Saved by sari
Democratizing Access
-Startups have always had the ability to raise vast sums of money with promises of future profit: a decent diagramm on a napkin might solicit $2M from VCs in actual capital as well as an additional $10M of phantom capital known as “equity” for a $12M valuation. Social tokens allow anyone to raise this way without needing VCs to dictate terms. And i... See more
David Phelps • We’re (in) the money
This has been a boon to smaller advertisers. Whereas a national television campaign would require a 6-figure commitment today’s starter budgets on most platforms are in the 10s and 100s rather than 1,000s of dollars.
SparrowAdvisers • Self-serve ads and the rise of DIY advertising
The DeFi movement is about bridging these gaps and making finance accessible to everyone without any form of censorship. In short, DeFi opens up huge windows of opportunities and allows users to access various financial instruments without any restriction on race, religion, age, nationality, or geography.
Sze Jin Teh • How to DeFi: Beginner
We’ve all benefited from the last generation of tech operators and investors making their content accessible. The people that should be reading Divinations are those that have the potential to build great companies, but may not afford a subscription, not the VCs.