Let’s start with the breakout asset class of the year: NFTs. Yes, they’re like the ICOs of this cycle: sky highhype, crazy volatility, lots of early lottery winners and complete garbage. But as a new asset type and class,
There’s nearly no end-user friction involved in porting your data from one service to another in Web3. We shouldn’t underestimate the impact of improved data portability – users’ aversion to friction influences most of our online actions today, so changing the friction involved in switching services or trying new ones.
Gaining a following on social media is a measure of people’s attention. It is not a measure of benefit to others, nor knowledge, nor sincerity, nor wisdom, nor leadership capability - yet these are some of things that are needed to minimize the harm from having a following.