For a sustainable economy of nonfungibles (like lands or names):
- Quadratic Tax: nonlinear contributions by 3-dimensional distance.
- Radical Rent: liquid ownership with a shared pool for development.
- Fair Price: demand-based recurring fees.
- Soulbound Identity: nontransferrable but revocable.
Follow the Principles of:
- TIME vs entropy: Force engagement via seasonal changes or elections; drive volume via capped the spending period of budgets.
- SPACE vs cold start: Bootstrap ecosystem via hyperlocal development; break through saturation via hierarchical economics.
- SOCIAL vs centralization: intensify people’s preferences in collective decisions; reduce tyranny-of-the-majority and factional control problems.
Play with experiments:
Quadratic & 3-Dimensional Tax
Apply exponential decays (hence quadratic) and hierarchical structures (hence 3-dimensional) on the tax amounts by lexicographical distance: paying the square root √n of the price n in 3 dimenions: its preceding and following ; its prefix name ; and, its supfix . For example, if the price of “foo.bar.1” is n = 16, then paying √n = 4 to its preceding “fop.bar.1”, following “for.bar.1”, prefix “fo.bar.1”, and supfix “bar.1” (as in alphabets …, r, o, p, …).
Use emoji ordering; for example, 😅🤣😂 with 😃 as prefix.
For locations, use encodings such as Quad Prefix Tree or Plus Codes. For example, San Francisco is QH84+9V (or, simply, qh849v), its Mission District is QH7H+5M, and its Atlas Cafe is QH5Q+HC.
- Custom domains: Shopify, Netlify, Github, Substack, Notion, Square Space, Webflow, Auth0, Firebase, Heroku, Medium, Stripe, Vercel, Bitly, Typeform, Cloudflare, Salesforce, Wordpress, Survey Monkey
- Only fans, Writing NFT, Merchandise, Escrow.
- Emoji reactions: 1 token for☝️ (one above), 10 tokens for🥇 (first prize), 100 tokens for 💯 (100 percent). Each emoji icon and its counter – similar to Discord’s post reactions but with payment like Only Fan’s tipping – are displayed under its embedded tweet. User clicks the emoji icon to pay the token amounts (1, 10, 100) to increase its counter.
- Contact info: 200 tokens for 💬 (Telegram handle), 400 for 💌 (email address), 800 tokens for ☎️ (phone number). Later: encrypted on chain (versus currently stored plain text inside the smart contract), 1600 tokens for 💰 (portfolio wallet). Owner optionally clicks the emoji icon to enter their contact info. User clicks the emoji icon to pay the token amounts (200, 400, 800) to reveal the contact info.
- Bookmarks: vanity urls, pinned tweets, video playlists, place maps, top rewards, curated events, shared photos, fav movies, audio memes, starred guides.
- Social: pixel wars, follow counts, follow graphs, community badges, interest matches, salary disclosures, skill endorsements, vetted reviews, job ratings, referral marketing, group buys.
- Profiles: Linktr.ee (15M users), Y.at, about.me, resumes, zk-ID.
- Web3 (blockchain, crypto, decentralized) targets: Tinder, LinkedIn, Yelp (TripAdvisor, FourSquare), GoDaddy, Pinterest.
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... our Buy-rated stocks in GOOGL, META and PINS as best positioned within the space.
Alphabet, Pinterest and Snap highlighted the retail category as a particular area of strength in Q3’22 & as part of their Q4’22 outlook.
This dynamic should benefit Amazon (AMZN), Google Search (GOOGL) and increasingly Pinterest (PINS) as these platforms have relatively higher exposure to lower-funnel, shopping-oriented ad spend.
By platform, Facebook and Instagram are estimated to have the largest US social buyer bases, while TikTok is expected to see the fastest growth (~24% ‘21-’26 CAGR) and Pinterest continues to see steady adoption gains.
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How much is 'link in bio' real estate worth? Linktree's new valuation says $1.3 billion
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Customize your avatar with a never-ending variety of clothing options, accessories, gear, and more!
Plural Funding (also known as Quadratic Funding or QF) is a more democratic and scalable form of matching funding for public goods, i.e. any projects valuable to large groups of people and accessible to the general public. "Matching funding" is a model of funding public goods where a fund from governments or philanthropic institutions matches individual contributions to a project.
Plural Property (also known as partial common ownership, COST, or SALSA) is a new way of managing assets that is fairer and more efficient than those under capitalism or communism. In Plural Property systems, assets belong to no one and everyone. An asset's current possessor must self-assess and declare its value.
Introduction to The Space | The Space
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The Cold Start Problem by Andrew Chen
🇺🇸 Buy the book Amazon· Bookshop (support local bookstores!)· Table of contents Featuring interviews from the founders/teams behind Slack, Clubhouse, Zoom, Twitch, Tinder, Reddit, Uber, Airbnb, PayPal, and more. Network Effects - 1. What's a network effect, anyway? - 2. A brief history - 3. Cold Start Theory - 4.