This is all happening despite the fact that it’s still fairly clunky and expensive to engage with NFTs on Ethereum. Minting a single NFT costs roughly $100 in ETH, and buying and trading incurs high transaction fees.
Key is to understand what is endemic to their audiences. Idea of product-influencer-market fit. For example, Emma Chamerlain built a coffee brand around herself. See the beauty side of YouTube as a leading indicator of what this looks like. Micro/medium influencers.
Many issues people have with social networks and technology arise from a mismatch between the nature of these networks and the legacy corporate structures that govern them.
The supply chain crunch was started by increasing demand for goods, as consumers stopped spending on services. Americans in particular had more money in their pockets because they weren’t going on trips, spending at restaurants and bars, or attending concerts. Instead as city after city started enforcing lockdowns and restrictions, people started s... See more
The most existential question in crypto: what will be the relationship between tokens and communities?
At stake: can DAOs bring virtue back to scaled organization? Or will they accelerate the economics-only mentalities that have been corroding society?
A way-too-long-🧵👇
For example, almost everything I know and actively share about writing online already exists somewhere. The problem is, you don’t know where it all is (and honestly, neither do I at this point). So while it might all be freely accessible on the Internet, it’s not very well organized. And so instead of spending 50+ hours scouring the Internet for ev... See more
Every one of my team members, regardless of their role, is required only to do two things: be world-class high quality output at your field, and make the team stronger. It is not enough to be team neutral (not to hurt the team), you must make the team stronger.