In The DAO of DAOs, for example, I wrote, “I think that stakeholder ownership is the natural state of things, and that we just haven’t had the technology or models to coordinate such widely distributed governance and ownership before.” I was proud of myself for coming up with the comparison. I’ve explained crypto as a way of getting back to our roots, but on a global scale, in recent essays. NFTs behave like physical things, but with lower storage costs, programmability, and composability.ĭAOs behave like LLCs, but with more flexibility, speed, and stakeholder ownership and control.

Ĭrypto can give digital assets physical properties with digital superpowers.īitcoin behaves like gold, but it can be stored and transferred more easily.ĭeFi behaves like the financial system, but without middlemen and with programmability and composability. As always, if you’re going to invest, do your own research. If you saw my portfolio over the past couple of months, you would know that you’d have to be a fool to buy something just because I wrote about it. As always, I only write sponsored deep dives on companies or assets I would invest in personally – but this piece is for entertainment and educational purposes only. ĭisclaimer : As always, this is not investment advice. Plus, if I weren’t genuinely fascinated, there’s no way that I could have written 14,000+ words – they would have paid me for less than half that many! You can read about how I choose and write Sponsored Deep Dives here. While the piece is sponsored, these are all my real and genuine views – there’s no perfect blockchain it’s all about making the right trade-offs to serve the target audience and use cases. The future is multi-chain. As with Solana and Braintrust, I figured that the interest in Flow is broad enough that it deserved to be a Monday piece. They’re building a maximally decentralized platform to support a billion users building complex worlds on-chain, even if it means making some hard trade-offs upfront.

While it started that way, what’s happened since and beneath the surface is much more complex and fascinating. Many people in crypto dismiss Flow, the blockchain originally developed by Dapper Labs, as too centralized or corporate. One of my favorite kinds of essays to write are the ones where there’s an obvious consensus opinion … that turns out to be completely wrong.

Chainmonsters instal the new for ios