We keep comparing “media networks” (Tiktok, Youtube, Twitter) and “social media networks” (Facebook, Instagram, Snapchat) as if they are similar. Both can be user generated content. At their core, they are more different than alike. Even if the social networks include some media
I think a lot about the fluctuations of belief—the inevitable up and downs of maintaining engagement with something over long periods of time. Most people seem to think that love is unchanging versus merely enduring, that if you’re really passionate about something you wake up excited to do it every day. I don’t believe that’s true. In fact, it set... See more
Protocols encode the rules of engagement that coordinate the exchange of a service between a global supplier and global consumer. The flatness with which a protocol treats everyone that interfaces with it is part of what drives its efficiency as a coordinator of exchange (no room for human corruption or capture).
I believe community tokens should start small, with one or a few founding creators, similar to the way a magnetic founder rallies users around his or her company’s mission. Projects often expand and scale, but you need singular focus and cohesion early on. This is why I argue that the gateway to community tokens is the individual, not the community... 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.
The other side of that idea – that everyone’s a creator – is that everyone’s also an investor. Time and energy are investments, even if they’re not always monetized. With an explicit financial layer in the form of tokens, users get a material stake in the platforms they use the most. The recent ENS airdrop is a good example of how this could work, ... See more
The Wall Street Journal asked that question in April, and one student responded with this zinger: “Would you pay $75,000 for front-row seats to a Beyoncé concert and be satisfied with a livestream instead?” Another compared higher education to premium cable—an annoyingly expensive bundle with more options than most people need. “Give me the basic p... See more
The future of work - "The information revolution, by making it easier to communicate, connect, and cooperate, is allowing us to go back to working for ourselves"