CategoryDecentralization & Crypto

Power Laws & Normal Distributions in Crypto’s Future


Power laws rule everything around us. This is a core principal of what we have largely come to learn in a world dominated by this narrative, which has also helped proliferate the concept of Asymmetric Upside. Within traditional tech/Web2, due to the compounding nature of moats (most notably network effects) and duopolistic markets, it is often assumed that outcomes follow a colloquial power law...

Talent, Value Distribution, & Liquidity in Crypto Protocols


the greatest trick valley vc's played was to make employees believe their options were worth the tradeoff in present income, lifestyle, liquidity and flexibility of employmentcrypto fixes this— Meta DAOdas (@mdudas) November 7, 2021 There has long been discussion and divisiveness on startup equity in crypto. Most recently signified by Mike Dudas’ tweet above surrounding how crypto...

Adjacent Governance: The future of power, strategic positioning, and existential threats in a decentralized world


In technology, the concept and cycles of bundling and unbundling are well-understood. Historically what we have seen is that at very early stages, unbundling occurs, until some early primitives and use-cases are understood, which then results in bundling often due to necessity to level set a user experience or to kickstart true usage. As a given platform matures, unbundling then occurs to...

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