sari

This is a new design space for tokens: one that is more social-oriented and flexible. As the community grows and changes, the design for the token is able to change as well. This is similar to many early internet communities or fan pages. Once communities figure out which of these templates work best, more communities will shift towards the minimal... See more

Without a specific idea of the good to build towards, the financial interests of large tokenholders have become over-represented in protocol governance. In our view, this constitutes a centralization risk.

On average, companies in major cities spend $1-2k per month to keep their employees at a desk in an office because that’s just what companies did. Imagine what they could do with $20k per person per year, a blank slate, and a desire to organize themselves around what they want to achieve.

Digital art suffers from perfect reproducibility, and hence, a lack of scarcity. There is no “real” version — even in the artist’s studio, copies proliferate in backups, on shared drives, and in cache files. For decades, we have experimented with watermarks and anti-piracy tech to try and enforce a physical, world-of-atoms scarcity on digital... See more

Now that I’ve gotten that off my chest, I do want to dig into the benefits of looking at your subscribers as members. It can become a self regulating community that inadvertently becomes more loyal to the brand.

These two factors together make it possible, for the first time, to agglomerate economic activity virtually. Could the next big tech region be built on the internet? All it needs is one big push.