investing & writing about consumer tech since 2016. FID #30. hosting /web2web3 

https://www.lisnewsletter.com/

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?

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

people use social networks for one or more of these three reasons - status, belonging or entertainment

i don't think assets or ideology are a useful frame to think about why people want to be social

Technowatermelon. Elder Millenial. Building Farcaster. 

nf.td/varun

Making investing together better https://forumdaos.com | Variant Founder Fellow | Cambridge Alum | Formerly Ireland's #3 powerlifter (74kg)

sure, plenty of social situations revolve around assets but not all.

example: women, for most of history, have not had access to nor control of financial assets — yet have been able to establish and grow social networks perhaps to a stronger degree than men. for them, i'd argue community ownership > asset ownership.

Disagree, plenty of social situations predominantly revolve around assets … investment clubs & sou-sous go back at least 100 years if not more. These just haven’t successfully been taking online.

Status and belonging are deeply linked with asset ownership.

With co-ownership becoming more available…

status is a form of asset and ideology is a form of belonging