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Chris Dixon: "I think of an NFT as - it's as general a concept as the webpage. When it first comes out, people are like, "Oh it's a website" and they try to map it to the offline world. But it's a core new concept, the idea of owning something on the internet."

A lot of networks that have achieved super scale had some sort of status incentives or status games built in, very early on. It helped them to get that kinetic energy that you need in order to achieve scale that then increases your utility. Those networks were paying you to develop the network — paying with ego, with status, with a sort of an... See more

Focus. API-first companies focus on solving a very specific problem. Stripe started with payments, and put all of their efforts into building the best payments solution. Twilio started with messaging and calling. Plaid does bank data, Algolia does search, Shippo does shipping, Checkr does background checks. That focus means that everything the... See more

But when determination, patience, and progress blend together, something amazing happens. The shape of the Great Plateau begins to change, and what was previously the flatness of despair shifts into an incline of hope. People really start to care, your audience regularly reaches out, and a viable career path emerges.

When Coronavirus hit in March, Spanish knitting kit company We Are Knitters saw its sales go up by 75% week-on-week, while Ceaco, America’s biggest jigsaw puzzle maker, says mid-March sales were up 300% year-on-year. Meanwhile, Etsy sellers have raked in $346 million selling hand-crafted masks.