The Opening

By definition, you will likely succeed a vanishingly-small percentage of the time, but—as the saying goes—that’s a feature, not a bug. The point is to venture—fistfuls of money in hand—at the furthest extremes of capitalism, hoping to stumble upon that rare, proper intersection of technology and commerciality.By design, most investments will miss t... See more

one of the things that excites me the most about web3 is simply that it has spurred a re-thinking of many of the models and systems we’ve taken for granted, and provided a laboratory in which to experiment. In many situations, blockchains really are needed – tokengated commerce works because any merchant can read what’s in your wallet – but in many... See more

Most of today’s Web3 virtual neighborhoods are following the history of the physical world’s McMansions; building 10,000 ‘homes’ in the middle of nowhere hoping people move in. The awareness that needs to take place in order to avoid a mass flippening is the approach Web3 takes to constructing neighborhoods. Instead of just finding land, developing... See more

In particular, I find the diffuse capitalization, ownership, and control of these kinds of networks extremely appealing. It’s this — not stupid ape avatars or hype about Bitcoin as “digital gold” — that gets me charged up about crypto/blockchain stuff. It’s also why think we need to be careful about regulation that could strangle the baby in the cr... See more