While newspaper executives would argue that, in 2019, it more difficult to persuade consumers to pay for journalism, a private 2PM poll identified that the average earner between $90,000 and $250,000 pays for 17.2 monthly subscriptions across media, entertainment, and utility. Of that 17.2 monthly recurring fees, an average of 5.7 were devoted to... See more
To understand what’s driving this shift, you need only talk to young people. They’re saying that after years spent constructing carefully curated online identities and accumulating heaps of online “friends,” they want to be themselves and make real friends based on shared interests. They’re also craving privacy, safety, and a respite from the... See more
Tokens are programmable “side currencies” that also act as a proxy for equity, but they can have a number of other uses as well, which I cover further down. Tokens will generally track the market cap of the issuing project / business, which is why you can see huge runs in value appreciation as network effects occur and something gains traction.