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Jeffrey Lebowski
@lebowski
I followed @kevinrose from the earliest podcasts with @tferriss I was a Day 1 member of his NFT project, Proof I joined his new Substack, and what I found didn’t surprise me:
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Jeffrey Lebowski
@lebowski
What follows isn’t an expose. It’s not a gotcha. It’s probably nothing that will surprise you, either. I wrote (quite some time ago) that “Access was always the alpha” In Kevin’s substack, that’s basically exactly what you find. It’s simple and pure access. What IS his investing philosophy? What supplements does he take? What are the latest gadgets he’s playing around with? I don’t call him out to shit on the wreckage of Proof or his missteps. But it’s a realization that NFTs as [temporary?] access tickets is probably what we were, indeed, after the entire time. Art aside, NFTs function best as a gatekeeping mechanism that makes online community access a priced (and tradable!) asset.
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Jeffrey Lebowski
@lebowski
Sure, I wish Kevin had made his Substack subscription an NFT with a limited supply. That way, when enough people are getting value from reading about whatever he’s doing, there’s a price to that access. Once that price exceeds the value you are getting from it (whatever that price is to you), you can sell it! And, yes, I do think the creator is entitled to a cut of that transaction. So it’s the same idea that FriendTech, Substack, OG NFTs (non-art), Cameo, the Super Bowl, or a @taylorswift concert are after. Because at the end of the day, NFTs are just a free market pricing mechanism for gated access. It’s always been about access. Which is why access was always the alpha.
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