sari

Of course, the "own a stake in what you use" argument might apply in some domains rather than others. There are probably more people excited to get equity in an app than equity in their local waste management company. But that brings up another problem: for large platforms, the value created is often a function of small amounts of value per user... See more

“When everyone’s got skin in the game, it creates a new dynamic, as opposed to everyone being able to say what they want and critique everything without consequence,” Drew Austin, a technology investor who owns three Bored Apes and co-owns two others, told me. That sense of community has been missing from the Internet, according to Bored Ape Yacht... See more

To grow its take rate significantly from here, Shopify would need to deliver a value it currently lacks: demand gen(-eration). I've written about the powerful combo of free software, marketplace services, and demand gen in my "business in a box" post a few weeks ago. Because 50% of e-commerce searches already start on Amazon, the incumbent has a... See more

We’ll need to see 100x improvements in information flow and decision support tools. You can govern a global DAO or a subDAO with NFTs or social currencies more easily than you might a global corporation (anyone who’s remote first and international knows what a nightmare it is to set up this infrastructure), but that doesn’t change the fact that... See more

If tokens = ownership, who makes decisions around distributing ownership?