For social networks, one way to monetize is via social amplification. Instead of cutting off your users by imposing a paywall or membership, charge them to separate themselves from the crowd. Tinder does this with super likes. Fortnite does this with virtual skins. And nowadays, some DAOs, like FWB, are token-gating their Discords so members can jo... See more
Having a token brings a community together loosely with a financial stake, but composable membership holds a community together long term with social capital. That's a lot of buzzwords, so let’s explore this in three parts:
These are the kinds of curious, mysterious, and original minds that often end up making major contributions to our world; to reach their full potential, however, they need the latitude to follow their own oblique, nonstandard paths. That latitude is seldom found in a conventional, box-shaped classroom in which everyone is supposed to be doing the e... See more
Trust and safety plays a big role here. We're starting to see some of the backlash against Facebook, Twitter, Instagram because of what we've seen them do with all of our collective data. And so now being able to position as a company and say, "We will not do that, and therefore, here's monetization strategy X," actually resonates and has value. — ... See more