For younger generations, Crypto Culture is product market fit. For the internet natives, Discord DO’s are blurring the line between labor and play. Work is occurring in the same places people recreate. Everyone is proximate to both progress and relaxation.
Another benefit of NFTs is that they turn digital media into public goods with pseudonymous ownership. A digital media file that’s minted as an NFT can be read by everyone, but owned as a collectible by a single entity. This provides a new monetization channel for digital media without limiting growth by putting content behind a paywall.
DuckDuckGo is a free, privacy-focused search engine which is one take on that and does 100M search queries daily and has roughly a 2% share in the search market in the US. It does also have a keyword-based ad model, but does not personalize or target search results or ads other than based on the search term.
Similar to many daos, Cabin still looks like a bit of a fantasy—an emergent community in search of an outlet for its exploding energy. With any technology, Hillis said, “eventually the infrastructure becomes invisible.” Ultimately, the dao framework matters less than what an organization actually accomplishes.
“In the end, people don't view their life as merely the average of all its moments—which, after all, is mostly nothing much plus some sleep. For human beings, life is meaningful because it is a story. A story has a sense of a whole, and its arc is determined by the significant moments, the ones where something happens. Measurements of people's minu... See more
This brings anyone in the social media game an important lesson: enabling and preserving a path from newcomer to middle class is crucial for maintaining a moat. When it becomes too hard to “make it” in established channels, the door opens for new channels to take off.