Saved by sari and
There's Something Off About ApeCoin
Media on the incumbent web is in crisis. It turns out that paying publishers for clicks, endless loops of “content” and ads, all served on platforms far beyond their maximum-viable scale is ideal for misinformation, disinformation and the decay of trust.
Coindesk • A New Era of Media Begins With Tokenization
By yielding a generational wealth creation opportunity that was a strange hybrid of a lottery jackpot and self-made fortune, crypto created an ideological hold on its early entrepreneurs and workers. It had all the euphoria of a gold rush and all the self esteem of high tech meritocracy.
Bryan Lehrer • What Happened to the New Internet?
Early versions of token distributions have led to unsustainable dynamics wherein speculators are rewarded instead of those who are adding consistent value to networks through actual usage.