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A week ago, OnlyFans posted that they had paid out $700M to creators lifetime to date. Now the headline image says $725M. At a 20% take rate and with the approx timeline, thats ≈$800m-1.5B GMV run rate and $150-300M revenue run rate. This is a billion dollar media company.

But there comes a point in every story when those who were fighting to gain power gain it, and need to begin the hard work of ruling. When they’re no longer the underdog, but the ones in charge. My guess is that existentialism is going to make a comeback as people realize that self-sovereignty is a double-edged sword.

The lower funnel transactions do end up eventually happening even in the US market from online live shopping. They just end up happening later, indirectly, and mostly outside of the video experience.

You can charge recurring revenue; after all, nobody wants to work with obsolete data. (This is harder in the early days, not because of lack of buyer appetite, but because your update cadence probably isn’t good enough.)

Hyperstructures can be simultaneously free forever to utilize and extremely valuable to own. This is possible because of their unstoppability. There is no cost to maintain and keep the protocol operational forever. Once deployed, it will work exactly as it’s designed with no degradation. For example, if the Uniswap team and website disappeared toda... See more