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Reputation Markets
In today’s world, where ideas are increasingly displacing the physical in the production of economic value, competition for reputation becomes a significant driving force, propelling our economy forward.
Thomas Vander Wal • The Connected Company
Reputation is a form of wealth.
Brain Food: Simple Truths
Reputation has local value – it’s what distinguishes you within your world – but global demand for most people’s output is fairly elastic. In order to give people what they want, reputation is commoditized, bundled and traded on a global market.
Nadia Asparouhova • The tyranny of ideas
If merit replaces capital as the gating item to reputation, Web 3 communities will thrive.