Reality as we understand it is a phenomenon of social structures, language, and shared processes for engaging with the world. Digital media is remaking all of these in such a way that media consumption more and more resembles the act of playing an alternate reality game.
A social currency is a tokenized asset that represents value within a specific community, often used to incentivize engagement, reward participation, and strengthen brand or community loyalty. It operates similarly to traditional currency but derives its worth from social interactions, reputation, and influence.
Susan Leigh Star, a sociologist and theorist of infrastructure and networks, wrote in her 1999 influential paper, “The Ethnography of Infrastructure”:
“Study a city and neglect its sewers and power supplies (as many have), and you miss essential aspects of distributional justice and planning power. Study an information system and neglect its... See more
Web3 is the first time, with the help of great developers like Duncan on our team, an artist can actually build a space that's interoperable on the internet that can handle funds and can handle communities. That's super exciting.
Carly speaks from her background in magazines to explain that adding a Discord channel to the NEW MODELS structure was important because “editors don’t make magazines, they make audiences. And a magazine or a podcast alone is no longer the way to do that. It has to be something more cybernetic.” She paraphrases theories from K Allado McDowell’s... See more
How do projects, headless or not, find product-market fit in the Web 3 era? Well, in some senses they don't. In a highly decentralized system, these operations invert such that the community finds product solutions themselves: "market-product fit."
I asked Deresiewicz if he felt anything had changed in the 13 years since he wrote the piece. Back then, he says, “I was still in that mindset of ‘selling out is evil.’” When he began research on his next book, however, “I realized that was kind of an outdated, privileged, and intensely unrealistic attitude,” he says. “Now, you don’t have a choice,... See more