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Framework
How can we understand and classify value creation in the web3.0 economy?
Vasily Sumanovahitchhikers.substack.com
For example, we value traditional companies based on assets and cash flows. Companies with more capital – or expected ability to absorb more capital in the future – are ideally valued more highly than others.That isn’t the case for every organization. Jacob Horne argues in his essay on “Hyperstructures” that crypto protocols built with certain trai... See more