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@seneca
reflecting on OPs round - funding builders works because if [product] is successful, blockspace demand grows. w nouns, our product requires a visual component to close the feedback loop and have any chance at economic sense. all leading me to think that media is the 80/20 of it all.
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note that funding builders makes sense because it is indeed the first half of the loop. but it feels to me that only a subset of makers (and their outputs) can convincingly close the loop at all.
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eg agora was funded by nouns but their outputs are way better suited for the op feedback loop (demand for blockspace) than they are for nouns (demand for a meme / status). otoh, a viral piece of high quality content is much better suited to drive tangible demand for nouns (via a mint or auction).
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