Tekelala

Third, NFTs can include what are called smart contracts, or coded elements that can automatically take actions under certain conditions. The concept is of an automated and self-enforcing set of rules that can’t be ignored or skipped.

The Significance Of Value In Token EconomicsThe world we see around us is driven by incentives. A child, for example, attends school because it will provide them with the opportunity to earn an education that will benefit them in the future.

That’s why I loved her decision to pull out of Spotify. Taylor Swift is not some sort of Luddite futilely standing against the forces of modernity; rather, she is a highly differentiated content creator capturing the immense value she is creating instead of ceding it to an aggregator that treats every piece of content the same.

As a seed-stage investor at First Round Capital, I get to meet a lot of founders who are exploring and validating their ideas. It’s an exciting time for them and, as a former founder myself, I relate to the thrill and anxiety of just getting started. You believe you’re onto something and feel ready to bring your idea to life, but there’s also a lot... See more

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

NFTs have been making headlines, but they are more than their use-case trends.Like many blockchain technologies, NFTs can be considered solutions in search of a problem. With behavioral design and consumer motivations driving the innovation space, we’re seeing a rising interest around which innovation challenges could be solved using NFTs. Here’s... See more

Elevating communities into the market and individuals into blue-chip owners.