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We have shifted from an economy based on scarcity to one based on abundance. The control of products or distribution will no longer guarantee a premium and a profit.

Mirror is trying to build the tools for people to create crypto-native businesses similar to how people create e-commerce stores with Shopify.

Costco is the world's 3rd largest retailer by sales, notching $190B+ annually (behind Amazon, Walmart). The company is all about "value" and uses psychological hacks in its business model and store design to get shoppers to spend dough. Here are 14 of them 🧵 https://t.co/mjtk7KRukO

To make use of this shift, don’t obsess over the metaverse; obsess over the Metaversal Self. That is, over the powerful human needs consumers will seek to fulfil inside virtual worlds.

So the simpler heuristic we might devise is this: fungible tokens are better for building economies while NFTs are better for building communities.

Beyond Patreon and Memberful, there are a handful of music-specific options on the market. Bandcamp allows subscriptions, but only a few labels like Topshelf Records and Tiny Engines have enabled the feature. Withfriends focuses on memberships for brick-and-mortar small businesses, and counts venues and promoters like Elsewhere and AdHoc as... See more