added by sari · updated 2y ago
Social Investing 2.0
- Investing becomes a team sport that you play with your friends on the internet. What's exciting is people now understand crypto is the right stack for doing that. Crypto is inherently social. The legacy financial system is not.
from Creators, Communities, and Crypto Part II — Fred Ehrsam by Fred Ehrsam
sari added
- Web 2.0 was about social graphs — follows, likes, comments. Web 3.0 is about social + economic graphs — NFTs you buy, projects you invest in, social tokens you earn. Company profiles on Crunchbase are an early example of economic graphs. For most startups, you can see who funded them, how much they received, and when the funding round took place.
from Designing Internet-Native Economies: A Guide to Crypto Tokens - Future by future.a16z.com
sari added
- The third era of the web is about righting the ship. Social capital becomes economic capital. Value no longer accumulates to brokers and intermediaries.
from What Happens When You’re the Investment by Rex Woodbury
sari added