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This might seem like a good idea on the surface, but it’s not a very sustainable dynamic. For one, it favors investors not gamers. Breeding isn’t a very fun game, but it’s where most of the revenue (and incentive) for Axie players comes from. For another, it builds the in-game economy on a very shaky foundation. Once the flow of new players stops, ... See more
Nat Eliason • Building Sustainable Web3 Games with Owned Liquidity & Tokenized Assets
"Clear thinking becomes clear writing; one can’t exist without the other."
William Zinsser • On Writing Well: The Classic Guide to Writing Nonfiction
More insights from Ezra Klein convo with Nilay Patel:
From Ezra: One of the messages of the medium of AI is be efficient. Don't waste your time at all this. But a lot of the big insights, happen when we're doing the hard thing when we're sitting there trying to figure out the first draft or learn about a thing or figure out what we're doing.
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"The best leaders are exothermic. Every atom jiggles faster around them. There is no chance for stasis.”
-Tobi Lutke
"the best use case of LLMs is bullshit"
There are still new science startups being built today, such as New Limit, Arcadia Science, and Altos Labs. But now there are also examples of research institutes, such as Arc Institute and New Science, and there are even emerging examples of crypto-native experiments, like VitaDAO and LabDAO. It’s not that one approach replaced the other, but that... See more
Nadia Asparouhova • Understanding science funding in tech, 2011-2021
What does the Long Tail have to do with this risk shift? In the earlier era of limited shelf space, distributors had to put money where their mouths were: retailers, publishers, and other intermediaries, therefore, had to be discerning gatekeepers. They managed to mitigate their downside risk through a portfolio approach, where winners would cover ... See more
Marina Krakovsky • What Everyone Got Wrong About ‘the Long Tail’
Shaped intentionally or not, each medium’s fundamental materials and constraints give it a “grain” which make it bend naturally in some directions and not in others.