the main attraction of web3 might not be decentralization, but rather what economists call excludability — it will be stuff people pay for, rather than free stuff.
Sound, which lets musicians sell their songs as NFTs to their biggest fans, has been on fire in its first month. Its 5pm daily drops have become appointment internet, and it sold out its first 21 consecutive drops in under a minute each and paid out over $200k to artists (plus a 10% cut of secondary transactions, which have been very active). It wo... See more
So — bringing us back to my original question — why is the Internet so lonely? I believe it’s because we haven’t yet found a way to meaningfully share our digital experiences.
Back in the day, you had to read a Warren Buffett book or watch Jim Cramer on CNBC to effectively be in the know. If you didn’t have friends on Wall Street, you might be even further removed from the conversation.
Many newsletter creators offer services outside the scope of their newsletter. These are “digital goods”: training modules, white papers, access to private communities, etc. As lifelong learning becomes an absolute necessity to remain competitive in a constantly changing world, these digital goods could also be monetized with brands by tapping into... See more