sari

2) Built-in incentives for users to coordinate in adding value to the network. Because DAMN participants own their network, they are naturally incentivized to coordinate in increasing the network’s value. With a DAMN structure, the network’s value is a direct function of the demand for its token. The demand for a network’s token increases as more... See more

A useful historical analogy might be retail. In the second half of the 20th century, retail jobs exploded. But Amazon and its kin moved work out of brick-and-mortar shops. What the e-commerce revolution did for physical stores, the telepresence revolution could do for office-adjacent employment: put downward pressure on the laborers who serve... See more

While most people at the time were focused on its viability as a currency (and many still are), the smart folks were a lot more interested in what its underlying blockchain tech might mean for future business models.

An overview of some of the biggest differences between SaaS and CSS focused on:

for nearly fourteen years afterwards, I stared at a smartphone every single day. Five thousand days, all in all. I can’t think of anything else I’ve done with the same level of commitment. There have been days where I’ve had nothing to eat or drink and there have been nights when I didn’t sleep. But until very recently, I never once went... See more