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1. Creating a token for your community is a long-term commitment... there’s an implicit obligation to make the token more valuable - whether that's creating more content, offering more perks, or doing something else for your community.

Price Stability - How do you manage the stability of your Token, so people are still motivated to collaborate? What will be the anchor exchange rate with Ethereum (1ETH = 10?100?1000? of your Token)? Do you want to create an inflationary or deflationary token (monetary policy)? With which tokens do you want to bond your token (Collateral volatile... See more

If you look at the sources of traffic for Barton’s companies, the vast majority of their traffic comes from search or direct. This makes their user acquisition far cheaper than any company that relies primarily on paid acquisition. It’s this ability to get free acquisition at scale that made it possible to build companies in these otherwise... See more

Networks have also had a contentious relationship with developers, who brought in millions of early users. Developers built alternate clients, invented UI paradigms, and even launched billion-dollar gaming companies. But as they grew, the networks realized that they didn’t need developers anymore. Most users were locked in and wouldn’t leave... See more

Fabbri’s book suggests that to keep everyone busy, humanity is creating more and more jobs that are not necessary:

Gresham’s Law can explain why the median consumer reads low-quality information online. On the Internet, low-quality content drives out high-quality content, as the most wide-read articles are polarizing and emotionally jarring. First, they distort the truth by eliminating nuance and adding emotional charge to important topics. If you check almost

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If you put your best content behind a paywall, it’ll be harder to acquire new subscribers. But if you make your best content free, it’ll be harder to retain subscribers.