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Why it matters: As the mental health crisis and addiction epidemicintensify, psychedelics are proving to be a highly effective remedy for anxiety, depression, PTSD, opioid addiction, and other treatment-resistant conditions.

The world’s total gold total above-ground supply is worth ~$11T today³. Digital stores of value lower friction, provide better access and offer programmability, which could increase the total market size compared to gold.

That means a significant portion of new free and paid subscriptions are coming from readers who discovered your writing through the Substack ecosystem.

-This movement is about creative expression.

Airdrops are magical because few human organizations have ever been able to directly tie ownership to participation and early adoption so efficiently and cheaply. Before crypto, this would require extensive, deliberate personal information tracking and human outreach effort, far beyond simply sending tokens to a list of addresses.

As the creator economy has developed, new approaches to monetization have emerged. The framework below outlines the three primary ways creators leverage audience to build wealth: promoting other people’s products, selling their own products, and investing in their audience or alongside them.