Because you can see, even more clearly with the distance, the theory of attention that underpinned the iPhone: that with these calm and capable devices in our pockets, we would ourselves become calmer and more capable. That we would master what cognitive scientists call executive functioning — the ability to mentally plan, organize our working... See more
Tokens aren't a silver bullet that make a product or business viable. In fact, tokenization creates its own set of challenges. For example, if you want stable recurring revenue, you can't rely on a tokenized membership model – this would require consistent sales of a token rather that consistent member dues.
By building out their social elements (which are coming after the game is more fleshed out), STEPN has the opportunity to build the first fitness app for non-athletes. It feels meaningful that they went with the name “STEPN” instead of “RUN’N.” It’s for casual use, not necessarily for athletes.
Nervous about joining an early stage startup? Let's talk about risk. There are two types of risk: job risk and career risk. People think they are the same. They aren't. They are very different.