So, what exactly has OpenAI done differently? Expanding on Altman’s comments and adding a few others.
Going to market with a consumer and an enterprise product. ChatGPT Enterprise just launched. There’s ChatGPT Plus for $20/month for consumers. Is ChatGPT just product-led growth for the enterprise product, or will OpenAI run two playbooks: one to b
The ability for anyone in a vast network of disconnected, distributed participants to leverage the work of others to create new applications didn’t just arise spontaneously — it required the cooperation of many people. Ethereum smart contract developers enabled composability over time by converging on community standards that describe how certain t... See more
In some instances, scarcity produces status. The "drop" is one mechanism to create scarcity that has had a profound cultural effect in apparel and beyond. Going forward, we may see such practices used by software companies, potentially opening the door for "programmatic scarcity."
Moreover, collaborative tokengating is an inherently superior format for anything that involves remixing community signifiers and endorsements: in our gated collab example, it’s not like we want to gate to a specific set of people, we want to gate to a specific set of accomplishment-holders, which is a far more flexible and remixable format.
Web3 will be defined by “token effects” and not traditional network effects.
What does that mean? Token-based projects have a better shot at building powerful and useful networks that are user-owned and operated.
(visualized brilliantly by @LeConcurrential)