Player Liquidity – Not just the money, but how many players you got?
When someone walks down the board game aisle of a hobby store*, they might notice the markings for the number of players a game can support. Chess? 2 players. Settlers of Catan? 3, 4, 5 or more with expansions. Bridge? 4 players (exactly). Additionally, games have different player requirements for the game to be “fun”. While it’s easy to play Solitaire with 1,2, 3, or more people playing together (with friends commenting and strategizing together), it’s impossible to play Bridge with fewer th...
Player Liquidity – Not just the money, but how many players you got?
When someone walks down the board game aisle of a hobby store*, they might notice the markings for the number of players a game can support. Chess? 2 players. Settlers of Catan? 3, 4, 5 or more with expansions. Bridge? 4 players (exactly). Additionally, games have different player requirements for the game to be “fun”. While it’s easy to play Solitaire with 1,2, 3, or more people playing together (with friends commenting and strategizing together), it’s impossible to play Bridge with fewer th...
the Composability Fantasy
Ever since Loot Project exploded, and I heard a poker player bought a bag of randomly generated words for a million dollars, I’ve been thinking about composability: the major innovation of Ethereum over its predecessors. Smart contracts (programs stored on the blockchain that run when predetermined conditions are met) are the code that power NFTs, DeFi, and DAOs. They’re composable, which means they’re like legos — the contracts are building blocks that can be programmed to interact with each...
the Composability Fantasy
Ever since Loot Project exploded, and I heard a poker player bought a bag of randomly generated words for a million dollars, I’ve been thinking about composability: the major innovation of Ethereum over its predecessors. Smart contracts (programs stored on the blockchain that run when predetermined conditions are met) are the code that power NFTs, DeFi, and DAOs. They’re composable, which means they’re like legos — the contracts are building blocks that can be programmed to interact with each...
Welcome to the Matrix: 5 ways NFTs will remake the economy for writers
Writers don’t get paid on time. They get paid very little. When the money does come, agents and managers, lawyers and publishers take huge percentages.In Hollywood, invisible gatekeepers slam invincible doors, while producers squeeze you for free drafts like the last pouch of Capri Sun on a hot day in June.A self-published author on Amazon can put up six figures’ worth of advertising money and still not make a profit from a year of work. Writing books is not really a good idea. What if it was...
Welcome to the Matrix: 5 ways NFTs will remake the economy for writers
Writers don’t get paid on time. They get paid very little. When the money does come, agents and managers, lawyers and publishers take huge percentages.In Hollywood, invisible gatekeepers slam invincible doors, while producers squeeze you for free drafts like the last pouch of Capri Sun on a hot day in June.A self-published author on Amazon can put up six figures’ worth of advertising money and still not make a profit from a year of work. Writing books is not really a good idea. What if it was...
I pay $5K to play Pokemon now.
Is the future of Blockchain gaming more like Soccer or Formula 1?An underrated and important leap in game development that occurred with the ubiquity and spread of free-to-play/freemium games was the shift away from paying upfront for a game’s content. This fundamental shift allowed people to play the game FIRST. Then, if players enjoyed the game, built-in game mechanics rewarded the game creators and the game itself through the mechanism of freemium. The past decade of game design has been b...
I pay $5K to play Pokemon now.
Is the future of Blockchain gaming more like Soccer or Formula 1?An underrated and important leap in game development that occurred with the ubiquity and spread of free-to-play/freemium games was the shift away from paying upfront for a game’s content. This fundamental shift allowed people to play the game FIRST. Then, if players enjoyed the game, built-in game mechanics rewarded the game creators and the game itself through the mechanism of freemium. The past decade of game design has been b...
Gold rush
EV means expected value. We use it in poker to judge the quality of our decisions, independent of the outcomes. When you lose $900k, it’s useful to know whether you played great and got unlucky... or just played like shit. Was the choice good, or was it bad? Did you generate value, or punt it away? EV is a useful framework for web 3: NFTs, DAOs, blockchain, crypto. Because we are building the Internet into the biggest casino in human history.Owning a Bored Ape or investing in $OHM gives you b...
Gold rush
EV means expected value. We use it in poker to judge the quality of our decisions, independent of the outcomes. When you lose $900k, it’s useful to know whether you played great and got unlucky... or just played like shit. Was the choice good, or was it bad? Did you generate value, or punt it away? EV is a useful framework for web 3: NFTs, DAOs, blockchain, crypto. Because we are building the Internet into the biggest casino in human history.Owning a Bored Ape or investing in $OHM gives you b...
