The MLS helped agents create value by making home data scarce and difficult to access; Zillow was making it open and free. As Zillow grew in popularity, however, MLS realized they couldn’t live without Zillow.
But what if you could build a version of Twitter that kept out the Reply Guys and the sea lions, and included only people who had some shared context around a subject or interest? That’s the idea between the company’s launch today of Communities, a way to create semi-public groups where only members can participate in conversations.
The most straightforward example here is the play-to-earn gaming movement kicked off by Axie Infinity. Axie is neither the most fun game in the world nor the highest-paying job in the world, but it was able to attract over a million players because it offered more money than the games they were used to playing, and more fun (and often money) than t... See more
Social media acts as an emotional coordination layer, increasing the amplitude and frequency of culture. Jealousy, resentment, and fomo are more viral and powerful than ever, particularly when everyone is on their computer all day post-lockdown.
If your personal data makes it onto some public blockchain, it’s likely on many machines spread all over the world, with no singular entity able or willing to take the ‘controller’ liability bullet. That’s the ‘nobody’: there’s no ‘real or legal person’ the EU can nail to the wall for not deleting data or whatever else their precious GDPR stipulate... See more