
Notes on Consumer Crypto | Aug 17, 2024

Ownership: Crypto enables ownership from day one-- a powerful concept. For the first time, users can partake in the growth and success of the products and communities they are a part of, from the beginning. Ownership changes the model from extractive to additive. The main mechanism for ownership has been via tokens.
Kinjal Shah • Crypto's Consumer Era
In Web 3, companies achieve liquidity early via ‘tokenomics’ and other novel mechanisms to raise capital from users (often highly speculative in nature), and build the necessary technical infrastructure to create an alternative internet: decentralized servers, identity-management ‘wallets’, token exchanges allowing easy movement among various ecosy... See more
Antonio Garcia Martinez • The right to never be forgotten
Someone could build whitelabel livestream social app in a box that all of these other companies can build their products on. That of course should be crypto native - collectibles and points? Def crypto.