Users don’t simply control their data on web3 platforms—their tokens, their contributions, their social records—but will increasingly have ways to leverage that data as on-chain credentials for joining emergent communities, testing their predictions, and getting jobs. Platforms’ secret opportunity is in incentivizing collection of this data for... See more
This “community of practice” is what makes it possible to construct buildings at all, but it also makes it hard to innovate - any new method or technique will likely face an initial period of being worse than conventional methods.
Apple, of course, is one of the most successful versions of this. The company currently has 585m total paid subscribers for its various services, allowing it to earn revenue over the usage cycle rather than from purchase to purchase.
0/ One theory of the metaverse is that the company that controls the social graph, will have the strongest influence on the Metaverse
So I’ve been thinking a lot about how to get the social graph data out of Facebook and Twitter, etc