sari

There’s a misconception that DAOs in particular don’t need people because smart contracts manage everything. This is patently false.

It is hard for us humans to separate information from meaning because we cannot help interpreting messages. We infuse messages with meaning automatically, fooling ourselves to believe that the meaning of a message is carried in the message. But it is not. This is only an illusion. Meaning is derived from context and prior knowledge. Meaning is the ... See more

Social capital is distributed differently than conventional power.

Consider your own product. Is it fun, even without a goal? Does it indulge moments of playful exploration? Does it create moments of pleasant surprise? If so, congratulations because then you have a toy and you're on the way to building a great game.

Right now, we’re either witnessing a golden age of expertise or a crisis of expertise, depending on who you ask. It’s undeniable that technology has democratized access to high-quality information, data, and tools for research, creation, and distribution.

NFTs are a shareable display of our social capital. First, kids buy Fortnite skins online, then moms buy Bored Apes on-chain. Both actions are one in the same. As owners, they allow us to signal wealth, intelligence, and belonging.

Here are some high-level examples of strategies:

• Tesla: Build a high-priced sports car → Use that revenue to build an affordable car → Use that revenue to build an even more affordable car → While doing so, also provide zero-emission electric power


• Uber: Launch Uber Black → Bring prices down by launching UberX → Bring prices down by launching Uber Po

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