The Garden of Magic Eden

We are just beginning. Though projects like Decentraland have achieved lofty valuations, it feels as if we are in the very opening stages of a long-term shift toward more expressive digital experiences. Creating a world with deep, enduring appeal will take time.

In marketplaces, transaction frequency & building user habits is more important than having the highest overall GMV. Let's consider NFTs on Solana vs Ethereum through this lens, by comparing @MagicEden_NFT vs. @opensea:

how can we combine top down critical narratives and curation in what we think is an important art movement together with access to emerging artists and opportunities in a way that there is real investment value, precisely because they're undiscovered. And so our thinking there is to really try to create the MoMA for generative art by pairing some o... See more

Similar to many daos, Cabin still looks like a bit of a fantasy—an emergent community in search of an outlet for its exploding energy. With any technology, Hillis said, “eventually the infrastructure becomes invisible.” Ultimately, the dao framework matters less than what an organization actually accomplishes.

One of crypto’s biggest challenges to date has been figuring out mass adoption and use cases that keep people coming back. If Axie is able to amass the largest user base in crypto, help them earn a living, and keep them happy and engaged, they can turn that firehose on any product they choose. That’s why they’re vertically integrating now -- they h... See more