A THREAD on most thought provoking ideas on Web3, internet communities, NFTs, DAOs++ shared by @gregisenberg:
1/
web2: use products to make companies wealthy
web3: use products to make communities wealthy
1/
web2: use products to make companies wealthy
web3: use products to make communities wealthy
2/
The future is community owned:
The future of gaming: community owned
The future of finance: community owned
The future of creators: community owned
The future of startups: community owned
The future is community owned:
The future of gaming: community owned
The future of finance: community owned
The future of creators: community owned
The future of startups: community owned
3/
Free:
$0 = learning about web3
$0 = starting an internet community
$0 = designing an NFT
Expensive:
Ignoring crypto and web3 all together
Free:
$0 = learning about web3
$0 = starting an internet community
$0 = designing an NFT
Expensive:
Ignoring crypto and web3 all together
4/
Crypto is changing the world because people no longer trust governments, banks, large companies and institutions
People trust communities
Crypto is changing the world because people no longer trust governments, banks, large companies and institutions
People trust communities
5/
The right:
- NFT
- Group chat
- DAO
- Internet community
Can change your life when you least expect it
The right:
- NFT
- Group chat
- DAO
- Internet community
Can change your life when you least expect it
6/
Where the world is going:
- I'd rather trust a blockchain over a government
- I'd rather trust a smart contract over a terms of service
- I'd rather trust a community over a company
Who we trust is changing fast
Where the world is going:
- I'd rather trust a blockchain over a government
- I'd rather trust a smart contract over a terms of service
- I'd rather trust a community over a company
Who we trust is changing fast
7/
The future of work is:
- Freelance
- English as the working language
- Asynchronous
- Remote or Hybrid
- Paid in BTC/ETH
- Upside in DAO tokens
- Global team
- Flexible: work 8 hours to 80 hours a week
The future of work is:
- Freelance
- English as the working language
- Asynchronous
- Remote or Hybrid
- Paid in BTC/ETH
- Upside in DAO tokens
- Global team
- Flexible: work 8 hours to 80 hours a week
8/
In 2022, thousands of Instagram influencers will be running NFT & DAO projects
How they'll do it:
500 000+ person IG account
↓ 10 000 member Discord server
↓ 10 000 item NFT project
↓ 100+ member DAO in local cities
↓ $1m-$1b market cap that's community-powered
In 2022, thousands of Instagram influencers will be running NFT & DAO projects
How they'll do it:
500 000+ person IG account
↓ 10 000 member Discord server
↓ 10 000 item NFT project
↓ 100+ member DAO in local cities
↓ $1m-$1b market cap that's community-powered
9/
"Floor price" is a terrible metric to track how well an NFT project is doing
It's like measuring the quality of life of a country only by its GDP
Floor price largely ignores the health of the community
And the community is what matters most
"Floor price" is a terrible metric to track how well an NFT project is doing
It's like measuring the quality of life of a country only by its GDP
Floor price largely ignores the health of the community
And the community is what matters most
10/
Don't say NFTs are just JPEGs
Some of these JPEGs give you access to creative conversations and communities worth more than a Harvard degree
Forget the money, the right NFT community can change your life
Don't say NFTs are just JPEGs
Some of these JPEGs give you access to creative conversations and communities worth more than a Harvard degree
Forget the money, the right NFT community can change your life
11/
"Connect wallet" is the new:
- Add to cart
- Login through Facebook Connect
wallet buttons will be everywhere on the internet and change everything.
"Connect wallet" is the new:
- Add to cart
- Login through Facebook Connect
wallet buttons will be everywhere on the internet and change everything.
12/
In 1999, Jeff Bezos said: "The current online shopping experience is the worst it will ever be."
"It’s good enough to attract 17 million customers today, but it will get so much better."
Shopping in 1999 is like crypto/web3 in 2021 It's only going to get so much better...
In 1999, Jeff Bezos said: "The current online shopping experience is the worst it will ever be."
"It’s good enough to attract 17 million customers today, but it will get so much better."
Shopping in 1999 is like crypto/web3 in 2021 It's only going to get so much better...
13/
In the not so distant future we're going to see... 13 years olds making more money than Wall Street bankers playing play-to-earn blockchain games and flipping NFTs
It's not an if but when
In the not so distant future we're going to see... 13 years olds making more money than Wall Street bankers playing play-to-earn blockchain games and flipping NFTs
It's not an if but when
14/
If you're still not convinced that the future is web3, crypto and NFTs... this tweet is for you
Do yourself a favor
1) Buy an NFT that speaks to you
2) Be active in Discord community
3) Make friends
Guaranteed: you'll start seeing the internet in a completely new light
If you're still not convinced that the future is web3, crypto and NFTs... this tweet is for you
Do yourself a favor
1) Buy an NFT that speaks to you
2) Be active in Discord community
3) Make friends
Guaranteed: you'll start seeing the internet in a completely new light
15/
Twitter adding NFT verification for profile pictures makes a Bored Ape more valuable than a Twitter blue checkmark.
Twitter adding NFT verification for profile pictures makes a Bored Ape more valuable than a Twitter blue checkmark.
16/
The intellectual property coming out of NFT projects will drive NFTs to be mainstream
- Cool Cats could be the new Disney
- Bored Apes could be the new Supreme
- Loot could be the new Dungeons & Dragons
Hollywood will spread NFTs fast
The intellectual property coming out of NFT projects will drive NFTs to be mainstream
- Cool Cats could be the new Disney
- Bored Apes could be the new Supreme
- Loot could be the new Dungeons & Dragons
Hollywood will spread NFTs fast
17/
Most people who make fun of NFTs
- Own zero NFTs
- Have never minted NFT
- Have never participated in a community
- Have never staked their NFT
- Haven’t built on-top of an NFT project
- Have never earned an NFT playing a game
- Missed out on BAYC, Punks, Cool Cats etc.
Most people who make fun of NFTs
- Own zero NFTs
- Have never minted NFT
- Have never participated in a community
- Have never staked their NFT
- Haven’t built on-top of an NFT project
- Have never earned an NFT playing a game
- Missed out on BAYC, Punks, Cool Cats etc.
18/
DAOs will be more powerful than many countries
Today: Apple has more cash than more than most countries
Tomorrow: top DAO treasuries will have more cash than most countries
It's hard to believe but this is where we're going
DAOs will be more powerful than many countries
Today: Apple has more cash than more than most countries
Tomorrow: top DAO treasuries will have more cash than most countries
It's hard to believe but this is where we're going
19/
The internet is being upgraded
Upgrade your company: start a DAO
Upgrade your community: make it tokenized
Upgrade your login: login with web3 wallet
Upgrade your video game: make it play to earn
Upgrade your jpeg: mint NFTs
Upgrade your payments: accept BTC/ETH
The internet is being upgraded
Upgrade your company: start a DAO
Upgrade your community: make it tokenized
Upgrade your login: login with web3 wallet
Upgrade your video game: make it play to earn
Upgrade your jpeg: mint NFTs
Upgrade your payments: accept BTC/ETH
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