Status Monkeys - By Packy McCormick - Not Boring by Packy McCormick

To give you a sense of what’s possible, I want to get back to the idea of NFTs as tokens on the internet for representing social achievements and social contracts. NFTs are a more important achievement than you might think, because we’ve managed to package this atomic unit of culture and community - fitting in, and standing out - and capture it, al... See more

In retrospect, this is an obvious extension of the social Internet. Social networks made social capital -- that is, popularity and influence -- scalable and quantifiable. We went from vaguely knowing who were the most admired kids in school to knowing who exactly are the most admired people in the world. In doing so, social media commercialized the... See more

In our conversation, Nadia mentioned the classic piece “Status as a service” by Eugene Wei that details how Twitter functions (or functioned) as a giant status-seeking engine. This piece, Nadia proposed, crystalized the era of the internet when people were optimizing for likes and cultural cache in a game that felt novel and exciting. Something ess... See more