is everyone richer than me?
Our digital wallets and our social media accounts make us all collectors, and it turns our collections into capital traded in social, cultural and economic currency. Value of the Bored Ape Yacht Club NFTs collection is greater because design of its items are randomized.
Ana Andjelic • Intro to the collector economy
Donnelly, like many of the creators who make their living on platforms like YouTube, Instagram, and Twitch, has long felt shunned by institutions that don’t understand that his lifestyle is also his business. That makes him the target market for Karat, a new startup offering financial services to the influencer set.
Arielle Pardes • A New Card Ties Your Credit to Your Social Media Stats
A capitalist society benefits from you feeling insecure, from you being lonely. The more lonely and insecure you feel, the more you believe the idea that you need those new skincare products, that big house, that flashy car. Maybe, if you look like that movie star, people will flock to you and provide that feeling of being wanted that we all crave.
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