But there’s an equally important force, the one that keeps OpenSea in line: competition combined with portability of assets. If OpenSea were to start charging 5% or 10% or certainly 30% to sit in between sellers and buyers, people would move their business to another platform immediately. For decentralized protocols, which are open source by defaul... See more
When I think of Twitter, I think of Digital Darwinism. Digital Darwinism is the phenomenon that technology and society evolve faster than an organization can adapt.
"Game design can be thought of as the structuring of incentives.... Money (virtual or not) is a very blunt instrument, because it incents strongly but mostly as an extrinsic reward. Ideally, you find a way for the monetary rewards to tie into intrinsic motivators."
“And it has an emotional resonance, that the written word just can't match. If you read David's words versus listened to them, some huge percentage of the value would be lost. So that trifecta is amazing to me, much easier to create, much easier to consume, and much more impactful when consumed. Those are what make audio so powerful.”
Second, most community members complain that, on chat platforms, they often answer the same question or address the same concern many times over. The conversations just disappear too quickly for others to easily find, and since they’re not indexed or perma-linked, it’s difficult to reference previously answered questions.