Pooja Nagpal
@PoojaIsNagpal
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research engineer @dcgco if ur building onchain agents or within the bittensor ecosystem- dm mee
New York, USA
Joined December 2019
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to me, the web3 social use case was the never an onchain twitter copy n paste (though there are a ton of incredible apps being built on top of social protocols today)
I think the first breakout social network will design the most sophisticated way to sell your data. I’d love to
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despite many trying, imo no one's close to beating partiful and uniswap.
though obvi different users, they're uniquely thoughtful w product vision, intimate understanding of consumer sentiment, highly creative and fast
oh and both are almost half, or majority women
Uniswap is ~40% women and it shows in our products, culture, prioritization. I’ve been in companies that are predominantly male and I can definitively say, diversity matters. Happy international woman’s day 💕🦄
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love that ct proactively tried to predict the complexities of human and financial / internet behavior the last year, and when that never happened, is now being forced to write intellectual thought on memecoins
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someone pinch me
Milk’s Favorite Cookie, now in a Gluten Free version. Coming January 2021.
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It's 2024, and the internet obviously completely riddled with ad placements. The younger generation has grown up to be *extremely* sensitive and developed a keen eye for something resembling an ad, almost like a virus on their computer.
This has changed how gen z searches for
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on my flight today, i sat next to a serial web2 founder who, like many, who is building an AI tool to automate out the modern workforce --think legal work, accountants, customer service, etc, tbh found pretty incredible pmf / revenue within 5 months
we had a rather bleak
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The feminine urge to get my heart broken so I can write an album
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since everyone’s piling on adam d’angelo time to complain about quora digest. i literally lose brain cells from these emails
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scary interaction on the bart in SF- someone kept following/chasing my sister and it took another person to step in for him to go away (she was pretty shaken).
significance of bystanders is so underrated - pull in if u see something
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i'm convinced most of crypto has abandoned the creator thesis, but for those left, here are mistakes i hope we don't repeat
-financial independence for creators has always been a compelling narrative from investors who hope to prove crypto is built for more than
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casually releasing 30 songs after 150 shows / highest grossing tour of all time.. t swift might be the most productive person in the world
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im pretty sure success, in however metric you define it as, is really just a proxy for finding social belonging, which means the purpose of life is literally just friends / relationships
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Just landed in Miami
Already received an artist NFT on the plane
I love it here
#ArtBasel
#CreativeDistribution
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If you're working on, or investing in web3 & music
✨ first off, thank you.
Second, this is much more than monetization for independent artists.
A record is the songwriters, producers, engineers.
👉 If you're working on this, speak to more people in that room
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lowkeyy been telling friends for months now im predicting stripe will try to re enter processing crypto payments (w stablecoins) this year and they finally did today
aand wish we saw another crypto native project compete and take them down first on e-commerce tbh .003c network
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influencers changing their social media profiles to gen AI images is giving nft profile pics mid-2021
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remember when getting these giftcards as a kid meant we could listen 10 new songs on our itouches/shuffles for our birthday or christmas.
send me music nft giftcard this year pls
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iconic timeless bangers from JUST 2008 that are played constantly today
i'm hopeful this recession might also surface similar gems
-american boy estelle
-viva la vida coldplay
-disturbia rihanna
-paper planes M.I.A
-hot n cold kt perry
-cyclone t pain
-fire burning -sean k
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lmk why my most productive 3 hour window is when it starts to get dark- usually between 6-9pm how do i fix this
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@divine_economy
i actually prefer an email chain that takes like four attempted suggestions eventually narrowing down a coinciding time slot 6 days later
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last year, crypto vc's primarily funded infra projects who are now begging developers to build apps on top of them
pros:
- created sophisticated structures for ecosystem grants who have a direct incentive to fund apps
-consumer isn't as costly to build / maintain esp w l2s
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Is commercial music licensing nonexistent in the US?
I walked into 11 very corporate stores (chain restaurants, luxury retail etc.) and asked about the music playing.
Nearly every single one streamed Spotify -which is illegal.
Seems trivial, but this is a big deal. 👇
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the fred again phenomenon is being unranked on spotify, so not even top 200 streamed, but consistently the top listened artist i've seen on my social media feed
his fanbase is not even close to the top 50 artists but they're streaming his songs 100x than the normal listener
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why spotify doesn't have a message inbox still baffles me
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the most consistent thing ive seen in sf is if you're a founder, you rarely drink and are in bed by 11pm, even on the weekends. in fact, if u run into a founder at a party on a friday, they'll immediately start explaining that that night is unique bc its a friends bday or
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My grandpa recently passed away from pulmonary fibrosis. Medicare refused to provide oxygen after 3 years due to 3-5 years being the average lifespan (average being many outlive that and need oxygen tanks).
System's broken.
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did he submit after 11:59
The Weeknd received zero nominations for the 2021
#GRAMMYs
. His "Blinding Lights" is the biggest chart hit of the year.
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one exciting financial consequence of AI is the aftermath of drastically lowering the cost of creation for absolutely anything.
i suspect this will force new types of
@partyround
style funding tools to replace film studios, publishing houses, labels, gaming studios etc
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inflation sucks but have u ever accidentally listed ur bored ape for $300 instead of 300k
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it's always a worthwhile trip to venture to the other side to confirm that the grass isn't in fact greener
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linkedin has failed to understand what a notification means
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lfg
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Companies suddenly adding generative ai to their current product is like mid 2021 when ppl were integrating tokens for the most nonsensical applications
Technology driven by media rather than products we need makes me realize no one knows whats happening and everything is fomo
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“you should retweet this” - my dad an aspiring twitter thought leader
Four blocks from beach: listed on 5/20 at $7.5m. After 16 days, price cut to $4.5m. Wow. Monopoly money- $3 m poof. If seller could ask "anything" in sellers mkt, should'nt buyer offer anything in a rapidly developing buyer's market?
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convinced crypto’s eras tour is the read write own press tour
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most people only believe in you when the crowd has formed
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Strongly believe there needs to be more infrastructure and tooling for artists that isn't just another nft marketplace
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opening up a random tiktok’s comment section and seeing ur friends comment is the serendipitous equivalent of the feeling of running into someone at a random coffee shop in another city
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I feel like everyone in LA talked about the rain at standup this morning
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We're no strangers to technological change reducing low wage jobs, and in the past the US responded by investing in education (1800s)
But since, cost of education has skyrocketed; lowering this access? feels concerning
(ex: Invisalign = dental lab technicians lost their jobs)
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There's a silent familiarity amongst children of immigrants / multi-lingual households, parents raising kids in a different culture/accent
Have always felt like there's this this incredible, unfilled opportunity in music to be an icon for the first gen immigrant experience.
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I do think the next cycle will be innovating around parasocial relationships and experiences on chain, because simply buying an asset for a future return, or even easier web3 onboarding isn't going to bring people into buying a music NFT, but what the relationships it fosters
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i like what twitter did with bucketing scammy messages to pending requests
can you also do that with notifications i simply cannot w crypto scams tagging me everyday
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How Taylor Swift built a parasocial relationship with her fans is truly evil genius.
A projected $1B in revenue tour during an economic downturn is phenomenon worth taking a second glance at, and reminds me a lot of where music web3 can go-> 🧵
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wrote a piece on the thesis we're building over at
@joinstudiox
~ first post up read below!! 💖
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When building a great product, there's no such thing as "missing the opportunity", just that hyper inflated valuation.
Again, if it's a great product...keep going.
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There's an untapped frontier with upfront capital and tokenizing the process. Great piece here.
Needs to be more tooling for this thesis; excited to be building on this front, particularly revisioning creator crowdfunding :)
More to come on our launch this fall!
Just as web3 networks can leverage tokens to bootstrap growth and overcome the cold start problem, the new playbook for web3 creators is to leverage tokens to bootstrap audiences & capital to kickstart the creative flywheel.
New blog post:
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there's an untapped opportunity with charting!!!
met so many doctor who say they spend 30% of their time noting patient visits (required for hospital billing).
there's a growing healthcare cost crisis, scarcity of clinical physician - i feel like this part is fixable?
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An essay about Young Thug's "EIR" (entrepreneurship in residence) program for Lil Baby - great read.
"Lil Baby built a hyper-local fanbase of early adopters"
Also why access to distribution capital and betting on an artist early will continue to work.
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the last few months of 2022 rly feels like the 2020 chaos and 2021 was merely a blip of bliss
if you're in crypto, work in tech (meta 11k layoffs insane??), and democrat - take a mental health day fr
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the feeling of scrolling on facebook in 2022 gives me: like everyone's left the party and you're left cleaning up with some randos
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things that seems hard end up easier i expected..
but whats seemingly easy ends up way harder
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in the mood for a gut wrenchingly sad, but beautiful ballad - any recs
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buying taylor's secret digital performance (sale for 48 hours left) pretty positive the next one- 1989 or speak now will be an nft
if anyone can make the industry shift it's her
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there was something so personal about the tumblr era that doesnt really exist w social media right now and i have a feeling it might be coming back
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Gas's reviews are killing me lmaoo
I feel like
@nikitabier
nailed our intrinsic need for validation and made it into an app
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come through!!
Earlier this summer, we hand-picked 24 projects from 400+ applicants for our inaugural Variant Founder Fellowship. Fellows have spent 12 weeks learning from industry experts and from each other.
On Sept 6 & 7, they’ll showcase their projects at our first ever *VFF Demo Day*
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everyone who removed their nft pfps after 2021
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when crypto crashes, it's called a scam and stupidly speculative
when publicly traded stock crashes bc there's absolutely no profit, the value of it before was also ...purely speculation?
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music is the closest thing to magic in our current reality
love is a close second
i stand by this
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“I’ll have you know a lot of software engineers journal in vim” - overheard in SF
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Songwriters and producers make a majority of their monetization via publishing. With Spotifys low streaming payouts making this worse, commercial copyright (as well as syncs, radio, digital) is an important revenue stream.
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@jonslimak
we all penny wise pound foolish on time tbh
i always do this - the things i do to save a millisecond vs the amount of time wasted on social media (twitter/insta/tiktok)
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"this might be the worst birthday ive ever had and its not even my birthday"
-bachelor in paradise lines are truly something special
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you're still stalking his most recent insta followers?
she hacked into eightsleeps's database and checked if her ex is losing sleep over her
think bigger
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true but crowdfunding without speculation is sustainably challenging and alternatively building rewards systems falls in a regulatory grey area ..but otherwise agreed
crowdfunding has always been one of the biggest unlocks of crypto
today we crowdfund meme coins
One day we’ll crowdfund groundbreaking scientific, technological, or artistic endeavors
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go bestie
So excited about
@anjahealth
's $4.5m round led by
@sevensevensix
with participation from
@balajis
@ycombinator
@ZReitano
@ChrisOvitz
@electricant
@cleoabram
@_AlexGold
@CristaGalliVC
!
If you’re currently pregnant, here’s why
@anjahealth
is so important🧵
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Just because corporations can easily get away with this, doesn’t mean they should
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Nothing hits more than playing the most recently added 4-5 songs in your Liked Songs on Spotify
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predicting a maximalist production trend the next two years like straight complicated and intense
like more hyperpop or 2008 style hyper autotune or crazy sampling (missy elliot)
i feel like minimalism in music was like a bull market thing tbh but idk
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@joinstudiox
check us out!! Thanks to variant for hosting an great demo day :)
Studio X is building an artist-focused crowdfunding platform entirely onchain that leverages NFTs to help artists get upfront capital from fans and collectors.
@joinstudiox
@PoojaIsNagpal
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token gated content is still a much better experience than paywall
like i will gladly microtransact whenever to access content ,than pay a subscription not sure why it might be a mental block or an aversion towards login info/entering credit card info to the nyt (i.e)
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speaking as a fraternal twin, so true bestie
when twins arent identical i’m like ok then what was the point of all that
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plss need more berkeley alum in LA
(everyone just hopped on over to SF)
are any berk alum/founders based in LA? making a group chat for meetups!
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All for the FDA juul ban, but can someone explain to me why cigarettes aren't also banned.
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