Interesting to ponder potential market cap of @urbit address spaces.
Facebook, world's dominant social network, is $800B. $800B/65,000 stars = $12M per star.
Currently $4k per star. Potential 3 OOM growth?
Facebook, world's dominant social network, is $800B. $800B/65,000 stars = $12M per star.
Currently $4k per star. Potential 3 OOM growth?
But some bold assumptions:
(1) Decentralization wins out in social media. (Plausible, if team can keep making it user friendly at rapid clip. Successful so far).
(2) urbit retains a lead *within* this space. (Plausible, thanks to first mover advantage & network effects).
(1) Decentralization wins out in social media. (Plausible, if team can keep making it user friendly at rapid clip. Successful so far).
(2) urbit retains a lead *within* this space. (Plausible, thanks to first mover advantage & network effects).
(3) More importantly - most of Facebook's value is derived from advertising. This is antithetical to urbit, whose entire point is that it's decentralized, so people go to where there's less advertising & censorship.
> Profit! but how?
So "market cap" may be 1-2 OOM lower.
> Profit! but how?
So "market cap" may be 1-2 OOM lower.
This is just thinking out loud. It could go to zero (if it doesn't catch on), or it could take over not just social networks but what we know as "The Internet" at large, as in the Borgesian fable upon which it is based (in which case above above estimates are conservative).
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