Introducing Impact 2.0
Blog iconNew Economic Revolution
Aug 31
Much of what drives success on social media today depends on feeding algorithms that don’t have our best interests in mind. These systems focus on harvesting attention, not rewarding genuine value creation. This traps creators and builders in a relentless loop — chasing engagement while their true potential remains ignored. Decentralized social media promised to change that. But so far, it hasn’t delivered. The centralized, attention-driven algorithms of Web2 still dominate Web3. There is a c...
  • Previous
  • 1
  • 2
  • More pages
  • 4
  • Next

New Economic Revolution

Written by
Mike Natanzon

The New Economic Revolution explores how we can transform our broken system into an abundance economy

Subscribers100+
Posts38
Collects11
Subscribe

2025 Paragraph Technologies Inc

PopularTrendingPrivacyTermsHome
Search...Ctrl+K

New Economic Revolution

Subscribe
Post cover image
Blog iconNew Economic Revolution
Oct 17
Why We Need a New Economic Revolution
What happens to a system when more and more people realize it no longer works in their interest? In today’s economy, too many things that benefit society are unprofitable — and too many profitable things harm society. We see this everywhere in our daily lives. Social media extracts profit from our attention instead of helping us build meaningful connections. News media keeps us perpetually outraged and afraid instead of informing us. AI is on a trajectory to hollow out our economy (or worse)
Post cover image
Blog iconNew Economic Revolution
Sep 4
The Building Blocks of the New Economy
How much do you value your economic freedom? If your answer is “a lot,” here’s the good news: a new economic paradigm is emerging — one that allows people to prosper on their own terms, without dependence on extractive companies that don’t have their best interests at heart. At its core, this paradigm rests on a simple idea: open and permissionless collaboration. Here’s how it works: networks fund projects that strengthen their own growth and prosperity. Funding happens retroactively, making ...
Introducing Impact 2.0
Blog iconNew Economic Revolution
Aug 31
Much of what drives success on social media today depends on feeding algorithms that don’t have our best interests in mind. These systems focus on harvesting attention, not rewarding genuine value creation. This traps creators and builders in a relentless loop — chasing engagement while their true potential remains ignored. Decentralized social media promised to change that. But so far, it hasn’t delivered. The centralized, attention-driven algorithms of Web2 still dominate Web3. There is a c...
Post cover image
Blog iconNew Economic Revolution
Aug 26
Is it Time to Rewrite the Unwritten Contract?
For the last 20 years we had an unwritten contract between users and platforms, is it time to change it? The contract went like this: Users will drive attention to the platform, and in exchange the platform will provide them with distribution Sounds like a win-win, right? Well, not exactly. Because platforms didn’t care how users drove attention — they only cared that they did And what’s the most effective way to drive it? Conflict and drama The users who pushed outrage porn and sensationalis...
Post cover image
Blog iconNew Economic Revolution
Aug 24
Why Value Creation Chains will Change Everything
Would you use a product if you knew that the company that made it stole half of its components from others? As an ethical and socially minded person surely you'd refuse to buy it. But the company's success in the market doesn't just depend on my actions or yours — it depends on the actions of multitudes of people. What if, for example, using the product puts people at a significant advantage over non-users? Or what if the product is a cure to a disease, or could save the life of a loved one? ...
Post cover image
Blog iconNew Economic Revolution
Jul 31
Let's Talk about the (Economic) Elephant in the Room
In the fable of the Blind Men and the Elephant, a group of blind men each touch a different part of an elephant — One feels the trunk and says it’s a snake, another touches the leg and thinks it’s a tree, a third man grabs the tail and claims it’s a rope, and so on. In many ways this is our approach to the multitude of problems that society faces today. We see a crisis of trust in media and institutions, the looming problem of AGI misalignment, job automation, social polarization, etc., and t...
Stolen No More: a New Model for Permissionless Cooperation
Blog iconNew Economic Revolution
Jul 11
So you had this amazing idea for an app on Farcaster You were so excited working on it days and nights, knowing how many users could benefit from it The only problem is, you don’t have much distribution since your account is quite small You decide to launch the app anyway — as open source But what happens next surprises you.. A bit after you launch, a much bigger account on the platform launches an app just like yours. Very quickly that app gains traction and dominates the platform – not beca...
2 collected
Why We're Doing Content Distribution Wrong (and How to Fix it)
Blog iconNew Economic Revolution
Jul 8
Distribution is the key to success on social media. But in the current media environment who has a vested interest in your success? The sad reality is.. almost no one. People are too busy building their own distribution channels — growing their following, getting engagement, all while trying to create something of value to distribute (..or not) The platforms don’t care if what you create is valuable (this is true on FC too, by the way). Their algo only cares if your content can help them sell...
1 collected
Post cover image
Blog iconNew Economic Revolution
Jul 6
Introducing Randomized Voter Sampling
You're not going to attract quality users to Farcaster if the network is not meritocratic - if it rewards people based on who they know and not what they contribute. Yet every system we have to reward creators and builders on FC right now is easily gamed by users with more clout in the network. This is true not just for FC's Engagement Rewards, but also for funding rounds that are explicitly meant to reward users for contributing value to the network (Rounds, QF, retro funding, etc.) Either t...
Post cover image
Blog iconNew Economic Revolution
Jun 2
Farcaster: the Platform Disruptor
Farcaster is not just a social media platform - that's just one thing you can do on this protocol. At its core, Farcaster is a decentralized*, censorship-resistant identity layer. And because of that it's a platform disruptor! Instead of Airbnb storing your data and getting 15% of owner/guest fees, Farcaster can be the trustless layer where owner/guest reputation is stored (and done in a way that's much harder to manipulate). The Farcaster-based platform can then provide the same service (con...
Post cover image
Blog iconNew Economic Revolution
May 13
How Coordination Structures Work
Every year, tens of trillions of dollars in value evaporate from our economy. Trillions more are foregone. This happens because an entire class of goods in the economy — public goods — has no way to capture value; no way for producers to get a return on the value provided to others. Without value capture there is little incentive to produce public goods in the economy. The result is that we are all significantly less prosperous for it, while our economy bleeds trillions of dollars in value ea...
1 collected
How Public Goods can Capture Value
Blog iconNew Economic Revolution
May 4
How do we scale public goods funding in crypto to a level where it actually makes a dent in the world — going from millions to billions and trillions of dollars in funding? The truth is that it may never happen unless we dispel an entrenched myth that is holding us back. That’s because exponentially growing public goods funding will require a different approach from what we’re doing today; these goods will need to capture value. The difference between goods that capture value and goods that d...
1 collected