One thing that might surprise you about dominance is how companies get it. You might think it comes from rapacious win-at-all costs business practices, or from raising large amounts of money to snuff out competition. But we’ve found that the primary source for a company’s dominance is whether it designs its product and business model to be... See more
Exclusivity is a Double-Edged Sword – there are diminishing returns to growing an exclusive community.
The Social Token Paradox by @gaby_goldberg got me thinking about how socials tokens based on exclusivity might get trapped in a cycle of growth and diminishing social value.
Prediction: virtual economist will be one of the most in-demand jobs of our time 👩💼🔥
As web3 grows and games become virtual economies where millions live and work, designing systems where users feel rewarded for time spent will be a critical skill
Short thread 👇
The thesis for value accrual in the social token ecosystem is straightforward.
Social token platforms with strong token economic models – that directly capture value from social tokens – will have the greatest opportunity to accrue revenue and value from social tokens.
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