The most essential drivers and applications needed to attract and, more importantly, retain collectors in the NFT art market are: museum-worthy curation, the capacity to appreciate NFT works as works of art in person, and the sense of community that NFTs are so well known for.
@toly@0xmisaka Might be a good explanation for new Layer1 solutions continously emerging from the ground to compete with well-established EVM-compatible chains. The future is where the talent is. Last word has not yet been spoken…
Might be a good explanation for new Layer1 solutions continously emerging from the ground to compete with well-established EVM-compatible chains. The future is where the talent is. Last word has not yet been spoken…
@0xmisaka Developers are a curious bunch, they want to try new tools. Sometimes ergonomics of the syntax make a big difference. Smart contract languages are backend languages, those doesn’t have moats.
4/ When implemented at the wrong moment, decentralization comes at a high cost. It’s best for young projects to approach a DAO structure in a step by step path towards decentralization by gradually integrating the community.
I just finalized a research paper in collaboration with @TU_Muenchen on the challenges and opportunities for founders in web3, with a special focus on early stage startups operating as DAOs, during their first weeks/months of operation. Here’s a little insight:
3/ If the restructuring happens too early, processes get slow and inefficient.
If the restructuring happens too late, the project lacks decentralization in important growth phases.
@PBWSummit was a great experience, really enjoyed meeting so many like-minded people in the space! Looking forward to Permissionless @blockworks#Miami#permissionless