JD

@darkstar

84 Following

1645 Followers

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The internet doesn't ask for permission. It breaks things, and forces you to obey its pull. Crypto exhibits early signs of both -- brute force & trojan horse-- dynamics. new Darkstar 👇 https://darkstarcrashes.xyz/piracy-is-gravity

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intention economy > attention economy

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Crypto has spent years figuring out how tokens relate to infrastructure—but the focus on how tokens connect with consumer products is new. And that shift will push crypto way further into the mainstream than any infra breakthrough ever could.

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money at the speed of media.

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do folks on farcaster favor a tip or a like? what's a better feeling?

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internet opened floodgates for mass distribution. social networks enabled that for media. crypto enables that for money -- stables, formation, investing, etc.

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Believe partner base pulling out product needs that often go unaddressed or ignored in traditional crypto. - how is the token connected to my product? - why should people hold this token (utility)? also solving the big problem in crypto which is that holders of the coin are (more often than not) not users of the product. which exists in traditional markets -- there are FB users and there are people who buy FB stock. however, crypto's opportunity is to tie it closer. https://x.com/pasternak/status/1924865227843137924

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code to code media. https://x.com/jarroddicker/status/1842216917529935915

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in crypto, we're conditioned that trading & holding should be large amounts, often leveraged, to (try to!) obtain large outcomes. but the "feeling" to evoke & capture may exist in smaller quantities. like turning $1 into $5. or just being tipped. removing the mindset that crypto is purely high risk, high reward removes blinders as to what can be built and what people would enjoy. & if the business is the "feeling", evoking is the first step towards realizing the value that can be built on top -- an easier starting point & potentially larger market.

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always enjoy spending time with @jess-- even if his beard & hair is better than mine. we cover the past week in internet capital markets: BELIEVE, the rise of app developers, the retail incentive challenge, extraction, B2B as a consumer cannon & Mantis Men in NJ: https://open.spotify.com/episode/4dvocjm0JJxs9BquyvSDr2?si=AYJqrH_BRI-TGWvykqKq9Q

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gm. https://youtu.be/v732LP5fQaw?si=r662NZn99Oc5yUax

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gm. https://open.spotify.com/track/5Z866Pqq9PXeussPpyi9QE?si=I9mx_A4XTK6mPtHapUzETg

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interesting to think of launchpads as platforms. for example, Believe as YouTube-- 1) long tail creators (YT Infuencers vs. Indie App Devs) 2) existing distribution engine doesn't service the long tail (trad media didn't hire creators, managed distribution through brand vs. app store revenue for indie devs is small, managed by app rankings) what YouTube did for long tail creators, eating the big head, Believe can possibly begin experimenting with what that looks like for Indie Dev Creators.

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most data is a lagging indicator. i applaud crypto's rapid experimentation because it increases the chance to unlock something others don't see yet. even pushing against regulatory uncertainties. if Napster didn't happen, very big chance digital music is delayed/more expensive. & that movement was illegal at the time.

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crypto apps should explore more simulation experiences with their product. meaning, give the feeling of crypto to consumers without the full on risk.

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think many are thinking launchpads compete with VC. but that's not the case. really, these founders/projects have difficulty raising VC, aren't shooting for $B outcomes, but can capture meaningful $ in a short amount of time. so good avenue for an underserved segment of market.

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gm. https://open.spotify.com/track/6AGhDIyDbRonzGTdbIsNXa?si=6hcNeYpdQ9yX3_ZsHZJJNw

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this is very correct.

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will be interesting to see founders leverage launchpads as platforms versus purely investment vehicles. if revenue is driven through fees, there are creative models to be experimented upon-- driving audience, using network, outside scale. think more Meta & less AngelList.

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actually insane what @hume has done for bringing crypto media mainstream. on spotify alone, 3 of their 5 virtual artists have a collective: - 1,000,000 monthly listeners - multiple 1,000,000+ streamed tracks this is just on Spotify. a web2 platform.

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