You should expect that (if you're lucky!) your spouse—and maybe one good friend—will read and understand your work, but that as a general rule: the people who are closest to you will care and understand the least. Their very familiarity breeds a kind of incomprehension of anything that goes beyond the person they thought they knew.
Decentralized network governance consists of four main components: (1) leadership, vision, and values that attract and guide network participants; (2) rules inscribed in the relevant software protocols; (3) rules and regulations external to the relevant software protocols; (4) community coordination and management.
I wanted to highlight that there is not a “Just Do This One Simple Trick” solution to challenging organizational problems. These issues build up over long periods of time and form deeply held and sometimes unconscious patterns of organizational behavior. No one intends to build processes that don’t work, but they sometimes implement processes that... See more
It's important to understand why even the most grandiose promises are "investable" at this stage (if inadvisable under US securities law). Tokens are issued on a blockchain, which creates, at minimum, the conditions for exchange, ownership and participation, as well as more advanced rules like scarcity of supply, consensus, reward mechanisms, and... See more
Web3 is a new vision of the internet. It takes us away from today’s centralized internet, where data is stored in servers managed by trusted counterparties like Facebook and Google, to a decentralized internet, where a trustless network of peer-to-peer servers manages and verifies data.