Timothy Shih

But crucially, the Metaverse will also lead to the establishment of many new entertainment franchises and consumer-facing brands. This is because new access technologies do more than shift how consumers access content. They change the content itself.

“Let’s actually get fully objective on, what does it mean to be decentralized?” he said. “Like I don’t really care about the philosophy part of it.…I do actually—I do care about it.” But for him, decentralization shouldn’t be an end in itself—it should be quantifiable and realistic.

When asked to name the single biggest technological breakthrough he is anticipating in the coming years, Riccitiello picks a form of AI, not a fancy hardware platform. In particular, he expects AI technology in his field will get to the point where it will enable developers to create slick 3D environments even if they lack the skills and time to do... See more

Andreessen’s counterargument is that Dorsey is a hippie moron. No techno utopia is coming. The blockchain is nothing more than a new technology, and technology makes the world better in small ways that add up to big advances for everyone. 

Animoca Brands acquired Pixowl, the developer of The Sandbox user-created world mobile game, for $4.875 million in cash and stock.

The basis of Uniswap is the constant product formula, x * y = k, where x is the quantity of asset X, y is the quantity of asset Y and k is a constant. Each pool therefore only comprises of two assets X and Y and this formula ensures the ratio of both are equal.

Riccitiello said he had a conversation with Steve Jobs, then Apple’s CEO, about what the revenue split should be between Apple and developers on games sold through Apple’s App Store. Prior to releasing the iPhone, Apple had taken 70% from developers on the sale of games for iPods. In a meeting with Jobs, Riccitiello sought to persuade him that the ... See more

Engineers work out the future, competing fiercely, building on each other’s work, and giving birth to new advances that Dorsey, the romantic, hasn’t even meditated on yet.