Lack of leadership & poor ability to coordinate — We’ve already seen the teams that built Compound & Uniswap take a step back, leaving the communities scrambling to self-organize. This initially resulted in near stagnation for both protocols. Given regulatory pressures, we’re almost certainly going to see this trend continue. More broadly, communit... See more
NFT Remixing: Fans can take NFT music, art, videos, fiction, and more and “remix” them to create new NFTs while giving royalties back to the original creators.
Audio is a crappy platform.
There! I said it.
- You can’t multi task
- Even at 2x speed your content consumption is slow
- for obvious reasons live audio can’t be sped up
- you can’t easily skim
- you can’t check in & out as life demands
Audio as first & only is a fad
Protocols provide structure for businesses, but are not businesses themselves; they are systems of logic that coordinate exchange between suppliers (businesses) and consumers of a service. As coordinators of exchange, protocols should be minimally extractive, whereas businesses are incentivized to be maximally extractive (that’s profit, and a busin... See more
In Web 2.0, platform metrics are kept inside of proprietary databases and Google Analytics. In crypto, they are viewable and inspectable in real-time, on-chain, and understandable via Dune. Further, beyond a single project or protocol, entire categories can be comparatively tracked in real-time.