Decentralized decision-making is more effort compared to someone making the call because they are higher up in a power hierarchy. We know that. That’s the trade-off we make for enabling higher autonomy of teams and individuals, which ultimately leads to more innovative products and more fulfilled people.
All this means that if your NFT is removed from OpenSea, it also disappears from your wallet. It doesn’t functionally matter that my NFT is indelibly on the blockchain somewhere, because the wallet (and increasingly everything else in the ecosystem) is just using the OpenSea API to display NFTs, which began returning 304 No Content for the query of... See more
With crypto-native crowdfunding, we could see something similar emerge for any creative project. As the next generation of social products get built on crypto rails, I believe creators will use some sort of decentralized crowdfunding to finance their projects. If so, you could see the entire cap table for the next Mr. Beast or Cardi B and build... See more
The economy is interconnected. There are a lot of reasons newspapers have died off. Some were out of their control. I imagine a future where there are plenty of local publications that serve their communities with smart reporting, structured data sets around important issues and great ad products for marketers.