Sarah Drinkwater

One of the reasons that there is so much confusion around token design, and value accrual specifically, is that tokens, and the DAOs and protocols that issue them, are so multifaceted. Sometimes, the issuers want them to behave like shares in a corporation. Others issue “governance” rights to skirt regulations while insiders pump the tokens in the... See more

It’s interesting to think about how new generational consumer behaviors translate into new businesses. We’re seeing a slew of startups building better solutions to the housing crisis, the climate crisis, the education crisis. But there are also less obvious impacts from consumer behavior:

Pretty basic! And yet, nothing on the internet presently allows me to do this — not in a way that’s sufficiently simple, expressive, and predictable.

The optimism of Web 2.0 rested in large part on its pure excitement about the web as a fundamentally open-ended technology. In Free Culture, permissive intellectual property and remixing would unleash a wave of as-yet unimagined discourse and expression.

VCs are facing the "Big Budget Effect" that is plaguing Hollywood studios right now. In the year 2000 you had just three movies that had made $1B+. Titanic, Jurassic Park, and Star Wars Episode I. Today you have 45+ movies that have made over $1B, and some of them have made $2B+ like Avengers and Avatar.