Mike | Abundance 🌟 pfp
Mike | Abundance 🌟

@abundance

imagine if you and I had a polymarket bet on whether I would do something tomorrow what do you think are the odds of me winning that bet? this is what asymmetry of information looks like now imagine I give people "shares" in this market - some get the 'yes' shares and some 'no' shares these shares are "free" so you're not losing anything either way, but you might win something. do these shares align our interests? No. I just bought attention for my sure bet in exchange for a few crumbs. these are the kinds of "markets" we're creating today in our quest to replace web2's attention-based "Creator Economy" with a web3 speculative version of a "Creator Economy" (which is also attention based, but maybe has fewer ads) we can keep "innovating" in that direction, but none of these "experiments" are likely to benefit actual creators it would benefit creators who are good at speculating... and non-creators who are good at speculating come to think of it, the "creator" part of it is completely superfluous it's speculation coupled with virtue signaling so no, that's not how we put creators first, and it's hardly an improvement over the centralized platforms that extract value from creators just because we have speculative instruments doesn't mean that the solution to every problem is "more speculation!" it's time to put creators first, and design systems from first principles to benefit creators gn
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