-Ownership and portability of data: Next-generation platforms have already begun shifting to more data-portable models. Substack, for example, gives writers total ownership over their audiences and allows them to take their email list of subscribers with them if they ever decide to leave the platform; furthermore, writers use their own Stripe... See more
We think airdrops are stupid and furthermore, aside from the 5 minutes of hype, they are overall negative for most protocols. It is no surprise that phrases like “it’s time to responsibly dump my responsibility” are a thing. Freebies just don’t work. If the goal is that the asset should become valuable overtime a free airdrop for a past action is... See more
The reason I'm so obsessed with just studying people that got to the top of their profession is because one third of your life is going to be spent working. Half of your conscious life, half of the time you're not asleep, is going to be spent working. For a certain personality type, to not Excel at that, not to be really good at that means that... See more
Here is how I hire, listed in priority order.Bandwidth. I'm a snob for intelligence. I like to surround myself with people who are much smarter and faster than me. People who can juggle ten things at once, and handle curve balls. This is a requirement in an entrepreneurial activity, as by definition you are doing something new, so you have to learn... See more
In other words, internet-native governance is no longer just a reflection of decisions but a process of decision-making itself that actively builds relationships, gets people excited about shared goals, and increases the probability of completing these goals successfully. In that sense, the key part of governance to measure isn’t the vote, but the... See more
Now that we can start to measure the value that each node adds to a network, those nodes will begin to demand greater compensation for bonding to it. The concept of each node getting compensated for its worth to the network will eventually be built into every piece of software that is engaged in building a network effect.