Since its backed by A16z and has a bunch of .eth accounts tweeting about it, I would assume something related to NFTs.
If NFTs and crypto can make experiments like this sustainable, then I'm all for it.
If NFTs and crypto can make experiments like this sustainable, then I'm all for it.
If your ENS domain's use case is so obscure that most don't get it, then maybe you need to modify the use case.
The problem with monetizing anything with crypto in this environment means that people will only buy it for speculative purposes. Which means that instead of building anything sustainable, you just end up building trash and spending on marketing to keep the speculative hype train going.
It’s like running a publicly traded company, but with extremely fickle shareholders.
Gambling has been an extraordinarily popular human pastime since we came down from the trees.
Literally nothing about the human response to crypto is interesting or novel.
For example you might speculate on how likely it is that people will strike oil on a given patch of land by investing in that land and some drilling. If you're right and oil is discovered there is more wealth in the world as a result of this speculation.
Gambling is not like that. Gambling doesn't have any connection to productive activity, it's just people transferring money around with wealth going from some people to some other people. That's what crypto is.