Why is it that I can send anyone with an Internet connection and smart phone a photograph freely and instantly, but sending the same person money is hindered by seemingly arbitrary constraints, like geography or days of the week?
Until the arrival of crypto, sharing information online existed in a technically separate system and on different terms than sharing value.
Sharing information is Internet-native—defined by interoperable protocols and file formats, encoded as bits that can be sent independently between any two nodes in the network. Sharing value, on the other hand, has relied on pre-Internet financial and monetary infrastructure that inherited all the political and technological limitations of those underlying systems.
Crypto's innovation is infusing value exchange with all the desirable attributes of a digitally-native information medium—programmability, interoperability, composability, virality, transferability. Importantly, crypto solved the one major limitation of digital mediums that previously made them unsuitable for a purely digital representation of value—scarcity guarantees.
Crypto protocols therefore blur the line between information and value. They encode value as information, and, consequently, information as value. Crypto turns media into financial assets, and as well as financial assets into media.
With crypto, sending five dollars to a relative across the globe is finally as easy as sending them a family photo.
This is why with Mirror, we're building a new publishing platform on top of crypto. We've seen the impact of Internet-enabled publishing over the past three decades, facilitated by the programmable spread of information. Now, it's time to run the experiment at the intersection of publishing and the programmable spread of value.
This is my new blog. Going forward, I will talk about Mirror and explore ideas at the intersection of value and information exchange in more depth here.
nis.ethThis DAO is here to $PARTY
Update: The crowdfund has been fully funded! Backers with at least 10 $PARTY tokens can now join the PartyDAO Discord. Party DAO An amazing community coordination paradigm called PartyBid has emerged this week. I want to capture it in this post and invite you to get involved in PartyDAO. But first, PartyBid’s backstory is essential. In a recent deep dive into web3, Packy McCormick cited Chris Dixon’s 2013 post “What the smartest people do on the weekend is what everyone else will do during th...
nis.ethNFT Inside
Scroll to the end to collect “NFT Inside” logo. The other day, Jacob shared a blog post describing an experiment he was working on with a fun little signifier to let readers know the post included something to collect: [NFT Inside].NFT InsideI thought it was a great little meme summarizing a fundamentally new experience enabled by web3. Web3 media always gives you something to take with you, to own and collect, to add to your digital inventory. It reminds me of cereal boxes that came with toy...
nis.ethSurreal
Trying out Mirror in curation mode with our updated NFT embeds. Surreal is a cool new project with really awesome NFT art, link to learn more below.Our new reality consists of loot. No matter easily discovered or barely recognized, it’s everywhere, and all you need to do is collect it. Сollecting is your lifestyle: in the constantly expanding Metaverse, you are minting, swapping, and transferring the things you find, always searching for something superior to your last discovery.Modules are y...
Building Mirror.
Why is it that I can send anyone with an Internet connection and smart phone a photograph freely and instantly, but sending the same person money is hindered by seemingly arbitrary constraints, like geography or days of the week?
Until the arrival of crypto, sharing information online existed in a technically separate system and on different terms than sharing value.
Sharing information is Internet-native—defined by interoperable protocols and file formats, encoded as bits that can be sent independently between any two nodes in the network. Sharing value, on the other hand, has relied on pre-Internet financial and monetary infrastructure that inherited all the political and technological limitations of those underlying systems.
Crypto's innovation is infusing value exchange with all the desirable attributes of a digitally-native information medium—programmability, interoperability, composability, virality, transferability. Importantly, crypto solved the one major limitation of digital mediums that previously made them unsuitable for a purely digital representation of value—scarcity guarantees.
Crypto protocols therefore blur the line between information and value. They encode value as information, and, consequently, information as value. Crypto turns media into financial assets, and as well as financial assets into media.
With crypto, sending five dollars to a relative across the globe is finally as easy as sending them a family photo.
This is why with Mirror, we're building a new publishing platform on top of crypto. We've seen the impact of Internet-enabled publishing over the past three decades, facilitated by the programmable spread of information. Now, it's time to run the experiment at the intersection of publishing and the programmable spread of value.
This is my new blog. Going forward, I will talk about Mirror and explore ideas at the intersection of value and information exchange in more depth here.
nis.ethThis DAO is here to $PARTY
Update: The crowdfund has been fully funded! Backers with at least 10 $PARTY tokens can now join the PartyDAO Discord. Party DAO An amazing community coordination paradigm called PartyBid has emerged this week. I want to capture it in this post and invite you to get involved in PartyDAO. But first, PartyBid’s backstory is essential. In a recent deep dive into web3, Packy McCormick cited Chris Dixon’s 2013 post “What the smartest people do on the weekend is what everyone else will do during th...
nis.ethNFT Inside
Scroll to the end to collect “NFT Inside” logo. The other day, Jacob shared a blog post describing an experiment he was working on with a fun little signifier to let readers know the post included something to collect: [NFT Inside].NFT InsideI thought it was a great little meme summarizing a fundamentally new experience enabled by web3. Web3 media always gives you something to take with you, to own and collect, to add to your digital inventory. It reminds me of cereal boxes that came with toy...
nis.ethSurreal
Trying out Mirror in curation mode with our updated NFT embeds. Surreal is a cool new project with really awesome NFT art, link to learn more below.Our new reality consists of loot. No matter easily discovered or barely recognized, it’s everywhere, and all you need to do is collect it. Сollecting is your lifestyle: in the constantly expanding Metaverse, you are minting, swapping, and transferring the things you find, always searching for something superior to your last discovery.Modules are y...
Building Mirror.
Subscribe to nis.eth
Subscribe to nis.eth
Share Dialog
Share Dialog
>4.6K subscribers
>4.6K subscribers
No activity yet