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Mark Coatney's avatar

I'm a crypto skeptic, but I do think the 'ownership' part is perhaps the key component for love-based social networks. The little town I grew up in in some ways operated as a love-based social network; for instance, the town has a library because people saw a community need, raised money and built a library that improves the community. Nobody got famous for this, or made any money, and yet they feel a sense of ownership of this that is greater than if, say, Jeff Bezos had just built a library there. The challenge is, honestly, how do you create a crypto-based social network where people who don't know each other and are unlikely to ever even meet are motivated to help each other and build something that improves their shared space?

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Kei Watanabe's avatar

Good read. It's interesting to know Love vs. Fame framework and their characteristic, especially about monetization.

Also, good to know "proof-of-first" concept. "A new type of status game that crypto could offer, with lower barriers to entry, is “proof-of-first”: who first did something, discovered someone, or minted something first, based on on-chain activities."

Memo to myself: https://share.glasp.co/kei/?p=v2FTehv4Kpjuyj7L4tsS

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