PaperclipDAO Round 2: We Got a Punk!!!
Round 2 is complete and PaperclipDAO has obtained a Cryptopunk and some Meebit to boot! We acquired CryptoPunk #3744 (long known as the “Paperclip Punk”) and a portion of a Dissected Meebit from Calvin Liu who gets a 1/5 SE Earthen Concept Art Card and 400 $CLIP in return. Calvin, welcome to PaperclipDAO! 🖇Paperclip Punk #3744 and a Dissected Meebit #10761We weighed several factors in making a final decision on which trade to accept. We care about more than just the economic value of a trade...
PaperclipDAO Round 2: We Got a Punk!!!
Round 2 is complete and PaperclipDAO has obtained a Cryptopunk and some Meebit to boot! We acquired CryptoPunk #3744 (long known as the “Paperclip Punk”) and a portion of a Dissected Meebit from Calvin Liu who gets a 1/5 SE Earthen Concept Art Card and 400 $CLIP in return. Calvin, welcome to PaperclipDAO! 🖇Paperclip Punk #3744 and a Dissected Meebit #10761We weighed several factors in making a final decision on which trade to accept. We care about more than just the economic value of a trade...
PaperclipDAO's landmark first trade... and a tribute to the NFTs that got away
We just made our first trade! Paperclip DAO has swapped one $PAPER/$CLIP NFT for the 1/5 SE Earthen Concept Art Card offered by @bitcoinPalmer. Palmer welcome to PaperclipDAO! 🖇 We weighed several factors in making a final decision on which trade to accept. We care about more than just the economic value of a trade; we value the culture, story, and journey of the NFT as well. We also had to make a hard call about whether to honor the past or push towards the future. Our final poll after hour...
PaperclipDAO's landmark first trade... and a tribute to the NFTs that got away
We just made our first trade! Paperclip DAO has swapped one $PAPER/$CLIP NFT for the 1/5 SE Earthen Concept Art Card offered by @bitcoinPalmer. Palmer welcome to PaperclipDAO! 🖇 We weighed several factors in making a final decision on which trade to accept. We care about more than just the economic value of a trade; we value the culture, story, and journey of the NFT as well. We also had to make a hard call about whether to honor the past or push towards the future. Our final poll after hour...
For Trade: One $PAPER/$CLIP
In 2005, blogger Kyle MacDonald started with a paperclip and traded it for a pen, the first in an incredible series of trades that ended with him trading for a house. Items he traded for along the way include a hand-sculpted doorknob, a snowmobile, a year’s rent in Phoenix, and an afternoon with musician Alice Cooper. It’s an amazing story and even an archetypal one---an old Buddhist folk tale tells of a man who traded from a single piece of straw until he had a rice field. The Legend of Zeld...
For Trade: One $PAPER/$CLIP
In 2005, blogger Kyle MacDonald started with a paperclip and traded it for a pen, the first in an incredible series of trades that ended with him trading for a house. Items he traded for along the way include a hand-sculpted doorknob, a snowmobile, a year’s rent in Phoenix, and an afternoon with musician Alice Cooper. It’s an amazing story and even an archetypal one---an old Buddhist folk tale tells of a man who traded from a single piece of straw until he had a rice field. The Legend of Zeld...
Two young digital artists are swimming along when someone says to them "morning, how're the NFTs?"
What the hell's an NFT?You might know this nice fable recounted by David Foster Wallace in a famous commencement address:There are these two young fish swimming along and they happen to meet an older fish swimming the other way, who nods at them and says “Morning, boys. How’s the water?” And the two young fish swim on for a bit, and then eventually one of them looks over at the other and goes “What the hell is water?”When you first read this, you might think the point of the story is tha...
Two young digital artists are swimming along when someone says to them "morning, how're the NFTs?"
What the hell's an NFT?You might know this nice fable recounted by David Foster Wallace in a famous commencement address:There are these two young fish swimming along and they happen to meet an older fish swimming the other way, who nods at them and says “Morning, boys. How’s the water?” And the two young fish swim on for a bit, and then eventually one of them looks over at the other and goes “What the hell is water?”When you first read this, you might think the point of the story is tha...
The difference between Public Goods Problems and Coordination Problems… and whether it matters.
By Michael Zargham, Scott Moore, and Matt Stephenson (author order randomized)Public Goods Problems and Coordination Problems describe some of the most fundamental and important challenges we face both in Web3 and the wider world. While they are related concepts, they are theoretically distinct. Is this a distinction without a difference? In this note we explore why game theorists and even behavioral economists (like one of your co-authors) make such a distinction. We will describe what the d...
The difference between Public Goods Problems and Coordination Problems… and whether it matters.
By Michael Zargham, Scott Moore, and Matt Stephenson (author order randomized)Public Goods Problems and Coordination Problems describe some of the most fundamental and important challenges we face both in Web3 and the wider world. While they are related concepts, they are theoretically distinct. Is this a distinction without a difference? In this note we explore why game theorists and even behavioral economists (like one of your co-authors) make such a distinction. We will describe what the d...
