sari

But we shouldn’t think of NFTs as tokenized digital content itself. A core insight is that NFTs are much better understood as encapsulating intellectual property rights to the assets they describe.

If the future role of a media company mimics that of record labels, then we start to see a significant shift from these institutions to attribute more of their value as operators and begin to diversify their business of being just a brand.

Mirror isn’t a typical hardware company: they designed their business with recurring revenue in mind. While Sonos, GoPro and Fitbit struggled (well, are struggling) to start a product line that earns recurring revenue, companies like Mirror were built for it from the start. For $39 per month, subscribers get access to live and on-demand workout... See more

Royal’s smart contracts will automatically collect and distribute royalty payments, handling everything from conversions between fiat and on-chain tokens to paying out shares of royalty revenues to LDA holders. Royal collects a small share of royalties as a platform management fee.

This is, I think, at the root of why I like reading private notes so much. There are so few places where we get to be close to other people and see the messy humanity they carry behind the identities they have polished for society life. There are so few places where we can apprentice ourselves to the unspeakable labors of thinking and feeling that... See more

Crypto enables new ways for musicians (and other creators) to directly capture the value they create in a couple key ways: