A huge part of the problem is that digital spaces generally have no equivalent of a disapproving glare. You're stuck choosing between staying silent and entering the fray, with few options in between. If you have little reason to believe that other reasonable people will back you up, you're going to stick with the default: silence.
If a supply-sider runs unprofitably for too long, they’ll shut down. But that doesn’t mean the protocol shuts down. The protocol only shuts down when the last supplier goes offline because they, too, were running unprofitably. If no supplier can run profitably it’s likely a poorly designed protocol, or one supplying an unneeded or overly crowded se... See more
The Metaverse is the Internet, w/ two differences:1 - visualization layer will be better. Today it's Google Meets, tomorrow it's augmented reality.2 - Digital objects will be composable and not stored in private databases behind APIs and T&C's.
The key characterizations of web3 are: d ecentralized, e dge computing infrastructure, AI-driven, 3D Graphics (aka the Spatial Web), t ransparent/open source, a nonymous, u biquitous (IoT)
Much has been written about how brands like SoulCycle built cult-like followings by tapping into the collective desire to connect to something larger than themselves. Today, this practice has gone mainstream, so the question becomes, How can brands go beyond selling and engage with people’s spiritual lives?
NFTs delivered what social tokens promised:
• community alignment
• shared upside
• token-gated access
Why have NFTs one-upped social tokens so far?
You can’t flex a social token.