The promised land of the singing frog

If companies can provide incentives for early adopters to participate before critical mass is achieved, they’re more likely to pose a credible threat to incumbents. As Charlie Munger said, “Show me the incentives and I’ll show you the outcomes.” A lot of business models that failed in Web 2.0 will become viable in Web3. The next generation of platf... See more

These network effect winners, these new big firms, have power in a way we haven’t seen before, because their power also comes from us using them, not just from something that they do.