Onchain
Words matter. “The limits of my language means the limits of my world,” Ludwig Wittgenstein famously wrote. This is one of the reasons why I welcome the recent discussion about words to describe end-user use cases and technological developments in the crypto community. Crypto – do we still use that word? (Yes.) https://twitter.com/jessepollak/status/1764742947218858477 Base has recently started using ‘onchain‘ to describe many of the phenomena previously associated with the term 'web3&ap...
Consumer Product Moment
One reason centralized exchanges have flourished is because of the high access barriers today's self-custodial solutions, wallets and hardware security devices, still have. We have seen where this approach has led us. Self-custody software interfaces are still rudimentary, can be confusing and current hardware security devices are clunky, look like USB sticks (which can distort the perception and make it look like the owned assets are actually stored on the device, like a hard drive) and...
Thoughts on Wolf Game
Recently, Wolf Game launched their second mini-game (or pre-game): Cave Game. This is their first 3rd-person-view game, after the previous mini-game Alpha Game was interface-only, where users could stake their NFT assets in one of several Wolf Packs to compete for $WOOL — the game's native currency, which can then can be used to buy digital objects within the game’s internal economy in the yet-to-be released full game. Risk-based NFT Games Wolf Game was a pioneer in combining NFT and DeF...
Onchain
Words matter. “The limits of my language means the limits of my world,” Ludwig Wittgenstein famously wrote. This is one of the reasons why I welcome the recent discussion about words to describe end-user use cases and technological developments in the crypto community. Crypto – do we still use that word? (Yes.) https://twitter.com/jessepollak/status/1764742947218858477 Base has recently started using ‘onchain‘ to describe many of the phenomena previously associated with the term 'web3&ap...
Consumer Product Moment
One reason centralized exchanges have flourished is because of the high access barriers today's self-custodial solutions, wallets and hardware security devices, still have. We have seen where this approach has led us. Self-custody software interfaces are still rudimentary, can be confusing and current hardware security devices are clunky, look like USB sticks (which can distort the perception and make it look like the owned assets are actually stored on the device, like a hard drive) and...
Thoughts on Wolf Game
Recently, Wolf Game launched their second mini-game (or pre-game): Cave Game. This is their first 3rd-person-view game, after the previous mini-game Alpha Game was interface-only, where users could stake their NFT assets in one of several Wolf Packs to compete for $WOOL — the game's native currency, which can then can be used to buy digital objects within the game’s internal economy in the yet-to-be released full game. Risk-based NFT Games Wolf Game was a pioneer in combining NFT and DeF...

Subscribe to m3ta

Subscribe to m3ta
Share Dialog
Share Dialog
We're at the beginning of a new media culture—with new dominant players emerging in the form of crypto-native brands (e.g. BAYC). The establishment brands will try to leverage their existing influence (incl. money) and try to stay relevant.
We will likely see more and more of these traditional brands entering our space. Nothing wrong with that per se: building self-governed communities, using blockchain technology or even participating in the growing significance of online experience and existence.
But crypto-curious companies need to recognize and internalize the new rules and habits, which define this new paradigm, to be successful. For an example, attention and participation are redefined to —in lack of a better world—"Prosumowners".
https://twitter.com/beyondm3ta/status/1483725396474576897
Some are honestly embracing our culture and our contribution-first attitude—some not so. There will be a lot of cash grabs in the future. But: Those non-crypto-native brands which have "skin in the game" win. The roadmap is not just "gm", a fancy PFP and then an NFT drop.
That might be finally lucrative—but not infinitely reproducible. For long-term success and to get a piece of the scarce resource of "attention", it is inevitable to engage with and be part of the community and the conversations within. Crypto-native brands have that in their DNA.
We're at the beginning of a new media culture—with new dominant players emerging in the form of crypto-native brands (e.g. BAYC). The establishment brands will try to leverage their existing influence (incl. money) and try to stay relevant.
We will likely see more and more of these traditional brands entering our space. Nothing wrong with that per se: building self-governed communities, using blockchain technology or even participating in the growing significance of online experience and existence.
But crypto-curious companies need to recognize and internalize the new rules and habits, which define this new paradigm, to be successful. For an example, attention and participation are redefined to —in lack of a better world—"Prosumowners".
https://twitter.com/beyondm3ta/status/1483725396474576897
Some are honestly embracing our culture and our contribution-first attitude—some not so. There will be a lot of cash grabs in the future. But: Those non-crypto-native brands which have "skin in the game" win. The roadmap is not just "gm", a fancy PFP and then an NFT drop.
That might be finally lucrative—but not infinitely reproducible. For long-term success and to get a piece of the scarce resource of "attention", it is inevitable to engage with and be part of the community and the conversations within. Crypto-native brands have that in their DNA.
<100 subscribers
<100 subscribers
No activity yet