Share this page!

Mason Nystrom Profile picture
Twitter logo
19 Feb, 5 tweets, 2 min read
There’s a problem with how content (songs, blogs, artwork, etc) is valued on the internet.

I call this the Davy Greenberg Dilemma 🧵
The crux of the Davy Greenberg Dilemma is two-fold:

1️⃣Creators sell their early work at a discount to the future value (e.g. Once an artist is famous their work is worth more but they don't get any upside on their prior work)
2️⃣ Good content doesn’t scale and faces power laws where 1 piece outperforms 99% of all the other creations but often this content is equally valued (e.g. a Substack/Patreon/Spotify Podcast subscription values most content equally)
Cypto content platforms can help rectify this dilemma by enabling creators to:
• Become owners of platforms
• Earn programmable royalties on future sales
• Leverage NFTs as content for sales

The era of content ownership is just starting: messari.io/article/the-ev…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Mason Nystrom

Mason Nystrom Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @masonnystrom

Mason Nystrom Profile picture
21 Feb
.@nonfungibles dropped an amazing NFT 2020 report recently and I want to highly some of the awesome charts along with some personal commentary.

A long (but worth it if you’re just scrolling anyway) thread on what you need to know about the current state of NFTs.

1/ Image
2/The overall Ethereum NFT (ERC 721s only) market capitalization currently sits around $338 million and IMO will easily double if not quadruple in 2021.

Note: this just includes NFTs by project and doesn’t include tokens of NFT projects or NFT marketplaces like AXS, RARI, etc. Image
3/Metaverses account for the most sales likely because they have the largest TAM while Art and Gaming come in 2nd and 3rd.

Each category of NFTs has 1-2 projects that make up a large portion of volume. Let’s breakdown some of these categories with Nonfungible and other data. Image
Read 19 tweets
Mason Nystrom Profile picture
16 Feb
The next evolution of content platforms is starting.

Using crypto primitives – like NFTs, permissionless protocols, programmable royalties – content creators are set to control the next era of content – The Ownership Era.

A quick thread on the eras of content 👇
“Content is where I expect much of the real money will be made on the Internet, just as it was in broadcasting.” - Bill Gates
messari.io/article/the-ev…
The Distribution Era

The key value in this era for consumers was aggregation while creators received wide distribution of their content(e.g. songs). However, as users realized that their content had value, beyond views and likes, individuals started to create their own brands.
Read 6 tweets
Mason Nystrom Profile picture
9 Feb
What is Web3?

Web3 is a shift in internet culture.

Empowered by new technologies, the Web3 movement is spearheaded by a shift in how we, the collective, view and value the Internet.

1/
In a one-liner – it’s the next era of the Internet. Web3 is a paradigm shift towards a more democratized Internet – an Internet that is governed by the collective rather than by corporations and special interests.
messari.io/article/web3-e…
Web3 is about rearchitecting internet services and products so that they benefit people rather than entities.

The Web3 world is one that has open-source protocols at the foundation while businesses act as interfaces that provide convenient access and additional features.
Read 6 tweets
Mason Nystrom Profile picture
6 Feb
Governance tokens represent the power to change the rules of the system.

As cryptonetworks grow the value of governing that resource also increases.

Some thoughts on the importance of governance and how the value changes over time. 🧵

1/
2/ Governance tokens typically accrue value in a few ways
• Draw cash flows or fees from the protocol
• Determine protocol incentives and parameters (e.g.
setting inflation/rewards)
• Control key assets on a network (i.e. algorithms, capital, other utility value)
3/ There’s clear value in governance, but, there are currently no clear predictive models for pricing governance tokens without cash flows. It's especially hard to value governance in early networks.

Governance largely holds intangible value, which is hard to accurately price.
Read 7 tweets
Mason Nystrom Profile picture
1 Feb
Web3 – the decentralized internet – requires democratizing many of the existing services and infrastructure.

Key services include:
• Web Hosting and Data Storage
• Domain Name System
• Internet Access

A thread on the protocols creating Web3👇🏻👇🏻👇🏻
messari.io/article/the-or…
In this piece, I examine the existing challenges to decentralizing the internet and specifically the Internet Infrastructure Stack.

Continue in the thread as I briefly review the existing services and protocols tackling these issues, or jump to the piece for the full story.
1. Data storage and web hosting are vital services for companies.

AWS is the elephant in the room, accounting for about 32% of the market. Beyond the concentration, once AWS revokes hosting services other cloud and storage providers are also likely to reject the entity/website.
Read 16 tweets
Mason Nystrom Profile picture
22 Jan
Investing like a venture capitalist in crypto has never been easier.

The world of investing in open-source software means public portfolios.

Beyond investors advocating for their projects, their portfolios and active participation strategies can be tracked on-chain.
At a glance, @placeholdervc is one of the largest portfolios tracked on Nansen with over $55 million in tokens.

Many of Placeholder's investments have performed well especially, numeraire ($NMR) since Placeholder invested in NMR in both Mar 2019 and Jun 2020.
The era of on-chain portfolios is only beginning.

As more data becomes available, funds will likely start to make their portfolios more available in order to control their investment narrative and participate in crypto communities.

messari.io/article/invest…
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

Like this author's thread?

Get emails when @masonnystrom has new unrolls!

Check out other threads from @masonnystrom!

Read all threads by @masonnystrom