Tokens that get their value from "governance rights" are mostly bullshit.
In order to assess whether the governance rights are actually valuable, look at 3 related areas:
- Scope
- Scale
- Selfish Benefits
Quick 🧵
Without going into the moral implications of choosing "robots" over humans, virtual influencers can open up new social media channels for brands. Depending on the brand, VI marketing can be a great way to connect with audiences. It’s up to brands to decide what the trade-off is between messaging, having control over a virtual persona, a likely boos... See more
As exciting as NFT art is to artists, a similar opportunity may await writers, editors, and publishers. But, the infrastructure and tools are not quite there.
BAYC launched to the public on April 23, 2021 with little fanfare. The pre-sale launch announcement in Discord was met with almost zero reactions. By the end of the week, only a few hundred apes had been minted from
How come? Because the things we own through our wallets mean something. When we show up with our wallet, we show up as us. And when we connect our wallets, and feel that magic moment where suddenly the world changes - it sees us, and opens up - that’s a pretty awesome feeling.