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borged.eth

@borged.eth

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borged.eth
@borged.eth
With the fingerprints DAO split/dissolution likely, I am thinking about how collector DAOs can be viable. My one guess is that it makes most sense when members personally own pieces from the collections that the DAO has collected from, and thus have personal stake in the continuous promotion of the work as well as something to lose if the DAO dissolves (sell pressure, loss of visibility/prestige for the collections). Another one is the potential synergies between collecting and publishing or other revenue generating activities (nfts from your publishing arm fetch more because your curated collection lends you prestige). Fingerprints performance in this was hit and miss.
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A Trump term can be bullish for crypto, not due to any crypto regulation but simply through macro policy. https://www.politico.com/news/2024/04/15/devaluing-dollar-trump-trade-war-00152009
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Controversial opinion but farcaster protocol will eventually need a token: 1) As a stake for hub operators (to prevent sybil attack) 2) To incentivize data storage (ensure there is a client-agnostic protocol infra) 3) To manage the lease of channel names and such. That is *if* farcaster becomes large and decentralized. I appreciate the app-first approach of the team but hope that things will gradually decentralize. Otherwise, there is no need to bother.
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A bit of sanity in generative AI debate. "The judge disagreed, however, on the grounds that the code suggested by Copilot was not identical enough to the developers' own copyright-protected work, and thus section 1202(b) did not apply." It should boil down to whether the end result is identical enough to the original material, the criterion with which we judge on human-created content anyway. https://www.theregister.com/2024/07/08/github_copilot_dmca/
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lol
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Am I the only one who finds it odd that # of casts, reactions, etc. is hard-baked into farcaster storage unit economics? Why not have a content-agnostic pricing based on data/bandwidth? For example, I like things more than I cast (and not alone in this), but there is more space for casts than reactions. I guess the assumption is that reactions can be more ephemeral and old ones can be deleted as new reactions come. But why not do this management at the client level and perhaps allow users to override if necessary? Fewer assumptions and fewer hard-baked variables better for protocol design in general. Long term reaction data can be helpful to build better social graphs or recommenders. We cannot anticipate all the use cases now...
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the most usable digital artist webpage be like https://constantdullaart.com/
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This is a stimulating read, but I see two things a bit differently on why web3 social has not yet taken off with the masses: 1) Web3 builders might be thinking more about their in-group status (among cool techies) than what end-users do with their product. Web3 builders are prone to status games as much as their target end-users, which ironically might be making them less user-centric. 2) Imo, the main benefit of decentralization is for other builders and serious content creators (as few end-users actually care about decentralization). The likely scenario is decentralized social media attracting users due to better UX thanks to composability.
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recently thinking about which artists, in NFT space and elsewhere, best fit the description of doing termite art. "In contrast, termite art (or ‘termite-tapeworm-fungus-moss art’) is what artists – like Farber – produce when they metaphorically chew through what is directly in front of them, heads down, with no regard for an eventual destination." https://www.frieze.com/article/tribute-manny-farbers-termite-art
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90% of what we call 'misinformation' is people cherrypicking information that affirms their biases.
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The generative art market has been going through a supply-demand mismatch. The low barriers of entry and better tooling will make creation even easier in the future. What will then be the point of minting generative art, or any NFT? A cynical first take is to predict a shift of power from production to distribution as it happens once the production becomes abundant. This privileges influencers, artists with name recognition / many followers, and publishers with large collector bases (be it studios or DAOs). Another potential effect is collectors becoming more defensive and sticking to existing bluechip collections. That said, I do not think that this will be the whole story. (1/2)
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Even better advantage: There can be many farcaster clients that boost or penalize various types of content. Opportunities of protocol-client unbundling.
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Don't let pro-palestine protestors mislead you. Just see for yourself the courageous acts of Israeli soldiers on the ground https://twitter.com/ytirawi/status/1801555895878361567?s=19
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Disqus but using farcaster. You just comment under articles, but they are published in farcaster and not siloed within the website. Main challenge: making user onboarding as smooth as web2 & character limits. https://en.wikipedia.org/wiki/Disqus
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Lens is better in this respect. There is a client-agnostic onboarding site where you get your lens account. You can then move between apps without friction. The content in lens is even more limited than FC tho.
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Dilemma for warpcast: what is the incentive of growing the pie if none might accrue to warpcast (hence hosted accounts) for other devs: what is the point of building if everything will go through warpcast apps that can do without warpcast login the answer? copying X won't lead to mass adoption. Fc needs more apps.
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Yuga got quite the attention with this, but the reality is you can either have true collector ownership or airtight royalty enforcement. You cannot have both. I rather see artists keep a % of the collection than see the core value proposition of NFTs being diluted.
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Reflecting on how memecoins assumed the role some NFT collections fulfilled during the height of the 2021 craze. Since then it became obvious that NFTs cannot beat memecoins in liquidity. Could this be one reason why we see less 1-10k collections and more <200 collections? 🤔
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Patents or scientific publications provide better templates (e.g., compared to paintings) when it comes to appraising NFT art. NFTs are essentially information and their reach is not limited by physical space + beautiful visuals are now abundant. "Buy what you like" (taken at face value) has become obsolete.
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Euro politician cannot comprehend permissionlessness https://www.politico.eu/article/danish-pm-calls-for-15-age-limit-for-social-media-in-eu/
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