Alphatu

When I look at present-day neumorphism I see it as a modern-day inheritor of the Mannerism of Venturi and Scott-Brown. Like them, it seems digital designers working today have felt their expression limited by the fixed rules of Flat Design and so have begun to test its limits. Fleshing out those sheets of glass into 3D surfaces, pulling elements... See more

Crypto is one of the hottest spaces today, but many traditional investment firms still don’t understand or know how to approach the space.

What he meant is that a typical crypto project will launch a token after their seed or Series A deal, leaving a later stage investor with no option for a private investment. Instead, that investor will have to negotiate an investment in publicly traded tokens with the DAO that controls a project’s treasury.

In this post, I’ll introduce the emerging phenomenon of “User-Generated Capital”. This pertains to communities, creators, and other individuals utilizing blockchains to create their own digital assets, digital money, or other stores of value that are both specific to their community and can be owned and utilized independent of platforms.

Centrally controlled network effects allow platforms to build unexpectedly dangerous incentive structures.

The current path forward is that the VC fund will attempt to buy “tokens at a discount” from a DAO. This is what a16z did with Maker, what a16z did with Solana, and what Sushi is considering doing now.