Sam Blumenthal
@samblumenthal
Sam Blumenthal
One question I had is whether you can build giant fictional worlds this way. Right now the NFT market is full of speculators hoping to flip their acquisitions for a quick profit. There is more than a little of the mania that fueled this winter’s meme stock enthusiasm to be found on the crypto Discords. (More than a little cynicism among the... See more
The Verge • Loot is a viral social network that looks like nothing you've ever seen
Will stablecoin access fees be a material source of income for Ethereum and other token holders? As stated above, stablecoins are generally backed 100% by liquid reserves and therefore do not result in any speculation on their prices. The larger centralized stablecoins such as USDC are not their own blockchains but instead are tokens that are... See more
JP Morgan • The Maltese Falcoin | J.P. Morgan Private Bank
The new gaming features are integrated into the experience of browsing. The Treasure Spin appears at the top of a customer’s feed in the Tophatter app, and the skins they win are visible to all of the bidders on a particular product. “If you have time to spare and you’re looking for what to do in that time, we want to be top of mind in terms of a... See more
Michael Waters • Tophatter is bringing gamified commerce to the U.S.
Selling DTC in China via Cross-Border E-Commerce 2022
azoyagroup.comChina Trends and
Zepeto
zepeto.me
Synthetic Media and
They are technically complex, but socially promiscuous in a way only much simpler digital things, such as plain text files or JPEGs, have been so far. As we’ve discussed, they’re also kinda content-free. They bear no necessary payloads, pointers, programmed affordances, or rights. All those things are optional extras. The NFT itself is just a token... See more
Venkatesh Rao • Magic Beans - by Venkatesh Rao - Ribbonfarm Studio
There are large indicators that there is major demand for more sophisticated social commerce in the US marketplace already. An obvious example of this is Instagram, which has over one billion users and is now, arguably, one of the world’s largest social shopping platforms. Similarly to Pinduoduo, Instagram has fostered a browsing-based feed from... See more
Anu Hariharan • Pinduoduo and The Rise of Social E-Commerce
So the parsimonious mental model of an NFT based on what we’ve discussed so far is that it is a promiscuous and vacuous digital social object. A thing that contains no substance itself, not even reliable pointing properties, but has an identity and can be traded, transferred, mixed and matched indiscriminately with other things in a social context.