Governance rights face similar challenges with both fungible and non-fungible tokens: ownership naturally tends to have a power-law distribution so the question becomes: what do you do about whales? This recent essay by Vitalik paints a clear picture for why this will become an increasingly problematic issue for DAOs, both in terms of incentive mis... See more
On the other side, new social spaces will continue to emerge and bring with them new rulesets, dynamics, and discovery algorithms to connect new people in new ways. We argue that this is the primary value of social networks and should be their sole focus: developing and providing different “flavors” of content and algorithms
In Africa, where small businesses are the backbone of the economy, most businesses still use paper ledger books to record transactions. That means poor insights, lack of access to credit, and too often, failure.