Coase's Penguin is learning to fly: Building the Wikipedia of the future

New models of work and collaboration: The business models of Web3 encourage collaboration. In Web2, all revenue streams reward the action of the output (advertising against what’s already published, subscribing to a finished piece of work). In Web3, there’s now a business model on the input. Crowdfunding and social tokens are an investment in the i... See more

Sharing ownership allows for more incentive alignment between products and their derivatives, creating incentives for everyone to become a builder and contributor. 

I’ll restate the problem with TokenPage: there is a tension between groups such as Yankees fans, Red Sox fans (AKA Yankees haters), and those who just want to maintain accurate knowledge, which bids up the price of a TokenPage orthogonally to the page’s intrinsic value, and may lead to wild swings in the page content when ownership changes hands. T... See more