Tekelala

In essence, an NFT is a digital certificate of ownership, almost always bought and sold using cryptocurrency, to which any digital file — a jpeg image file, a video, a song — can be attached. That Hilton is able to display Iconic Crypto Queen in her home, despite having sold it, is part of the NFT’s appeal — and the challenge it poses to the... See more

The Supplier Differentiation SpectrumConsider the six companies I mentioned above: Facebook, Google, Amazon, Netflix, Apple, and Microsoft.The degree of differentiation of tech company suppliers variesThese companies exist on a spectrum in terms of supplier differentiation (and, by extension, supplier power):Facebook has commoditized suppliers more... See more

What are the 5 types of DAOs?There are different types of DAO. Here, we will look at the different categories that a decentralized autonomous organization can fall into, based on its mode of operation, structure, and even technology. Here is a few of them. You have probably heard some of these names:1. DeFi Protocol DAOThese DAOs use smart contract... See more

The question du jour (or de la décennie) is how all this Metaversal stuff pans out in the public’s mind over time. What will we all call it in 5–10 years? More importantly, what does it do and not do?

Remember the membership description in your community strategy doc? The first 100 members in your community are key. Why? They will overwhelmingly set the tone for the community (another part of your doc!) and play a pivotal role in how it grows. The first 100 are the seeds of your community’s garden — how you plant them is very important.

We are in the first wave of web3 games. Right now, we’re seeing many of them focused on play-to-earn. They’re mostly about the money instead of prioritizing fun and engaging gameplay. If web3 gaming remains tuned in this way – focused on those looking to earn rather than play – then we fear it will never be mainstream and many projects will fail.

I’ve found that many new Web3 companies focus on one or two of these aspects, but rarely all three:They create but can’t deliver or capture value.They create and deliver but can’t capture value.They capture value but don’t create or deliver.It isn’t entirely surprising, especially since I experienced many of these same growing pains during the... See more