Perhaps the greatest factor in rethinking the protocol design is timing. Over the past month, I’ve spent a lot of time asking myself: why have previous attempts at building curation markets and decentralized social markets repeatedly failed? I believe the answer is that the behavior of “staking to curate” is still extremely nascent and the proper i... See more

Crypto founders have a unique challenge in front of them. In addition to building a product that people want, they also need to consider how that product can successfully run in a decentralized manner — that is, as a protocol owned and operated by a community of users. This is a difficult challenge because much of what it takes to build a suc

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