bpetes.eth | DAODad
@BryanPetes
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Cofounder @TeamSobol & decentrlzdOrg nerd currentDAOs: @hatsprotocol, @DIMO_Network prevDAOs: @banklessDAO, @CityDAO, @DAOPunksNFT, @PolygonDAO, @ReputableDAO
I am here
Joined February 2015
I identify as a cypherpunk boomer gud take by @divine_economy on recognizing ETH's UVP lies in its appeal to this particular style of boomer and not to compete on memes (and other things we're not built for)
the hardest marketing problem ethereum has right now is that it knows it’s considered a boomer chain and has two very hard choices: — embrace the boomers — alienate the boomers we’re seeing some moves towards the latter, and imo, it’s a fucking disaster for three reasons: 1. alienating your core audience is never a good strategy 2. trying to out-degen other chains is not going to happen. they’ve won there. ethereum risks leaving a market it owns for one where it can’t compete brand-wise 3. but most importantly, the boomers are cypherpunks. being a cypherpunk is not particularly cool right now, but it’s the strongest set of internet values that exist: it’s why you see me and @ameensol fighting for the same ideology despite being politically quite opposite. and longterm, chains succeed by social consensus based on their values. as @lex_node says, nobody has can compete here or can even try. and when you realize that, you realize the real question marketing-wise is whether ethereum wants to think short-term, as every new chain has to, or long-term, as only it can afford to do. it’s hard to see figures deciding short-term is the answer.
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@GametheChange so keep things squishy? I'd agree we do need some squishy slack in a complex system but are things at the right set point currently?
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@mechanikalk @hosseeb thx for reply/clarification …and I come to this conversation as a founder with massive empathy for the challenges of early stage capital formation. ❤️
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@mechanikalk @hosseeb I was looking at this from docs and year 10 looks awesome but I was worried about yr1 step as per OPs discussion
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@mechanikalk @hosseeb I hope you can find a way to do this. I love what I’m reading about your project BUT am not inspired by the standard VC tokenomics I saw reading the docs and had this exact concern. Hopeful to see you in the comments here.
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capital formation matters (where it comes from also matters — wrong source and it’s a different path to same outcome)
the problem with tokens as salary (not incentive package) is the continuous need to sell & when price goes down but rent stays the same, one must sell more this price action may just be crypto builders death spiralling to pay for fixed living costs, not retail asset managers
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@evabeylin need to accumulate some amount of existing value to sustainably build for the amount of time needed to create new value. Everything else is ponzi (no matter how hard the founders and community work to delude themselves that they won’t sell for living expenses)
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wen tool to subdomain this?
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@jgreenhall @QuaiNetwork @MatanField @MattPirkowski prev connection to @gridplus is good sign. need to dig in this looks interesting.
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Built an open source, extensible, and composable onchain agreements protocol that is augmented with offchain signed and verifiable data. I think it meets the needs you’ve described so well in your cybernetic law article. Interested in a demo of a working end to end to explore possible collaborations?
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gathering a hunting party who wants to hunt stag this year?
begging people to realize that most real life scenarios are stag hunts and not prisoners dilemmas
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Some personal news I am still building on Ethereum
Some personal news I am still building on Ethereum
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I’m in this picture and I don’t like it
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