Navin Pareek

blah.... blah

[Navin Pareek @navpar]

With an explosion of software in the past few years, IMO, the tech stack of the future will see a LOT less custom code.

The attached poster/graphic summarizes my thoughts.

11 tweet thread follows... 🧵⬇️

[Navin Pareek @navpar]

@z0r0zzz Are these sends private?

[Navin Pareek @navpar]

@0xbeans would love to have a look

[Soubhik Deb @soubhikdeb]

A central question for AI revolution is can Government Keep Pace with AGI?

Samuel Hammond has a nuanced take on this. Every major technology wave has forced equally transformative change in institutions. Both the printing press and the industrial revolution brought this institutional change at their introduction, and now AGI will too.

And government is just another institution, just a much bigger and critical one.

Best case: Stripe becomes the new Commerce Department and the government we have in 2035 is just a residual institution protecting the nukes.

Worst case: AI pushes us past the institutional watermark the way Facebook toppled Tunisia. Except US has stronger institutions, so it will be able to take much more pressure.

More in this one:

3:55 government goes the way of Blockbuster
15:27 the legibility arms race
17:14 Inspector General GPT
22:44 trillionaire equity holders or living subsistence, so who even gets UBI?

New @postagixyz ep with @hamandcheese, link in replies.

[Shuyao Kong @hotpot_dao]

Hi Stani, I tried avoid getting into a public debate with you, but an irresponsible emoji here forces me to state the fact.

- My team worked with the original team ( not you) since a year and half ago. All original founders have left but we did not stop supporting you.
- We made all the intros and I personally hopped on investor calls to state our thesis and back up your app. I even sent the app to my normie friends who love magic
- We paid, literally paid, ads for you since we believe getting direct to consumers is important for Showdown
- Your complaint that I won't hop on a call with you is childish because I had allocated Ecosystem lead to work with you directly. A call with me won't get you further ahead, and I don't understand why you are so obsessed
- Oh I forgot to say that you had used our brand to send a bunch of random DMs to twitter anons and we chose to purposefully ignore

For sure, we were at fault, as the video series presented, on the mismanaged timeline and false expectation. I own that 100%

Yah, sending 🤡 back at you ser!

[Navin Pareek @navpar]

sports events, concerts, performances, journalist articles, etc to show who is good.

If the experts put their money where their mouth is i.e. buy the creator's coin, then they do not need to coordinate as a dao. Let the wisdom of the crowd (with enough, transparent info) decide.

[Navin Pareek @navpar]

Vitalik is unnecessarily complicating. I agree that curation is essential. But DAO isn't

I think creator coins are for anyone who could potentially become famous: singers, actors, footballers, cricketers, gymnasts, journalists, and more.

And there are already coaches, scouts...

[vitalik.eth @VitalikButerin]

How I would do creator coins

We've seen about 10 years of people trying to do content incentivization in crypto, from early-stage platforms like Bihu and Steemit, to BitClout in 2021, to Zora, to tipping features inside of decentralized social, and more. So far, I think we have not been very successful, and I think this is because the problem is fundamentally hard.

First, my view of what the problem is. A major difference between doing "creator incentives" in the 00s vs doing them today, is that in the 00s, a primary problem was having not enough content at all. In the 20s, there's plenty of content, AI can generate an entire metaverse full of it for like $10. The problem is quality. And so your goal is not *incentivizing content*, it's *surfacing good content*.

Personally, I think that the most successful example of creator incentives we've seen is Substack. To see why, take a look at the top 10:

https://t.co/duaCaGNYXp
https://t.co/y1F9Td0Y52
https://t.co/xEMt8pIK74

Now, you may disagree with many of these authors. But I have no doubt that:

1. They are on the whole high quality, and contribute positively to the discussion
2. They are mostly people who would not have been elevated without Substack's presence

So Substack is genuinely surfacing high quality and pluralism.

Now, we can compare to creator coin projects. I don't want to pick on a single one, because I think there's a failure mode of the entire category.

For example:

Top Zora creator coins: https://t.co/238cqf2bX1

BitClout: https://t.co/0jVmotkpFw

Basically, the top 10 are people who already have very high social status, and who are often impressive but primarily for reasons other than the content they create.

At the core, Substack is a simple subscription service: you pay $N per month, and you get to see the person's articles. But a big part of Substack's success is that they did not just set the mechanism and forget. Their launch process was very hands-on, deliberately seeding the platform with high-quality creators, based on a very particular vision of what kind of high-quality intellectual environment they wanted to foster, including giving selected people revenue guarantees.

So now, let's get to one idea that I think could work (of course, coming up with new ideas is inherently a more speculative project than criticizing existing ones, and more prone to error).

Create a DAO, that is *not* token-based. Instead, the inspiration should be Protocol Guild: there are N members, and they can (anonymously) vote new members in and out. If N gets above ~200, consider auto-splitting it.

Importantly, do _not_ try to make the DAO universal or even industry-wide. Instead, embrace the opinionatedness. Be okay with having a dominant type of content (long-form writing, music, short-form video, long-form video, fiction, educational...), and be okay with having a dominant style (eg. country or region of origin, political viewpoint, if within crypto which projects you're most friendly to...). Hand-pick the initial membership set, in order to maximize its alignment with the desired style.

The goal is to have a group that is larger than one creator and can accumulate a public brand and collectively bargain to seek revenue opportunities, but at the same time small enough that internal governance is tractable.

Now, here is where the tokens come in. In general, one of my hypotheses this decade is that a large portion of effective governance mechanisms will all have the form factor of "large number of people and bots participating in a prediction market, with the output oracle being a diverse set of people optimized for mission alignment and capture resistance". In this case, what we do is: anyone can become a creator and create a creator coin, and then, if they get admitted to a creator DAO, a portion of their proceeds from the DAO are used to burn their creator coins.

This way, the token speculators are NOT participating in a recursive-speculation attention game backed only by itself. Instead, they are specifically being predictors of what new creators the high-value creator DAOs will be willing to accept. At the same time, they also provide a valuable service to the creator DAOs: they are helping surface promising creators for the DAOs to choose from.

So the ultimate decider of who rises and falls is not speculators, but high-value content creators (we make the assumption that good creators are also good judges of quality, which seems often true). Individual speculators can stay in the game and thrive to the extent that they do a good job of predicting the creator DAOs' actions.

[Navin Pareek @navpar]

@PhysInHistory Q0qq1

[Navin Pareek @navpar]

@ChogNFT Ser Chog good morning

[Navin Pareek @navpar]

@amandalfischer @milesjennings CT is not the crypto industry.

Forming an opinion on one of the most innovative tech based on some messages on X is ... sad. Particularly when you are in a position of power.

Wonder how much of your action against the industry was based on views you found on X

[Navin Pareek @navpar]

@TheEylon @NexusMutual We are building life insurance on the blockchain. Is that of interest?

[Navin Pareek @navpar]

@liquifi_finance is anyone from your team at Devcon? Would love to meet them

[IvanKo @Iv4n_Ko]

Resolv success thesis 👇

Resolv is not just a stablecoin, tokenized money market fund or DeFi yields farm.

We build a scalable crypto-native yield generation infra layer. Stablecoin is a distribution channel for it.

[Navin Pareek @navpar]

@sreeramkannan @eigencloud If someone is building a proof of domain on @eigencloud, we would love to connect

The idea is to prove you work at, say, AAVE without revealing your full email .. and attest on say @eas_eth. Helps risk assessment (borrowing, insurance), CV proof of work, whistleblowing, and more

[Navin Pareek @navpar]

15 years on twitter! Do you remember when you joined? #MyXAnniversary

[Navin Pareek @navpar]

Hey @BeautifulAI_ your website has been behaving erratically the past few days. And is down right now. Would appreciate if it can be fixed soon.

Kudos on a magnificent presentation tool. Really makes a difference!

[Navin Pareek @navpar]

@calcom are you planning to add a Doodle-like functionality where ppl can co-ordinate their calendars to find a common free timeslot? Have an enterprise customer looking for this functionality

[Navin Pareek @navpar]

This thread is good

[Navin Pareek @navpar]

I'm verifying my Arweave address kkMhs2ryxGMZ-Y58tee7OoQryntO4oKfWl1RRcbu6Q8

[Navin Pareek @navpar]

Join Argent's L2 waitlist & $270k crypto sweepstakes https://t.co/r541tFRzGS

[Navin Pareek @navpar]

@consultantrhys Sure.