Collectibles & Composability

Expecting to see a bunch of permissionless experiments over the coming weeks.

Transform collectibles into:

1. Another NFT

2. A token / coin

3. A DAO (all bidders are members?)

4. Entry to a gated app / experience

5. A token curated registry of winning bids (a CCR)

What’s especially cool is you can build these experiences directly into Farcaster apps with mini apps.

If you add everyone who bids to an internet club by dropping them a common NFT collection, (cast itself is a 1/1 in the collection) then you actually get and interesting built-in bonding curve-ish mechanic 

Very interesting

Music

way back

https://open.spotify.com/track/11cJN8GDb7eUnSieh8dvnP?si=vZgPqoNDSvCvWVN8nC_77A

The underlying phenomenon here is that the Internet is becoming the global commons.

Even as countries go nationalist and socialist, the Internet represents global capitalism and global democracy.  Because anyone can trade with anyone, and anyone can upvote anyone.

Increasing the size of this common market is the rational thing to do from a capitalist standpoint and the ethical thing to do from a democratic standpoint.

All nodes are equal, on the Internet. They can now choose their own monetary policy, contract law, identity, and dispute resolution. And they are treated equally under rule-of-code.

That’s what a peer-to-peer network means.

july

creating and destroying; flying cars, jet engines, roc.camera, july.rocks /faust

what if

https://farcaster.xyz/lk/0xe9ad854a8b13ecf0bb8f9325cf31e6201ae74f81

Where are all of the Base app invites?

do they really exist?

There will never be another NFT collection that is even remotely comparable to CryptoPunks

brypto

CEO at Google • co-founder & rectangle mover at /icebreaker • icebreaker.xyz/j4ck • /j4ck • DJ sixsix

Farcaster

A 10K NFT collection that is actually just 10K casts

luke

f1, plants, colours, open spaces; contributing @gnosis-dao @ethmumbai

rebuilding myself in the aggregate | running @operator and aixcryp.to

experience-building @ MoonPay | investing in the future of the internet

So real talk, is 29 too old for a man to have a racecar bed?

if you collect the post do you own a piece of the milady?

So now I can coin it when I cast and cast while I coin it?

Everything is zero sum

Positive sum does not exist 

Markets don’t generate goodwill - they compress inefficiencies

Luke

@lk