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Zora and Cryptocurrency - What Is the Net New Thing?
I think the argument there, which I think is really strong, is that this is sort of like the hard application of tech. What is the net new thing that can be created here? And that has more of an exponential growth potential than maybe an iterative approach that is more constrained with certain things. It becomes even more clear in some of these NFT projects that have again had large run-ups and there's a ton of perceived value for those who own them. But it doesn't come into the equation as we're valuing or seeing the potentials here. The simple answer is: This is the value system for hyper structures.