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Web3 is about the distribution of power and resources, not their accumulation. What drives the success of Web3 is the community because communication between its members is key for organizing themselves towards achieving a common purpose.

Many of the current creator-focused platforms start at the creation part of the continuum. While there has been an increasing move towards community to make the process less “lonely” the products are skipping over the low friction “exploration” and fun “inspiration” parts of the continuum.

“It used to be that people were born as part of a community, and had to find their place as individuals. Now people are born as individuals, and have to find their community.”

The value of “affinity” is even stronger when applied to media products with scarcity. There’s no real cap on movie tickets or TV viewers, but Elsa dresses are finite, and theme park attendance is controlled. As a result, marginal affinity can drive substantial pricing power. Those who need to go to Disneyland aren’t very price-sensitive, nor are... See more

Decreases friction between nodes and creates a higher level of synchronicity between members of the hive. This produces stronger ties between individual members and allows the hive to act collectively.

Some of the most valuable software of the coming years will be software that grasps and quickly adapts to the logical combination of scarcity and interoperability that NFTs bring to the Internet.