on Bankless

Skoll made some initial inquiries into how it could be done, from handing out shares to eBay's biggest buyers and sellers, to creating a mechanism for the entire eBay community to buy pre-IPO stock. But the idea ran into resistance from the investment bankers and lawyers. The investment bankers had selfish reasons for opposing the plan. Pre-IPO sha

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9. The new big brands are open-source NFT projects are similarly dictated as much by their holders as their creators, if not more. Because of their prominence, CryptoPunks and Bored Ape Yacht Club are decentralized lifestyle brands, like Supreme, Louis Vuitton, or Rolex. Bored Ape holders can use their ape as a free-floating symbol, even as a way t... See more

Katie: Not everything in crypto is decentralized in terms of business models. For example, Coinbase is a centralized exchange. Like Coinbase, OpenSea is centralized. The difference between the tech giants and OpenSea is that OpenSea takes a modest take rate on every sale. The powerful difference is that the vast majority of the money that is being ... See more