Products and services are being developed all around the world that will make it even better. I’m so excited about how a majority of the economy going distributed will improve people’s quality of life, and unlock incredible creativity and innovation at work. (They go hand in hand.)
TikTok raked in nearly $4 billion in revenue in 2021, mostly from advertising, and is projected to hit $12 billion this year, according to the research firm eMarketer. That would make it bigger than Twitter Inc. and Snap Inc. combined -- three years after it started accepting ads on the platform.
One thought I’ve often had about success is this: none of it is solid or is guaranteed to last. A supposedly great book can be forgotten or become dated. Laurels fade pretty quickly. But the one thing that seems pretty resilient is the pleasure one takes while writing – the alteration of the mind that takes place as we work a thing up the ladder, m... See more
But an ad-driven marketplace adds a deeper layer, where the audience is actually on the supply side. Their attention is what demand-side nodes — i.e. advertisers and content producers — want.
The most important thing that can be done today is moving away from the idea that coin voting is the only legitimate form of governance decentralization.