Pinterest introduced the “Shop from Pin” feature in 2020, which gives retailers the ability to include shopping ads for specific, relevant products directly into Pinterest search content and feeds. But these ads currently lead to retailer websites, where transactions take place outside of Pinterests’ purview. PayPal’s ownership would provide the... See more
Last month, in a test of concept, Royal and DJ 3LAU gave away digital assets representing 50% streaming ownership in 3Lau’s latest single. Within the first two weeks, the song reached a value of over $6 million. It’s early, but this illustrates that the market values music rights and connections to artists in a way that centralized platforms can’t... See more
The economic surplus generated by this kind of network is necessarily distributed to the community of miners, stakers, and users because that’s what brings them into existence, keeps them going and lends them value. The diffusion of economic surplus is part of the basic architecture of the system. Market structure, distributive principles, and... See more
Recipe for misery: Pursue things because society tells you to, not because you truly want them. Achievements are meaningless if they aren’t out of our desires but a product of mimesis.