Open Source Content represents an incredible opportunity for UGC platforms to turn viewers into creators. Platforms adopting this model are more likely to enjoy much better engagement than the standard 90-9-1 ratio, like Musically's 25% creator ratio reported prior to the TikTok acquisition.
From Huya (game streaming) to Pinduoduo (cheap Taobao) to Dianping (Yelp for China) to Yinke, Yizhibo, Douyu, Bilibili, and Meipai (live streaming platforms) to Xiaohongshu (shopping reviews) to Duoyin (TikTok of China) to Weibo (Facebook of China), China is a rich, booming ecosystem for social. But beyond pure social, each of these aforementioned... See more
Anything in a DAO that can be automated should be. Anything that can’t be automated should be funded by the treasury. Treasuries help DAOs fund critical development, attract contributors, and grow their network. They are a vehicle to express the values of a DAO and increase its longevity.
"It is rarely a mysterious technique that drives us to the top, but rather a profound mastery of what may well be a basic skill set."
—Josh Waitzkin
Mastery of basics, not secret techniques, makes legends.
Look at Roger Gracie's BJJ dominance—leverage and positioning. Jiro... See more