sari

‘The optimal governance structure for early-stage projects is founder dictatorship. The optimal governance structure for mature projects has large user/stakeholder involvement. “Exit to community” continues to be underrated as a way to get both’. - Vitalik Buterin

Blame human nature. As much as we intellectually appreciate openness, at the end of the day we favor the easiest path. We'll pay for convenience and reliability, which is why iTunes can sell songs for 99 cents despite the fact that they are out there, somewhere, in some form, for free. When you are young, you have more time than money, and LimeWire... See more

Liquid Super Teams are like bubbles in a lava lamp. People float in and out, join forces when it makes sense to, bounce away when it doesn’t.

Twitch users consumed 592bn minutes (!) of live-stream content last year, and Twitch has recently pushed into non-gaming categories like music and sports.

The other appealing thing about DAOs — and what makes them superior to the web2 model I discussed above — is they remove the misalignment between the company and the network by eliminating the company altogether and shifting the economic and governance rights to the network... We like to say instead of “don’t be evil” it’s “can’t be evil.” Instead... See more

Unfortunately, today, those great non-owner experiences barely exist. For art and collectible NFTs, the UX so far consists of marketplaces, social posts to promote sales, some data-driven transaction ranking sites, and crypto-wallets. We have the NFT equivalent of auction houses, media for pro art buyers, and the systems to manage transactions. All... See more