Over time as community members contribute, and are increasingly validated and rewarded for their work, they become increasingly more willing to increase their commitments to the community — whether time, effort, or resources.
As the implications of this reorganize how people use the Internet, many valuable companies will be created and destroyed. This doesn’t mean companies need to “get into NFTs” by selling digital collectibles or buying them. It means they need to build their companies on a mental model of the Internet that acknowledges all of the second order effects... See more
𝗧𝗵𝗲 𝗶𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗺𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴:
“A lot of products fail because they’re not well-marketed. If you ship a feature and no-one knows, did it really matter? So a lot of times people give up on features too soon. They ship something, the data says it doesn’t work, they kill the feature. Well, did you tell people about... See more