🧱Alternative funding model (inspired by cooperative breweries)
Get 1,000 people to chip in $1,000. Make them members/ co-owners.
Put each person's name on a brick behind the bar.
Let them brag to their friends that they co-own the... See more
This bookstore is a great example of community ownership
web3 protocols enable two types of decentralized ownership:
#1: ownership of content (tokens, NFTs, data)
#2: ownership of the protocol itself
controversies about VCs owning web3 are *all* about #2—fair enough.
but don't forget #1 is revolutionary... See more
In a world where the amount of things you can speculate on is ever increasing - it’s more efficient to find the next airdrop than contribute meaningfully to a single project.
The result is a depleted treasury and lots of speculators, with no resulting impact on retention/growth.