We know the problem: “how can we build signal-legitimized social markets?”. Solving this problem is downstream of the need to build a better way to surface, process, and consume information.
At a high level, here’s how governance mining works: A protocol commits to distribute some portion of token supply to governance contributors over some period of time. Tokens are allocated relative to how much each group/individual contributes, weighted by the value of the outcome of their contribution. The more valuable the contribution, the more ... See more
Over the last generation, we have solved tons of well-defined problems. We eradicated smallpox and polio. We landed on the moon. We built better cars, refrigerators, and televisions. We even got ~15 IQ points smarter! And how did our incredible success make us feel?
Let’s start with the breakout asset class of the year: NFTs. Yes, they’re like the ICOs of this cycle: sky highhype, crazy volatility, lots of early lottery winners and complete garbage. But as a new asset type and class,
“Most of the web has become too inauthentic to trust,” Brereton argued, therefore “we resort to using Google, and appending the word ‘reddit’ to the end of our queries.” Brereton cited Google Trends data that show that people are searching the word reddit on Google more than ever before.
People will struggle to structure their time now that virtual activities carry more social weight than they did in the past. IRL hangouts have more tangible controls and barriers to entry that prevent people from engaging endlessly, and physical anchors that help form habits and routines. Without that, people are going to either burn out or quickly... See more
Today, there are three main approaches to solving discovery problems: Conducting research, asking peers for recommendations and using a recommender system.