Coins unlock a free and valuable internet—one where information can be freely accessed and shared while the value of that information finds its way into all of the hands that help create, distribute, and consume it.
This is a new paradigm where information and value converge to create information markets. These markets give us a crucial new tool to help us organize and sort through an increasingly infinite sea of content in an adversarial environment. This will not only create more aligned incentives for content production and distribution, but at the highest level helps us discover the most important and valuable things on the internet. At their best, free markets are truth machines, and now we get to apply them to the internet itself. It's not just the price and marketcap, but being able to see who is doing what and with how much. These are valuable signals to help us make sense of what to pay attention to.
There's a lot to figure out, but in an internet dominated by closed algorithms that are working against us and our attention—we now have a new algorithm called the market we can start to utilize. Like how social media unlocked an entire new universe of opportunities, I have no doubt that this will unlock the same—with the added superpowers that crypto affords in permissionless and open protocols. I have no doubt what starts as a new way to create and share content on the internet will lead to new types of communities and organizations that can do things together at scales not possible before.
After five years of building, we have a working spark. But most of the work remains ahead. At Zora, that's our mission: to build the free and valuable internet.
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This is a new paradigm where information and value converge to create information markets. These markets give us a crucial new tool to help us organize and sort through an increasingly infinite sea of content in an adversarial environment. This will not only create more aligned incentives for content production and distribution, but at the highest level helps us discover the most important and valuable things on the internet. At their best, free markets are truth machines, and now we get to apply them to the internet itself. It's not just the price and marketcap, but being able to see who is doing what and with how much. These are valuable signals to help us make sense of what to pay attention to.
There's a lot to figure out, but in an internet dominated by closed algorithms that are working against us and our attention—we now have a new algorithm called the market we can start to utilize. Like how social media unlocked an entire new universe of opportunities, I have no doubt that this will unlock the same—with the added superpowers that crypto affords in permissionless and open protocols. I have no doubt what starts as a new way to create and share content on the internet will lead to new types of communities and organizations that can do things together at scales not possible before.
After five years of building, we have a working spark. But most of the work remains ahead. At Zora, that's our mission: to build the free and valuable internet.