Crypto’s Prophet Speaks
OpenSea’s ValueFirst, two more OpenSea stories from over the break. From Be In Crypto:NFT marketplace OpenSea has frozen $2.2 million worth of Bored Ape (BAYC) NFTs after they were reported as being stolen. The NFTs on the marketplace now have a warning saying that it is “reported for suspicious activity.” Buying and selling of such items are suspe... See more
stratechery.com • OpenSea Raises Money, Bans NFTs; OpenSea’s Value; Crypto’s Aggregators
Then once they stored it, they ended up having monopolistic network effects. One way to look at a blockchain is as a community-owned database. DNS and a blockchain are the only examples in the history of the internet where you had databases that a community owned, not a company. The other exception might be Wikipedia, as it is a nonprofit. I think ... See more
Nilay Patel • Chris Dixon Thinks Web3 Is the Future of the Internet — Is It? - The Verge
The media keeps referring to cryptocurrencies, even when talking of non-currency tokens, while reducing the underlying blockchain networks to objects of speculation, instead of focusing on the fact that they provide - first and foremost - a promising governance infrastructure that could resolve many problems of the Internet we use today, such as: (... See more
Shermin Voshmgir • Token Economy
During the first era of the internet — from the 1980s through the early 2000s — internet services were built on open protocols that were controlled by the internet community.
During the second era of the internet, from the mid 2000s to the present, for-profit tech companies — most notably Google, Apple, Facebook, and Amazon (GAFA)