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“NFTs offer new ways for engaging customers,” explains Jaime Schmidt, the cofounder of Color Capital, a venture capital firm that invests in consumer brands and “Web3,” the term that refers to the blockchain-based decentralization of the internet. “For example, NFTs could unlock access to participation in focus groups, [or] private events available... See more

Or take the value of Wikipedia. The creation of this is more or less akin to installing a Bodleian library in every house in Britain. Does this massive new wealth register on GDP figures? Not a blip. Or the new availability of blogs and podcasts. Tremendous writers who, just a decade ago, would have been lecturing to half-empty theatres are now

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How Braintrust works:  Talent sets their desired rate and pays no fees. Clients pay a 10% fee on top of the Talent’s invoiced amount, which is used to sustain the network. To be fair, the 10% is coming from somewhere – if the Clients weren’t paying it, maybe they’d be willing to pay Talent 10% more – so the net result is more like a 10% take rate... See more

The bullish story here is that a new opportunity has emerged, especially in the Medicare Advantage market, for a new business model that serves patients better. It uses an integrated approach with value-based incentives in order to enable a better customer experience, and to save on costs by preventing hospitalizations.

Just Get Shit Done…stop talking about doing things and make them happen. Start small, scale down, make small models really fast, learn to fail faster, then scale up or scale down. It’s better to count your mistakes in minutes, then in years. Trust that others will contribute, add, modify, revise, inform, and transform what you do.

Starbucks will be one of the first major retailers to tokenize its loyalty program.