Why web3 matters:
@cdixon on the evolution of the web, centralized-to-decentralized, digital property rights via tokens, and an internet owned by builders and users, not platforms. future.a16z.com/why-web3-matte…
The Web 2.0 business model is attract & extract.
Google, Spotify, Fortnite. All walled gardens meant to entrap and profit on our behavior.
Verticals using this model are ripe for disruption.
See how Gods Unchained disrupts gaming with @ChrisClayPlaysnewsletter.banklesshq.com/p/play-to-earn…
Behavioral economists theorize that there are 4 drivers that form the underlying architecture of human motivation: The drive to acquire ($, NFTs), bond (DAOs, friends, guilds), invent (minigames, metagames), and defend (ideology, battles, territory).
Congrats to the @CoinSwitchKuber team! We’re proud to lead their Series C alongside Coinbase Ventures. They play a critical role onboarding millions into the crypto economy in one of the most important markets in the world, India🚀🌏 and they're hiringrecruiterflow.com/coinswitch/jobsiM
Play-to-earn games like @AxieInfinity have introduced a brilliant new endgame: the management sim
There are more jobs to be done in a P2E game than ever before. Player, manager, scout, breeder, coach etc
Thread 👇 on my journey from player to manager in@AxieInfinityyZ
"The most valuable NFTs are, to put it simply, beautiful. Manifold treats the blockchain like a new kind of artistic canvas — and like any new medium, there are now new forms and ideas to play around with. "
so excited about @manifoldxyz and for more sublime beauty on-chain 😻⚡️twitter.com/cdixon/status/…V
The team -- led by @ediep, @richerd, and @wwhchung -- has deep software expertise and a strong commitment to building protocols that work for individual NFT artists and the entire web3 community. We are thrilled to partner with them :)
Some of the most talented innovators in web3 are building dynamic functionality with Manifold, including @Mad_Dog_Jones, @fvckrender, and @muratpak. The source code for these unique artist collaborations will be available to any artist.
Manifold Studio is their new toolkit that deploys creator-owned smart contracts that mint NFTs with on-chain provenance, interoperable with all major NFT marketplaces. There are many features coming soon, including new ways to track and manage royalties. manifoldxyz.substack.com/p/manifold-stu…
I've written that the early web and early days of web3 have similar limitations: people's interaction were "read-only" and founders started with skeuomorphic copies of older technologies. cdixon.mirror.xyz/0veLm9KKWae4T6…
Today, I could not be more thrilled to announce that @a16z crypto is leading a $152M round in @SkyMavisHQ, maker of @AxieInfinity.I’ll also be joining the board. This team set off an earthquake this year, and the industry is forever changed: a16z.com/2021/10/05/inv…
Play to Earn: a 0 to 1 Explainer
This is the first thread in a series on P2E games, which will run every other day starting today until my brain is empty. H/t @AriannaSimpson, @gabusch, & @cdixon, who've each contributed different mental models to my thinking on this topic.👇
@cdixon “Don’t hate the player; hate the game.”
Web2 rules made the centralized platform vs. users conflict inevitable.
- designs new rules,
- aligns incentives of the builders and users,
- and makes the centralized platforms redundant to distribute more value to communities.
Blacksmiths make their own tools. “Carpenters don’t make their saws and hammers, tailors don’t make their scissors and needles, and plumbers don’t make their wrenches, but blacksmiths can make their hammers, tongs, anvils, and chisels.” goodreads.com/book/show/1863…