In a give-to-get model, you have to create to be able to consume. Why is this good? The canonical 90/9/1 rule of big social says 90% of users lurk, 9% contribute a little, and 1% a lot. Give-to-get means every active user contributes. It’s a mechanic that encourages presence and participation—something core to ritual apps... BeReal makes you post b... See more
At a party given by a billionaire on Shelter Island, the late Kurt Vonnegut informs his pal, the author Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch 22 over its whole history. Heller responds, “Yes, but I have something he will never have . . . E... See more
In a sample of 600+ US residents, more than 85% believed they were less biased than the average American. Only one participant believed that he or she was more biased than the average American. Known as the Bias Blind Spot, the study demonstrated that most people are less likely to detect bias in themselves than in others.
The core idea of minting a token on a bonding curve is that its price increases as the Supply or distribution of the Token do. The more tokens have been distributed, the higher the price. This means that early adopters can buy the Token at a much cheaper rate than when the Supply increases over time.
Reddit is currently the most popular search engine. The only people who don’t know that are the team at Reddit, who can’t be bothered to build a decent search interface. So instead we resort to using Google, and appending the word “reddit” to the end of our queries.