-LLCs were one of the best inventions of the 19th century. But I believe it's run its course. It's not working well for a whole bunch of reasons, including that you end up with very concentrated wealth on these networks. What's so beautiful about tokens is you can design these very granular systems where people are rewarded tokens for using the... See more
One pattern that seems to easily meet the first three objectives is providing benefits to holders: if you hold at least X coins (where X can go up over time), you get some set of services for free. MiamiCoin is trying to encourage businesses to do this, but we could go further and make government services work this way too. One simple example would... See more
What kind of interface could enable people to collectively learn and build knowledge as a group?
I'm trying to imagine a system that goes beyond forums and linear discussion threads, with highlights and summarization to distill key ideas
[design thread]
A user of Patreon, in other words, is limited to whatever tools Patreon makes available. If you want to offer some kind of functionality that isn’t within the company’s product development plan, then tough luck. In Shapiro’s view, Patreon shouldn’t be its own platform, but rather should exist as a Koji. In fact, he predicts that, within a few... See more
Over the course of a half-century, the value of physical content to value of mental content of most products and services steadily approached a median point, crossed, and has now reversed. We have no idea what this means for societal organization or environmental relationship in future, though it is certain to be huge.
Crypto Bezos might not be afraid to retain centralized control over the business while giving customers upside via social tokens instead of going full DAO.