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... See more

NFTs are a shareable display of our social capital. First, kids buy Fortnite skins online, then moms buy Bored Apes on-chain. Both actions are one in the same. As owners, they allow us to signal wealth, intelligence, and belonging.