Knowledge beachcomber interested in the ownership economy, flourishing communities, ecosystem building, magic, and knowledge as an end to itself.
Uhh… a massive DAO just voted to “refund” one of their investors who was owed a 30x return ($5M+)
This is an insane story that impacts all builders in web3 and as a founder I need to speak out
Merit Circle DAO vs YGG 🧵
The innovators in this report say yes, not just possible, but necessary. They speak to millennials asfriends, offering positive and practical advice through clean and personable websites. They encouragean ethos of care for self and others and a mindset of abundance. They argue, explicitly or implicitly, thateach person is a change maker with the... See more
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.
The Citizens’ House will facilitate and govern a process to distribute retroactive public goods funding, generated from the revenue collected by the network. Citizenship will be conferred by “soulbound” non-transferrable NFTs, and the set of citizens will grow over time as the Optimism community grows. The Citizen House is the vehicle which enables... See more
The vision, launching publicly for the first time today, is Coalition, a fund and operator network designed to increase diversity on cap tables and help founders access some of the top minds in tech.The fund is a $12.5 million investment vehicle with investors including the founders of Zola, Box, Glossier, Chief and Solv; as well as senior... See more
This work is less about what was happening in the 2000s and more about what those early signals suggested about seemingly endless possibilities in the future. What was to come — even if we weren’t quite sure what that was — was a bigger deal than what had already happened.