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JD

@darkstar

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JD
@darkstar
The internet doesn't ask for permission. It breaks things, and forces you to obey its pull. Crypto exhibits early signs of both -- brute force & trojan horse-- dynamics. new Darkstar 👇 https://darkstarcrashes.xyz/piracy-is-gravity
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@darkstar
interesting to think of launchpads as platforms. for example, Believe as YouTube-- 1) long tail creators (YT Infuencers vs. Indie App Devs) 2) existing distribution engine doesn't service the long tail (trad media didn't hire creators, managed distribution through brand vs. app store revenue for indie devs is small, managed by app rankings) what YouTube did for long tail creators, eating the big head, Believe can possibly begin experimenting with what that looks like for Indie Dev Creators.
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@darkstar
most data is a lagging indicator. i applaud crypto's rapid experimentation because it increases the chance to unlock something others don't see yet. even pushing against regulatory uncertainties. if Napster didn't happen, very big chance digital music is delayed/more expensive. & that movement was illegal at the time.
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crypto apps should explore more simulation experiences with their product. meaning, give the feeling of crypto to consumers without the full on risk.
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think many are thinking launchpads compete with VC. but that's not the case. really, these founders/projects have difficulty raising VC, aren't shooting for $B outcomes, but can capture meaningful $ in a short amount of time. so good avenue for an underserved segment of market.
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@darkstar
gm. https://open.spotify.com/track/6AGhDIyDbRonzGTdbIsNXa?si=6hcNeYpdQ9yX3_ZsHZJJNw
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@darkstar
this is very correct.
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will be interesting to see founders leverage launchpads as platforms versus purely investment vehicles. if revenue is driven through fees, there are creative models to be experimented upon-- driving audience, using network, outside scale. think more Meta & less AngelList.
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@darkstar
actually insane what @hume has done for bringing crypto media mainstream. on spotify alone, 3 of their 5 virtual artists have a collective: - 1,000,000 monthly listeners - multiple 1,000,000+ streamed tracks this is just on Spotify. a web2 platform.
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@darkstar
https://www.youtube.com/watch?v=W9bezjNO4NE
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@darkstar
decided to freestyle quickly on this: https://darkstarcrashes.xyz/piracy-is-gravity
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@darkstar
the game has changed-- markets at the speed of media > media at the speed of markets
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@darkstar
gm. https://www.youtube.com/watch?v=ztcVU_PQYLE&t=97s
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@darkstar
internet revolutions have come from two things-- brute force: ex) file sharing services (napster) trojan horse: ex) data collection services (every internet 2.0 business) for crypto, there are pockets of both. financial lobbying to bring crypto to the forefront of govt (brute) & stablecoins (trojan), for example.
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@darkstar
https://warpcast.com/darkstar/0x3b095458
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media was one of the first industries to feel the disruption from the long tail -- tradmedia in full control, then losing consumer attention to platforms, then losing creator authority to "influencers". crypto & AI unlock this is two larger categories: finance & software. expect something similar (but bigger).
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@darkstar
a different lens: in crypto, consumer growth is closely tied to how well blockchain companies perform on the B2B side.
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there's how we see the meta on the ground and then how we see the meta long term. if existing meta of launchcoin, santi/inversion is to be be packaged for what's next, the game on the field is giving better options to emerging/existing companies to leverage crypto. & that fees like the real onramp that grows usage.
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@darkstar
under discussed: stablecoins (digital dollars) make business models universal. it's no longer how you approach a market, but more so having every market open to you. granted, transactional behaviors and financial capacity vary, but it's no longer a technical restraint.
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few considering the load ChatGPT is carrying in terms of shifting consumer behavior with media & information. seeing immediate impacts in relation to search. but as we consider future of news, media, entertainment, etc., be mindful not to get trapped in the mindset that "it's not how it works today'' or "this never worked before" or "consumers don't want this in X category". because as ChatGPT succeeds in Its behaviorial transition, products/categories should take advantage too.
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