in web3 you design the incentives
in web2 the incentives design you
a mental model for crypto in general that I enjoy

if you make it possible to design at the incentive layer (money/value exchange) you can build radically new things

skeptical onlookers scream ponzi and many times they’re right
but many times we’re right too

in general, it doesn’t seem like a great strategy to assume money and value exchange (or anything humans build) has reached its final form

gm
game design is another good analogy

you decide the rules, the gameplay, what is rewarded and how

you can use these tools build and test any value system hypothesis you have, with the built in distribution of networked money

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More from @jackbutcher

27 Oct
the visual guide to new money

december 2021

preorder: vv.run/decrypt Image
I have been asked to do this too many times to not do it

will take me a couple of months to write, organize and design

to get things moving, I'll give free access to the first 69 people to like and RT the above (please dm me so I can keep track)
all gone, preorders now $69
Read 6 tweets
18 Oct
and we're off
ty @ricburton, new collective, @jennyban_ & @adamludwin 🙏❤️‍🔥
Read 5 tweets
11 Oct
a crypto + cc0 case study

what do you get when you combine a permissionless financial system with permissionless intellectual property?

cool hats

(and a set of completely new economic incentives)
let's get into some definitions:

cc0 = relinquishing all copyright to a piece of work and dedicating rights to the public domain, for profit or otherwise
Read 20 tweets
10 Oct
gm Image
minted

in the wagmi spirit, all bidders will receive a proof of bid nft

vv.run/wagmi Image
5 bids in ❤️‍🔥
Read 6 tweets
18 Sep
most of the things people deeply appreciate are non-fungible
entertainment, art, sports teams

saw an @andy8052 tweet about a DAO buying a sports team

interesting to think about the implications of fan ownership / skin in the game long-term
seems to me like nfts are the infrastructure for the exchange of “unquantifiable” value, or vibes as we like to say around these parts

just like supporting a football team with a terrible track record is not a good “investment” but people spend their whole lives doing it
Read 6 tweets
17 Sep
to ship or not to ship
available for 60 minutes


vv.run/wagmi
📈
Read 6 tweets

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