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Another benefit of NFTs is that they turn digital media into public goods with pseudonymous ownership. A digital media file that’s minted as an NFT can be read by everyone, but owned as a collectible by a single entity. This provides a new monetization channel for digital media without limiting growth by putting content behind a paywall.

What we have long called the creator economy is evolving to become more of a “meaning economy,” where the creators and brands and experiences that engage us will do so through story, craft, and a deeper and more sophisticated sense of meaning. The creator economy was ultimately driven by content (enabled by ubiquitous access to content creation and... See more

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Covid-19 has created short-term winners and losers. But the more structural impact is that trends already under way have been accelerated. Everything was already moving online. Now this is happening even faster. Online marketplaces now have a combined value of $814 billion globally. 58% of consumer marketplaces could be well-positioned to navigate ... See more

This is not to say that you shouldn’t grow. In marketplaces, saturation of a market is critical, and the only way to do that is to grow. But if you think of growth as a means to increasing the average level of happiness per transaction (instead of the goal itself), it will focus you on quality growth over vanity growth.

Our emotions and intuitions are not something to be set aside, they are among the best tools we have in determining what to work on in this world, how to live, and how to aim towards a better sense of belonging. Learning to tame your emotions through willpower is helpful, but your emotions themselves are still an asset. They are a tool to be cultiv... See more

Generally speaking, the network functions through a point system. Parents trade their time babysitting for points, rather than dollars. Those points can be used to "purchase" time for someone to babysit their own kids. If a family doesn't babysit for other families, they will ultimately run out of points and to continue participating in the platfor... See more