@thenftattorney Bullish view is that they distribute risk and profit across a wider, potentially changing group. So ultimately, despite current technical limitations, it's a more competitive model than a traditional startup. We see plenty of bust with startups as well!
In the spirit of the thread, would love to hear challenges or other aspects I've not considered?
Read the full article on medium. (9/9) https://t.co/xqjIIiFUx8
Long ago I wrote a paper on why corporations environmental efforts are primarily marketing tools instead of real change.
Here's a theory of why using Web3 technologies could widen corporate focus on societal issues (1/9)
Ultimately towards shared ownership of projects based on input would continue the benefits of capitalism in terms of innovation and competition, whilst reducing inequality between those with the means to buy time from workers and those who have to sell their time to survive (8/9)
@ElementJD@VijarKohli@punk6529 With how easy & ~free switching currencies is with DeFi tools, can see the currencies competing with the projects backing them, and # of transactions flowing through. The more ways the spend your currency, the more people want your currency...