Over the years on this blog, we have spoken about at least two ways to think about development pro formas. In the purest academic sense, you could say that pro formas are a way to determine the value of development land. You start with your forecasted revenues, deduct all of your expected costs, and then at the end you're left with some amount of money that can be spent on land. Said differently, land becomes the "residual claimant" in your financial model. This is an important exercise, but ...

The Artist’s Oath is a personal commitment to how I show up creatively. It is a reminder to lead with integrity, to resist the pressure to perform, and to make work that reflects truth, not just what gets attention. It is a compass for navigating the tension between expression and permanence, and a way to stay rooted in what matters: presence, process, and purpose, not perfection.

"Management is ultimately a battle against efficiency"Den Fujita (藤田 田) was born in Osaka Prefecture in 1926. His name, "Den," was unique—chosen by his Christian mother in the hope that the kanji 田, resembling a mouth (口) and a cross (十), would bless him with eloquence. This kanji actually also means 'rice paddy'. His father, an electrical engineer for a British firm, was an outspoken critic of the war, closely monitored by military police. Photo CreditTragedy struck during World War II when ...

"Blockchain doesn’t ask us to trust—it empowers us to verify, together."This week, we explore how blockchain is redefining trust in an era of digital uncertainty. In a world where data breaches and centralized failures erode confidence, blockchain’s core attributes—decentralization, transparency, and immutability—are laying the foundation for a new kind of trust, one that doesn’t rely on intermediaries or single points of failure.Web 3 LearningVocabularyDecentralization Blockchain distributes...

Last year, I wrote an essay reflecting on my exploration of latent space as a creative medium, which sought to grapple with the existential question of how human craft and creativity fit into the age of Generative AI. One of the key insights that emerged from that journey was that the surface area for human design within these systems exists at the level of programmability, or put another way, within the process of training the model and/or architecting its underlying design. “This is essenti...

The conversation surrounding contentcoins is generating significant buzz across Warpcast and X, with opinions ranging from enthusiastic adoption to outright skepticism. However, as an artist and builder in the web3 space, my experience focuses less on fleeting trends and more on actively laying the groundwork for the future success of my art-centric project within this new kind of creator economy. This is my viewpoint as someone deeply engaged in experimenting with content, coins, and the evo...

Welcome to 29 Seconds of Farcaster, a quick recap of what you missed on Farcaster over the weekend, delivered to your inbox, every Monday. Brought to you in collaboration between @bradq and the GM Farcaster Network. What did you miss this weekend?29 Seconds of Farcaster ... what did you miss this weekend? @afrochicks gave us a killer cast reminding us that "bringing the world onchain means bringing the world onchain" & how westerners need to understand & empathize with others (esp. Africa) pe...

I’ve never smoked weed before. Grateful my girl doesn’t wear Crocs Is that story about Crocs and the movie Idiocracy true? Instagram sharing reels I liked in a feed has really changed my experience on the app. Maybe hiding likes WAS the right move?

The importance of thinking like a builder in the age of AI, and how to turn your hobbies into opportunities to unlock your own design thinking frame of reference

I am of the strong opinion that, as a general rule, development charges should aim to capture the costs and impacts directly attributable to new development. This is why I prefer the term "impact fee" as opposed to "development charge." The latter makes it seem like a generic catch-all tax. But that's not the intent. The intent is that "growth pays for growth." At the highest level, this makes sense and sounds good. So with all the talk of lowering/eliminating DCs to help with housing afforda...