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Status Traps: Learning from Web2 Social Networks - a16z crypto
Andreessen Horowitz (AZ)a16zcrypto.com
Building a signal-legitimized network isn’t necessarily about curating the best individual posts that appear in a feed. It’s about signaling the most reputable and valuable people that participate in the network. The network gains legitimacy not by a centralized algorithm showing you what’s most popular, but by the participants themselves provably ... See more
Kiran Cherukuri • Internet Cities & The Social Uniswap
Here’s the big change we all need to understand. The network itself is now the means of value creation, and thus wealth creation. Wealth, wisdom, power, and status all flow on the network...the big picture is that we can see each other and communicate about most things instantly and for zero marginal cost.
James Currier • Status, Wealth, & Power: Network Effects Demand A New Social Contract
Most things that happen in society are multi-turn and repetitive. These are called preferential attachment processes which happen when something (such as money, status, fame, punishment) is distributed based on how much is already possessed. Most social processes are preferential attachment. For example, if two Founders each tweet out the same grea... See more