
tomato
@tomatoxyz
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content is ephemeral. and incredibly abundant. you could equate it's abundance to money, but money, is a standardized barter, while content is not. there's more content pieces each week than the TOTAL number of content pieces in the world 21 years ago.
you're likely looking at 400m pieces of content pieces published each day. also, content has the shortest shelf life. you're going to see 0.0001% of content pieces will have value over, say, a year or a decade [ie, if @naval's how to get rich without getting lucky was a coin, or @balajis.eth's purpose of technology / exit > voice]
you're ideally looking at a new wave of free markets / new asset class, like what art was in the renaissance, but here, each piece has more liquidity / virality compared to then [which also means that while outcomes remain same, ie 1/1m piece works, there's way more pump n dumps] 2 replies
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I've been thinking about this stubborn how-to-get-writers-sustainably-funded problem for a long time, since it pre-dates crypto. It's actually become one of my main intellectual interests over the years.
Without getting too far into the weeds, here are a few thoughts:
What if Paragraph were to zoom out and focus more on the social layer from a systems perspective -- i.e., think of context, curation, and conversation as the primary paths to value creation, rather than individual writers?
Could Paragraph help writers collectively build thriving creative scenes with network effects accruing to the contributors -- writers, editors, curators, preservers, and readers?
One of the things that drew me to Paragraph in the first place was the quote-highlight feature, for example. Could Paragraph give contributors places to preserve quotes and respond to them in ways that might help draw others into an ongoing conversation around the work? Maybe in a mini-app? 4 replies
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