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In OnlyFans and the Evolution of the Influencer, I wrote that I’m skeptical of digital celebrities like those created by the company Brud. Computer-created influencers seem at odds with the trend toward more authentic, relatable influencers.

In short, prioritize your product over your token.

This point rings true to us. That’s why, as we face growing pressure to censor content published on Substack that to some seems dubious or objectionable, our answer remains the same: we make decisions based on principles not PR, we will defend free expression, and we will stick to our hands-off approach to content moderation. While we have content ... See more

Furthermore, tokens can be “airdropped” to specific addresses, with no consent required by the recipient. Often used as a way to distribute free NFTs for giveaways and other promotional campaigns, there is nothing stopping someone from airdropping NFTs with abusive content—doxing, revenge porn, child sexual abuse imagery, threats, etc.—into someone... See more

• Worst-case scenario: A steep contraction of between 30% and 35%, equating to $92 billion to $108 billion. This assumes a longer period of sales decline.

These data highlight the resilience of independent retail in a world where Amazon has grown its market share over time. Among the reasons for this: Independent retailers are nimble and provide a differentiated value proposition from vertical to vertical. The retail businesses most negatively impacted by the acceleration of e-commerce are midsize an... See more