A THREAD on most thought provoking ideas on crypto, NFTs, DeFi++ shared by @ASvanevik:

1/

Open source.

Open data.

Open finance.
2/

Since 2021, crypto is no longer 1 market.

Previously everything moved in tandem - now we have:
- Bitcoin
- NFTs
- DeFi
- Ethereum
- Other L1's

Crypto is growing up.
3/

This is the biggest revolution since the internet.

And you're on the frontier.
4/

The best thing about crypto is that it gives you a mindset of abundance.
5/

Kids born after 2010 will leapfrog banking and go straight to crypto.
6/

Crypto is the only industry where retail frontruns institutions.
7/

Crypto has placed more money in the hands of people in their 20s than anything in history.

Fascinating to think about the secondary effects of that.
8/

We own the very first wave of digital assets.

It's not inconceivable that humans thousands of years from now will consider them as important as the pyramids are to us today.

(when I say "humans thousands of years from now" I ofc mean our robot overlords)
9/

The default for crypto startups is to build in public, with users right there in your Discord server.

This tightens the feedback loop dramatically - and allows us to build better products faster.
10/

NFTs are a scheme to transfer wealth to artists.
11/

Expect to see a lot of benefits be given to NFT holders.

Imagine the value of a customer group like Cryptopunk holders to certain brands.
12/

Whitelisted NFT drops will be the thing going forward.

Make sure you have a good on-chain record as a contributor to the ecosystem.
13/

A lot of great people are making the move from traditional finance to crypto.

The exodus has begun.
14/

DeFi brings the capital.

NFTs bring the people.
15/

If you accept the Loot thesis (people will build on it), seems obvious the same thing happens to most major NFT projects out there.
16/

Crazy idea: Let people do what they want with their money.
17/

Transparency >>> Regulation
18/

The highest quality crypto assets will eventually become collateral.

So why ever sell them?
19/

Crypto is the best MMORPG.
20/

Bitcoin is the most successful proof-of-concept in history.

But it's not the final solution.

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More from @rohit_jindal29

12 Oct
A THREAD on most insightful tweets on web3, creator/ownership/crypto economy++ shared by @ljin18:

1/

Web3 is the era of the internet in which users can own a part of the services & networks they contribute to.
2/

Extracting from those who are in positions of less leverage is the OLD form of capitalism; web3 gives us new primitives that align participants w/ platforms.
3/

Platforms—left unchecked and with winner-take-all dynamics—yield a 21st century version of serfdom.

What comes after neo-feudal capitalism?

DECENTRALIZED CAPITALISM
Read 19 tweets
10 Oct
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
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
3/

Free:

$0 = learning about web3

$0 = starting an internet community

$0 = designing an NFT

Expensive:

Ignoring crypto and web3 all together
Read 19 tweets
9 Oct
A THREAD on most thought provoking ideas on creator economy, NFTs, DAOs++ shared by @Cooopahtroopa:

1/

Culture drives adoption in a way that finance never will.

NFTs are the funnel.

DeFi is the backbone.

DAOs are the future.

Allocate time to mastering them all.
2/

Learning crypto is like learning a new language.

Incredibly difficult to start, but once it clicks it will stick with you forever.
3/

We need better crypto onboarding.

The current state of Metamask, Ledger, contract addresses and seed phrases is terrible.

This will be solved, but in its existing form it is nowhere near ready for prime time.
Read 20 tweets
8 Oct
A THREAD on most thought provoking tweets on ownership economy, Web 3, DAOs, NFTs++ shared by @jessewldn:

1/

The internet built Wikipedia, with no economic incentive.

Don't underestimate what the internet can build as DAOs.
2/

The Ownership Economy is here.

Last summer, it happened in DeFi.

This summer, NFTs took it mainstream.

Now ownership is beginning to be a keystone of all consumer internet products and services.
3/

In Web2, networks are owned by a select group of people who invest or work for the company.

In Web 3, the opportunity is to build networks owned by those that contribute—be it with code, machines, content or community building.

The users own the networks.
Read 19 tweets
7 Oct
A THREAD on most thought provoking ideas on crypto, DeFi, NFTs, DAO++ by @FEhrsam:

1/

Pseudonymity online allows anyone to be judged solely on merits.

Crypto, as with many things, is a window into this future.
2/

Crypto is just getting started.

We are ~1% into the most important technology of the coming decades.

Crypto will redefine money and information, the two fundamental ways the world coordinates.
3/

Crypto is the testing ground for the future of governance: by algorithm, not by politician.
Read 21 tweets
6 Oct
A THREAD on most thought provoking ideas on Web 3, NFTs, tokens++ shared by @cdixon:

1/

Web 3 is the internet owned by the builders and users, orchestrated with tokens.
2/

Tokens are a new digital primitive, analogous to the website — the atomic unit around which a new era of the internet is organized.
3/

Web 3 introduces a powerful new tool for bootstrapping networks: token incentives.

Token incentives are effective, but also far fairer than the centralized Web 2 model.

Shouldn’t the people who helped build a network get to own a meaningful piece of it?
Read 24 tweets

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