Releasing a piece about the future of value on the Internet called "Internet Native Value"

It discusses the shift in what society finds as "valuable" over time, how the internet has changed what people perceive as valuable, and how we can create a user-owned internet.

Building /doppler | Advising /variant | prev /uniswap

This leads to an incredible amount of "dead capital" where valuable internet assets are desynced from the overall economy and its users - due to a lack of global asset pricing.

Internet payments have supplanted offline forms of payments in almost every single vertical. Internet native value will have a similar impact to many valuable assets off the internet

https://x.com/austinadams10/status/1896565413334724827?s=46&t=bYV9ZQ2E3vsqAmg9iSgBDA

This leads to an incredible amount of "dead capital" where valuable internet assets are desynced from the overall economy and its users - due to a lack of global asset pricing.

https://x.com/lay2000lbs/status/1883271055575560653?s=46&t=bYV9ZQ2E3vsqAmg9iSgBDA

The internet is creating valuable assets far faster than humans can price them, leading to a disconnect where pricing power and monetization becomes the most valuable moat for companies.