Financial incentive is one of the most powerful calists for network effect, in my opinion. With axiomfinity, maybe the first incentive was like, cool game, free to play. Then the next incentive was all you can make a load of money doing this. So that's like, that's worth going through eight steps of siging up, ye get there. And then as a person who owns ten thi s can n expand this out to five more people. That exists in riswild as like in new york or whatever. Like most alottose people don't own their own cars. They j run mealdiin rate. Yes, exactly. And they're just
Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology and memes.
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Timestamps:
- 0:00:00 – Intro, Web 3 Inflection Points + Stripe
- 0:10:49 – Inflection Points + DAOs
- 0:23:15 – Bear Market Debate, Market Cycles + Saylor Support
- 0:34:21 – Inevitability of a Network + Future of Money
- 0:44:48 – Axie Infinity + Play-To-Earn Model
- 0:50:13 – How Play-To-Earn Works + Axie Scholarships
- 0:58:11 – Network Effect + Incentives
- 1:03:40 – Social Tokens for Creators + Communities
- 1:14:32 – When Tokens Make Sense + Creator ETF
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