sari

Protocol DAOs provided a framework for any network to issue a token that was (hopefully) owned and operated by its community.

“Ask not, “What is the solution?” Ask, “What is the problem?” The problem in fiction, from the thrashing writer’s point of view, is almost always, “What is this damn thing about?” In other words, what’s the theme?”

“Network effects” is an overused concept. The basic concept is that network effects occur when an experience gets better with each person who joins.

This point cannot be emphasized enough: the Internet is the single most disruptive1 force of our lifetimes because it does not evolve existing ways of doing things, but completely smashes the assumptions underlying them — assumptions we often didn’t even realize existed.

When you recycle plastic, you prevent it from polluting the oceans. This myth is based on the enduring delusion that plastic from curbside bins can be efficiently turned into other products. But sorting the stuff is so onerous and labor-intensive—and the resulting materials of so little value—that recycling plastic is hopelessly unprofitable in the... See more

Social networks aren’t just the interface, or the algorithm, they’re also about the people in them. When I wrote “The Network’s the Thing” I meant it; the graph is inextricable from the identity of a social media service. Change the inputs of such a system and you change the system itself.