sari

The DIKW sequence made immediate sense because it extends what every Computer Science 101 class learns: information is a refinement of mere data. Information thus is the value we extract from data. But once the idea of information overload started taking root (popularized in Alvin Toffler’s 1970  Future Shock ), we needed a way to characterize the

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-Free rider problem - anyone can join the community if they own enough tokens, but are not incentivized to contribute to the community.

Instead of the commonly-accepted “infrastructure phase,” Grossman and Grant argued, crypto was in another turn of the apps-infrastructure-cycle. “The history of new technologies shows that apps beget infrastructure,” they wrote, “not the other way around.”

I often think about the fact that at 31 years old, Charlie Munger was divorced, broke, and burying his 9 year old son, who had died from cancer.

All this is to suggest only one thing: that new ways to experience something, especially something that already exists, can be the most transformational. The interface can be the message when something old is presented in a new way.

NFTs are alive and well, and their success does not depend on high-ticket art sales. Quite the opposite. This is a glimpse at the true promise of NFTs!

The users of your product don’t want to make choices, especially when they are in the first mile. The default options you provide, like which tab they land on and pre-populating fields with suggested selections, make all the difference in pulling new users through the first mile. I like how Dave Morin describes it, “the devil’s in the default.”