A masterclass how to go from web II —> web III by @Poolsuite 🧵. I tweeted a few weeks back I was most excited about NFTs that launch for organizations / products / experiences that already had a strong culture narrative & community around them because they
The massive dissemination of information — and I would argue a large contributor to a network’s massive value — comes from the ability of information to jump from one subnetwork of users to another. On Twitter, the jumping function is the retweet. A person who lives and breathes technology tweets about a new streaming music service called Spotify, ... See more
A virtuous, compounding flywheel is created: (i) Discord highlights prominent bots, (ii) customers see these bots and start to use them, (iii) bot creators make more money, (iv) their success attracts new developers to the platform, (v) this makes Discord’s platform stronger, (vi) a stronger platform attracts more users, (vii) more users create dem... See more
Information technology has a shorter product cycle. Products will become obsolete faster, so any gains from extorting above-market wages will be short lived.