ted (not lasso)
@ted
Variant's first newsletter just dropped with a strong take from @li that web3 social networks with asset-first approaches (building for users' desire for profit) will succeed over ideology-first approaches (building for users' values + ideals): variantnewsletter.com/p/issue-1-thinking-about-web3-social. wdyt?
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Jacob
@jrf
I don't thinks it's profit or ideology that will sustain a social network, decentralized or not It's community & value creation Value is more than money đź’¸ It's content, connection and collaboration, among other things
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ted (not lasso)
@ted
wholeheartedly agree with you
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kbc - q/dau
@kbc
Yes, but value is long term thinking.
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Nico Gallardo 🍄
@nicnode
big agree here, but I think this is in line with the “asset first” approach - not all assets are tangible. You can also create “cultural” value which is sometimes even accounted for in balance sheets btw if you check Li’s self response on stealcam, you’ll find her counter argument, talks about community
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