The why behind 1729: Social networks were invented and scaled long before cryptocurrency

Devin and Alice were frustrated that crypto was insular, complex, and intimidating. Crypto had bled into finance, art, and gaming, but crypto hadn’t truly come to disrupt media or culture, and it certainly wasn’t yet mainstream. They set out to change that.

My goal and challenge for today’s issue is to convince you that crypto is less like the stock market and more like social media, where you can participate, build a reputation, and actually add more value to the network than you extract.

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 pro... See more