A THREAD on thought provoking tweets on web3, crypto education, DAOs, NFTs++ by @Flynnjamm:
1/
Web3 is about reinventing the way we work with flexible work hours, ownership in the platforms we contribute to, while having our own agency.
1/
Web3 is about reinventing the way we work with flexible work hours, ownership in the platforms we contribute to, while having our own agency.
2/
web3 needs web2 more than web2 needs web3.
web3 needs web2 more than web2 needs web3.
3/
"the khan academy for crypto, with aligned economic incentives & a strong community, is @rabbithole_gg" - @joshuamisir
"the khan academy for crypto, with aligned economic incentives & a strong community, is @rabbithole_gg" - @joshuamisir
4/
"RabbitHole has shown a means for Web3 users to be recognized for their skills and expertise by completing microwork and recording such activities on-chain, thereby resolving the invisibility issues [that crowdworkers face]"
"RabbitHole has shown a means for Web3 users to be recognized for their skills and expertise by completing microwork and recording such activities on-chain, thereby resolving the invisibility issues [that crowdworkers face]"
5/
Your crypto transaction history is the new credential.
It doesn’t matter where you went to college or what your last job was.
Your reputation is now based on provable micro-tasks that can be verified on-chain.
This is the crypto credential.
Your crypto transaction history is the new credential.
It doesn’t matter where you went to college or what your last job was.
Your reputation is now based on provable micro-tasks that can be verified on-chain.
This is the crypto credential.
6/
The future of education is not homeschooling, bootcamps, or cohort-based courses.
It's proof-of-learning:
- Learning on the job through micro-tasks (applied learning)
- Resume auto builds as you prove learnings digitally
- Earn ownership in networks as you learn
The future of education is not homeschooling, bootcamps, or cohort-based courses.
It's proof-of-learning:
- Learning on the job through micro-tasks (applied learning)
- Resume auto builds as you prove learnings digitally
- Earn ownership in networks as you learn
7/
Education wasn’t needed in web2 because the products were closed ecosystems that had guardrails.
Web3 introduces agency & self-sovereignty, which means education is desperately needed — there are no guardrails.
Education wasn’t needed in web2 because the products were closed ecosystems that had guardrails.
Web3 introduces agency & self-sovereignty, which means education is desperately needed — there are no guardrails.
8/
The most important thing we can do as a community is provide crypto literacy for all.
If society is crypto literate, we can mass coordinate.
The most important thing we can do as a community is provide crypto literacy for all.
If society is crypto literate, we can mass coordinate.
9/
Education in crypto is difficult because users need to know the following before using any crypto application:
1. Wallets
2. Networks
3. Bridging
4. Gas
5. Approving/Signing messages
Education in crypto is difficult because users need to know the following before using any crypto application:
1. Wallets
2. Networks
3. Bridging
4. Gas
5. Approving/Signing messages
10/
The next evolution of play to earn is learn to earn
The next evolution of play to earn is learn to earn
11/
Today, tens of thousands of teenagers make millions creating experiences on Roblox
Tomorrow, millions of teenagers will earn thousands through learn-to-earn in crypto
Many will start to realize this is a real alternative to higher education similar to the creator economy
Today, tens of thousands of teenagers make millions creating experiences on Roblox
Tomorrow, millions of teenagers will earn thousands through learn-to-earn in crypto
Many will start to realize this is a real alternative to higher education similar to the creator economy
12/
Over time, more young people will join DAOs instead of going to university
Benefits:
1. Accessible anywhere in the world
2. Learn while you earn
3. Build your on-chain resume as you contribute
The big question: can DAOs provide a social experience that rivals universities?
Over time, more young people will join DAOs instead of going to university
Benefits:
1. Accessible anywhere in the world
2. Learn while you earn
3. Build your on-chain resume as you contribute
The big question: can DAOs provide a social experience that rivals universities?
13/
theory of future of work <> web3
play to earn is a subset to a much larger category of on-chain work
on-chain work is how most of the global labor market will earn as physical labor becomes automated away
theory of future of work <> web3
play to earn is a subset to a much larger category of on-chain work
on-chain work is how most of the global labor market will earn as physical labor becomes automated away
14/
The future of work is one click jobs with no bank account, employment contract, or prior credentials required.
The future of work is one click jobs with no bank account, employment contract, or prior credentials required.
15/
The trick to hiring in web3 is to look for the people who are curious enough to dive down the Rabbithole without being told to do so.
The Rabbithole test:
-What wallet do you use and why?
-What is the last protocol that you used and why?
-What is the most exciting...
The trick to hiring in web3 is to look for the people who are curious enough to dive down the Rabbithole without being told to do so.
The Rabbithole test:
-What wallet do you use and why?
-What is the last protocol that you used and why?
-What is the most exciting...
... thing happening in the crypto space right now?
Even if you’re in web2 trying to break into web3, you should be able to answer these questions
Even if you’re in web2 trying to break into web3, you should be able to answer these questions
16/
Being excited about brands using NFTs is like being excited when brands went online in the early 2000s.
Being excited about brands using NFTs is like being excited when brands went online in the early 2000s.
17/
NFTs as avatars will be 10x bigger than NFTs for creators. Why?
People would rather be part of a tribe they can collectively own rather than be a fan of an individual.
NFTs as avatars will be 10x bigger than NFTs for creators. Why?
People would rather be part of a tribe they can collectively own rather than be a fan of an individual.
18/
DAOs today feel a lot like NFTs in 2018.
A handful of people knew NFTs were going to be big, but were wrong on what the killer use case would be (gaming wasn’t it, PFPs were).
Similarly, social tokens and DeFi protocols are perhaps not the killer use case for DAOs.
DAOs today feel a lot like NFTs in 2018.
A handful of people knew NFTs were going to be big, but were wrong on what the killer use case would be (gaming wasn’t it, PFPs were).
Similarly, social tokens and DeFi protocols are perhaps not the killer use case for DAOs.
19/
Ironically, the biggest opportunities in DAOs involve creating intermediaries to help them coordinate with one another.
Ironically, the biggest opportunities in DAOs involve creating intermediaries to help them coordinate with one another.
20/
we need to stop limiting our thinking that gnosis safe+snapshot+discord are the best way to do DAOs.
there’s definitely a better way, and we shouldn’t be afraid to experiment with new solutions.
Truth is that DAOs today aren’t really decentralized, autonomous, or an org.
we need to stop limiting our thinking that gnosis safe+snapshot+discord are the best way to do DAOs.
there’s definitely a better way, and we shouldn’t be afraid to experiment with new solutions.
Truth is that DAOs today aren’t really decentralized, autonomous, or an org.
21/
The success of a startup depends on the first 10 hires
==
The success of a cryptonetwork depends on the initial token distribution
The success of a startup depends on the first 10 hires
==
The success of a cryptonetwork depends on the initial token distribution
22/
Most people entering the space think about crypto from a top down perspective (ie. how do we add crypto to what exists).
However, much of the innovation in crypto comes from bottoms-up communities (ie. Loot, CryptoKitties).
Most people entering the space think about crypto from a top down perspective (ie. how do we add crypto to what exists).
However, much of the innovation in crypto comes from bottoms-up communities (ie. Loot, CryptoKitties).
23/
the more time you spend in crypto, the easier it is to identify who’s in it to get rich & who’s in it for the cause.
be careful who you align yourselves with.
the more time you spend in crypto, the easier it is to identify who’s in it to get rich & who’s in it for the cause.
be careful who you align yourselves with.
24/
the problem with being too in the weeds with crypto is that original thinking starts to deteriorate.
the space needs people who've reached the deepest levels of the rabbithole but still have original thinking.
the problem with being too in the weeds with crypto is that original thinking starts to deteriorate.
the space needs people who've reached the deepest levels of the rabbithole but still have original thinking.
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