A sceptic’s guide to crypto: bonus interview with a16z’s Chris Dixon
FT Tech Tonic
00:00
Is There a Take Rate in Business?
In a web three world, instagro would keep more money from the content that they produce. A concept called take rate in business is the percentage of ofof the revenue that the centralized company takes and so on. On the web, it's zero%. If you go through b and you go to google, the web is not taking any of that money,. The web is an open protocol. And ill just giv yo an example of recentaa start up that we we announce funding for is called farcaster which is, essentially, its a service similar to twitter - except instead of being controlled by a company, centralized company, twitter corp., it's, its an open protocol u.
Transcript
Play full episode
