sari

It’s slow and expensive, for instance, to reward a small contribution to a traditional company with an equity grant. But tokens make it easy and inexpensive.

In Web2 companies, cash usually comes from investors and there is no value returned to them for years. Ownership is largely concentrated in the first handful of employees along with their investors.

Non-crypto businesses can increase efficiency and have more functionality by plugging into open ecosystems like Ethereum — much like the API economy enabled companies of all kinds, including mom-and-pop shops and small businesses, to access data and competencies they wouldn’t otherwise have been able to. An example in the tech space, however, is Re... See more

What am I afraid of?

This is supposed to be what dreams are made of

“I mean, I’ve been pitched, we’ve been pitched every version of that,” Green says, before offering a firm, “No.”

Often significant governance power is distributed to early DAO contributors But what happens when those contributors leave or reduce involvement? A short 🧵

We adore quick wins these days: the kid on Youtube who goes viral and becomes an overnight sensation, the tech startup that goes from zero to unicorn in a year, the miracle makeover. At this point, the story of the tortoise and the hare is passé, and who really reads this to their kids anymore—I never have. We might as well rewrite the thing: the t... See more