Social money is branded cryptocurrency. It allows creators to reward fans for different kinds of engagement. Liking and retweeting your favorite creator’s content for example is finally worth something.
This is our definition of spatial software. It is characterized by the ability to move bodies and objects freely, in a parallel to the real world. This is opposed to traditional software, which uses some other logic to organize its interface.
In May, Facebook announced Facebook Shops, a tool to set up online stores on Facebook and Instagram. Shopify is one of the partners, allowing Shopify stores to upload their inventory to Facebook. However, assuming Facebook Shops is successful, this partnership benefits those stores and Facebook, not Shopify.
iMessage and WhatsApp could be formidable for small-group audio channels. It’s easy to imagine Instagram or YouTube enabling creators to launch paywalled audio rooms. But the leading contender, in my mind, is Discord.
Instagram has two main atomic value swaps with its users, one to creators and one to consumers. Creators of content expend time and energy in the form of work in exchange for distribution and building an asset that can be monetized (audience). Consumers are willing to view ads in their consumption experience in exchange for entertainment. A third... See more
When someone new joins the company, they do what everyone else does: go into our Notion queue, pick a task, and get to work, asking for clarification when needed.