In any context where there's a coordination game that has existed for long enough, there's likely a conception of legitimacy. And blockchains are full of coordination games. Which client software do you run? Which decentralized domain name registry do you ask for which address corresponds to a .eth name? Which copy of the Uniswap contract do you... See more
How should we be thinking about all of these DTC brands? It’s actually through 3 fairly simple criteria that we should evaluate any type of business, whether DTC or otherwise:
“We need to open up and be transparent around how our algorithms work and how they’re used, and maybe even enable people to choose their own algorithms to rank the content or to create their own algorithms, to rank it. To be that open, I think, would be pretty incredible.”