My view is the root cause of a lot of these issues is a deep structural misalignment between the needs of their underlying corporate structure of companies like Twitter and the needs of the networks they operate. There are other ways to build these networks. Email is a good example, which runs on an open protocol called SMTP that isn’t owned by any... See more
Understand this: yield has to come from somewhere. If you can’t understand in simple terms where yield comes from, what risk you are being compensated for bearing, then the yield is likely not sustainable. It rests on temporary venture capital subsidies or from inflows into the protocol from other investors. As the recent crypto crash reminds us, o... See more
Someone could replicate OpenSea…but give the upside to the community. Enter LooksRare—a community-owned NFT marketplace... They gave everyone who’s traded at least 3 ETH on OpenSea some tokens to win them over.
People are bad, always, because they are in difficulty. They slander, gossip, denigrate, and growl because they are not in a good place. Though they may seem strong, though their attacks can place them in an apparently dominant role, their ill intentions are all the proof we require to know as a certainty that they are not well. Contented people ha... See more
Information technology is highly portable, it ’s not reliant on one place, so a certain area doesn’t have the same kind of control over it. GM can’t pack up its car plants and fly off to another country over night, but a software company can.
There are no retreats planned, and no social channels in Slack. There are limited opportunities for growth. And we can’t compete with the comp packages that big tech companies can provide.
Which then begs the question, what's the future of feed? And in a world where more of the friend content has gone from feed into stories and DMs, I think that feed is going to become more public in nature. We want to steer it, to the degree we can, towards creators and individuals, and less towards publishers and institutions.
Things that make this hard in practice:-It’s hard to actually know what you want or need;-It’s hard to be creative about solutions and imagine how another person would help solve it;-It can be intimidating to ask the person;