Blockchain technology will enable this vision. Virtual worlds and economies will be owned and controlled by creators and consumers. Non-fungible tokens (NFTs), DeFi, social tokens, decentralized autonomous organizations (DAOs)—all are central components of this future.
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"By allowing them to get occasionally bruised in childhood we are helping to make certain that they don’t get broken in adolescence. And by allowing them their failures in adolescence, we are helping to lay the groundwork for success in adulthood."
Crypto Bezos might not be afraid to retain centralized control over the business while giving customers upside via social tokens instead of going full DAO.
Many opt instead for a more real, meaningful, and uncultivated micro-network presence instead. In a micro-network, posing in a rented private jet becomes ridiculous, so different forms of social distinction take place, like closeness and belonging, knowledge and expertise, or talent and skill.