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Noun 40
@noun40
recently found out that @patyiutazza and @krel are both life long magic the gathering fans (yet another subculture) both felt that hasbro (huge toy company) buying the rights to the game back in 1999 was clearly bad for fans the more i’m looking at the world in this lens the more financial misalignment i see between subculture fans and traditional corporate ownership that lands on those subcultures nouns and crypto at large should explore if long term sustainably fan aligned forms of value capture and governance is possible for these subcultures the objective function is different from traditional c corps. it’s not maximizing shareholder profits. it’s being financially sustainable (likely modest growth for long stretches of time) while maintaining the integrity of the culture for fans. the tough part is credible and durable governance without something objective like profits as a north star.
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Zach
@zherring
Have you listened to the Odd Lots interview with the creator? Incredible insights on how killing speculative markets was essential for the long term sustainability of MTG, and how those interested forked: what is considered "valuable" due to rarity are sometimes/often no longer playable in proper MTG games. Shaped my POV on building crypto games + communities immensely. https://podcasts.apple.com/us/podcast/magic-the-gatherings-creator-wants-to-create-an/id1056200096?i=1000635775758
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Noun 40
@noun40
will give it a listen! thanks for the recommendation
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Zach
@zherring
lmk what jumps out at you. I'm gonna re-listen this afternoon as well, feels like there's a lot to pull from their POV.
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