jacob
@js_horne
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New essay: Hyperstructures
The nature of crypto protocols opens up expansive new models to create free, invaluable and unstoppable public infrastructure.
I define Hyperstructures, and why they will form the basis of the internet for decades to come.
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We should be generating websites from NFT contracts.
All of the functionality is at the contract level—so generate the UI from it.
The UI can be generated based on the functions available, themes and info built into it as well.
Set up an ENS domain and now we’re at web3.
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Chad looked at the painting on the wall. Stunned by its beauty, he turned to the artist and asked:
“wen utility?”
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Coinbase is like three features away from being able to bank every crypto startup and employee in the U.S.
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The gas cost of a Zora mint:
Before: $0.61
After: $0.0009
New era unlocked.
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The internet was the birth of the collective mind.
The blockchain was the moment the collective mind gained a memory.
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It's been 4 years since I left Coinbase to start Zora.
Journey charted on dunning-kruger curve:
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every company will be a crypto company in the same way every company is an internet company
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Imagine a financial system that had:
1. Realtime proof of reserves
2. Unbreakable terms
3. 24/7 operation
4. 99.999% uptime
5. Open APIs
6. Low transaction costs
7. Public governance
8. Global + internet native
I bet regulators and legislators would support a system like that.
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imagining an alternate universe where the Airbnb founders obama o’s cereal boxes were an NFT drop that generated $70M and then Airbnb didn’t happen lol
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The newly updated Coinbase Wallet is awesome—best product release in recent memory.
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1 song minted.
Sold for 8.1 ETH ($31,291).
Equivalent to 730,000 streams.
Free to listen for everyone, no ads or signup.
The future of music is already here, most people just don't know it yet.
→ (
@catalogworks
)
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Crypto companies need to make sure they don’t inadvertently FAANG-pill themselves via hiring
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we had >70,000 people rush the site in 3 minutes which crashed the site
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Prediction: over the next 5 years the majority of people will get their first crypto from earning it not buying it
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You can now imagine with AI on Zora.
This includes built in splits for:
1. The AI model itself
2. The host of the model
If you’re interested in creating your own models or integrating yours into Zora, let me know!
More to come :~)
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A simple way to think about web3:
No one company or person should have unilateral control over our social and financial infrastructure on the internet.
Crypto provides a viable technical path to actually achieve that in practice.
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Zora is now multichain.
We've spent a lot of energy designing and engineering an experience such that minting feels exactly the same across all Ethereum, Zora & Optimism.
NFTs across all networks look the same, with no different subdomains required.
It feels magic.
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It's crazy to think that the functionality of the entire financial system can be created with just a few lines of code:
— Lending:
@DharmaProtocol
— Indexes:
@SetProtocol
— Exchange:
@0xProject
— Money Markets:
@CeloHQ
— Derivatives:
@dydxprotocol
— Issuance:
@TokenSoftInc
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We've spent over 3 years onboarding new people to Ethereum.
Lot's of DMs, onboarding calls and hand holding to get the set up. The single largest barrier to entry has been getting them ETH in the first place.
Now anyone can just start creating on Zora, no ETH required.
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incredibly underrated that this level of content is finding its way to ethereum
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everyone will eventually be a crypto person like how everyone is now an internet person or computer person
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"Onchain" is a word that’s used widely at Zora. We’ve been using this word for so long and so often that we sometimes forget it’s a new word.
There isn't really a great definition out there for onchain. So I'm going to define it here:
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DAOs take us from Venture Capital to Venture Contributions
Earn ownership from contributing work & technology instead of purely capital
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Apple is one of the largest pseudo-regulators and inhibitors of web3 adoption via their IAP (in app purchase) system.
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what if we use "⌐◨-◨" as the cc0 symbol like we use "©" for copyright
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Friday happy hour
@Coinbase
, feat. the financial primitives of the future:
-
@SetProtocol
-
@DharmaProtocol
-
@dydxderivatives
-
@0xProject
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ZORA API:
Making it easy for developers to create their own NFT marketplaces, apps and platforms.
A lot of incredible work by the
@ZORAEngineering
team went into this, so excited to see it out!
Build on Zora:
↳
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onchain has flipped offchain for me:
+++ zora: 65k followers
+++ farcaster: 49.3k followers
??? twitter: 35.9k followers
new era unlocked
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Group wallets will be an area of product innovation over the next 6-12 months.
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we're running an experiment with flashbots and conduit
it's called
this is going to make a lot more sense in the future
but it's a lot of fun today
9.99 ETH for the winner
enjoy!
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Play count doesn’t matter.
We don’t care or track how many views the Mona Lisa has.
This will become increasingly true for music too.
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We're looking for a Head of Stablecoin at
@coinbase
$USDC is an internet dollar that enables global and powerful financial products on the most used currency in the world
FWIW I'll personally be onboarding this person into the role at Coinbase
DM me!
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Crypto started financial and is becoming cultural
NFTs started cultural and are becoming financial
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⌐◨-◨
@SalvinoArmati
delivered a pair of prototype Nouns glasses over the weekend.
The prototype is incredible, full scale run is going to be amazing.
Salvino didn’t take off the mask, and security outside of the building were freaking out.
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Introducing ZDK: Zora Development Kit
Zora has the most fully featured and complete toolset in the community:
↳ Hooks
↳ API
↳ ZDK
↳ Protocol
ZDK is a powerful dev tool for builders to easily create their own NFT platforms, apps and artworks.
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I think redeemable NFTs for physical goods can work and are a good thing
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NFTs solve music's forever problem of freedom and value capture on the internet.
NFTs mean music can:
+ Be free for everyone to listen and share
+ Have extreme and direct value capture for artists
There no longer needs to be tension between free listening and value accrual.
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It’s under appreciated how many of the best web3 projects started as a crowdfund on Mirror.
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Auto Reserve is a powerful new royalty soluton we’ve designed for creators.
When activated, it will automatically mint new editions to the creator as collectors mint. For example, every 10 editions minted 1 will go back to the creator.
No gas, organic and fully automated :)
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1 Zora mint
= 250 Spotify streams
= 5 YouTube views
= 20,000 Tiktok views
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Nouns as a movie studio seems like one of the more obvious and exciting directions for the DAO and the model at large.
This animation was funded by the DAO being released as NFTs by Nouns directly via proposal.
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We emailed a survey to top Zora creators and collectors.
As a thank you, we gifted this artwork to everyone that completed it.
Over 7000 responses!
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Nouns just made 6 days of auctions with an edition release of a video it commissioned.
The original creators were paid upfront and received a split on sales. All onchain.
We might be looking at the blueprint for crypto native movie studios, production houses and record labels.
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zora supports:
+ images
+ videos
+ notes
+ audio
+ html
+ svgs
+ 3d
create for free.
earn eth.
no wallet required.
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