The most important essay I read in the last month is by Lant Pritchett. He asks why the scarcest economic resources—entrepreneurial ability and technical talent—are going into automating an abundant resource: cheap labor. In the developed world, labor is expensive because of policy restrictions, and it is neither efficient nor equitable to use... See more
You could integrate Stripe and take a fiat transaction fee but many DAOs aren’t incorporated and don’t have a bank account which could limit your potential market size. The other downside of a fiat transaction fee is that you don’t generate on-chain revenue which will limit your ability to eventually deploy a protocol, launch a token, and give... See more
Like everything else, this concept is being tested brutally by the Covid-19 pandemic. Rent the Runway, the fashion rental service, has had to rethink its plans as fewer Americans commute to offices or attend fancy events. Joymode, which rented out thousands of products, from electronics to margarita machines, closed. Uber rides — which were... See more