full suite of senses.”