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Warm Crypto
Can we all earn a living for doing what we love, and loving what we do? Surely there is an entire sample space of token design resting on patronage, appreciation and respect as foundational primitives. One centered on the notion of energy that must be earned and refreshed anew in a world of constant entropy. I do believe the weight of historical go... See more
Richard Kim • Warm Crypto
When you unleash the creative potential of artists worldwide by unlocking digital scarcity, against the backdrop of a generational shift in identity from a primarily physical to digital world, it’s no surprise that the NFT market has exploded to a multi-billion dollar industry.
Richard Kim • Warm Crypto
Tokens are a double-edged sword that have the potential to unlock new economic models of self-sufficiency, but run the risk of confusing individuals into thinking they have developed lasting community, when all they have created is an unsustainable money game.
Richard Kim • Warm Crypto
What would it take to alter the foundational unit of account in web3, so that its bedrock comprises not just money and status (the “yang”), but is counterbalanced by the weight of good deeds, self-discovery and shared purpose (the “yin”)? Harmony lies in opposites, and for all the opportunity that the $2 trillion crypto market has enabled, the real... See more
Richard Kim • Warm Crypto
For the foreseeable future, the most successful community currencies will come from games. What makes a virtual currency sustainable? The willingness of payers to convert and retain. Who has figured this out better than anyone? The free-to-play gaming industry, with annual microtransaction revenue of nearly $100b. What drives the willingness of gam... See more