In traditional social networks, our feed is created from scratch based on who we follow, who we interact with, and what we post. Eugene Wei’s famous status-as-a-service essay was the holy grail of social media, describing how participants behave in new platforms. Status was the scarce asset, and participants did work to earn the scarce asset and accrue social capital.| jammsession.mirror.xyz
There’s been a renewed interest in social tokens over the past few months because of the rise in NFTs. This post is both a reflection of social tokens over the past year and how the rise of NFTs can shape the future of social tokens.| jammsession.mirror.xyz