Hot take: Everyone is wrong about the Metaverse.

here's my 3 part theory..
Part I - Everyone is wrong

Most people think "the metaverse" is a virtual place.

Like in the movie Ready Player One.

A virtual world, like Minecraft, Roblox, or like Zuck showed in the facebook demo yesterday.

But what if it's not a place?
Part II - It's Not a Place, It's a Time

A time? wtf?

Yes, a moment in time.

You know in artificial intelligence, there's an idea of "the singularity"?

It's a moment in time where AI becomes smarter than humans. The moment when artificial intelligence > human intelligence
Part III - What it is

The metaverse is the moment in time where our digital life is worth more to us than our phsyical life.

This is not an overnight change. Or an invention by some steve jobs type.

It's a gradual change that's been happening for 20 yrs
Every important part of life is going digital.

Work --> from factories to laptops. boardrooms to zooms.

Friends --> from neighbors to followers. Where do you find like minded people? Twitter. Reddit. etc.

Games --> more kids play fortnite than basketball & football combined.
Identity --> filters are the new makeup. Stories are your personal billboard to broadcast who you are.

What matters more. What you look like in real life? or what you look like on instagram?

The pic on the left is what they see, so it's what matters. Image
Everything goes digital. Your friends, your job, your identity.

And now with crypto, your assets are online too.

Bored Apes are the new Rolex.

Fortnite skins are the new skinny jeans.

If everyone hangs out online all the time, then your flexes need to be digital.
So if you play this forward another 10-20 years - we will cross into the metaverse

The moment in time where digital matters more to us than physical.

Our attention used to be 99% on our phsysical environment.

TVs dropped that to 85%
Computers down to 70%
Phones.. 50%
our attention has been sucked from physical to digital.

And where attention goes, energy flows.

If 50% of our attention is on our digital screen, then 50% of our energy will go to our digital life.

Today it takes some effort to take our phone out of pocket and look at it.
Soon, some company will make smart glasses that sit in front of our eyes all day.

We will go from 50% attention on screens to ~90%+

That's the moment in time when the metaverse starts.
Because at that moment, our virtual life will become more important than our real life.
Is this a good or a bad thing?

Like anything, it's neither good nor bad. It's just a thing.

A very different thing.
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this thread went viral, but I forgot to add two things:

1) Nobody will call it the "metaverse" in a few years. That's like in 1997 people used to call the internet the "information superhighway" and "cyberspace"

2) except pooping. we'll all still poop in the real world

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More from @ShaanVP

25 Nov
For Thanksgiving me and @theSamParr made a list of our "Favorite Finds" of the year

*stuff (gadgets, etc.)
*apps
*content (articles, podcasts, etc.)

Here's the list of my favorite finds!
FAVORITE APPS:

I have apps for FUN (Twitter, TikTok, games..) and WORK (email, slack..)

These are great, but they keep the mind BUSY at all times.

So I found a few apps that bring PEACE of mind

#1 @fiveminutejour = Bring awareness to the things in my day I'm grateful for Image
#2 I've tried starting "meditation" many times but it never clicked and became something I enjoy.

Until I discovered "breathwork". My new morning routine is @othership_us. Guided breathwork by @robbiebent1 (was early at Ethereum). The music is top notch, makes it fun Image
Read 8 tweets
25 Oct
Never read it. Let’s see what the fuss is about
Already like it. Page one has a quote I live by:

Never work *for* someone. You can work *with* them, but not for them
Another good one. There’s a story about a guy who wanted to work for Thomas Edison but had no qualifications or access to him.

When Edison saw him, he was a stranger but something about the way he introduced himself struck Edison

A similar thing happened to me once..
Read 23 tweets
7 Oct
writing a book seems like a horrible idea.

normal =

* takes ~1 year before any results
* takes ~1,000 hours of input
* will make ~$0 or worse

hmm.. I want to hack the process

--> build in public, don't wait a year to publish
--> spend 50 hours instead of 1,000 (ghost scribe)
first step - open up my project kickoff template

#1 - Define winning
#2 - call out the anti-goals
Read 11 tweets
21 Sep
Most NFTs today follow the same "copy pasta" playbook.

- pick an animal (apes, penguins, lions etc.)
- autogenerate 10,000 variations
- try to sell it as the next big thing (get rich quick)
- and give 'exclusive access' to a discord

I wanted to do something different..
I wanted to create an NFT that had utility. Inspired by the willy wonka golden ticket idea.

Get a golden ticket, get access into the chocolate factory (hard/impossible to get otherwise)

So I created "5 Minutes of Fame"...
it gives the holder 5 minutes of airtime on our podcast, My First Million.

The podcast gets about ~1 Million downloads per month, and is growing about 20-30% compounded monthly

We don't take any external advertisers, so this is really the only way to buy your way onto the show
Read 10 tweets
14 Sep
OK let's try something fun.

I just minted a new NFT called "5 Minutes of Fame" on @opensea

This is a 1 of 1.

And it's not just a picture, it has actual utility built in.

Here's how it works:
first - here's the link to the NFT opensea.io/assets/0x495f9…
The NFT gives the holder the rights to 5 minutes of airtime on the My First Million podcast (~1 million downloads a month)

That "airtime" if we sold to a sponsor would be worth a few thousand. I started the auction at 0.25 ETH

The time is yours. You can use it how you want.
Read 11 tweets
7 Sep
cryptoweek. follow this thread (learn by doing.. learn in public)
started off creating a mental map for what all there is to learn.

I just went to disneyland, so I'm thinking about it like a big amusement park, with different rides.

Token Town
the DeFi District
NFT Mountain
etc.. ImageImage
Starting in the NFT world bc that's probably the area I understand the least.

I get it intellectually... but I "don't get it" in the sense that I can't bring myself to buy an expensive ape or punk.

The most interesting thing here is "Loot"
Read 42 tweets

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