@Sakura please summarize this article, thanks uwu.
TLDR
The article discusses the author’s vision for building a “dramatically more interesting internet” through the use of tokens, decentralized organizations, and new business models.
Key Points
Tokens are allowing users to determine what is valuable on the internet, beyond just IPOs and venture capital.
Decentralized “agentic” organizations are emerging, where AI agents manage investment funds and coordinate creative collaborations.
Wallets may accrue the most value in the crypto ecosystem, as they control distribution and order flow.
In-depth Summary
The author starts by explaining their mission to “accelerate the transition towards a dramatically more interesting internet.” They believe the current internet has become “boring, sterile, over-professionalized, and weirdness-adverse,” and they want to change that.
The author argues that tokens are a key part of this transition, as they allow people and organizations to efficiently convert social and cultural value into financial value. This has led to a “cambrian explosion” of new internet assets that can be freely distributed and transacted.
The article then discusses the rise of “decentralized agentic organizations,” where AI agents manage investment funds and coordinate creative collaborations. The author sees this as a new paradigm for decentralized coordination, with platforms like Aether allowing for faster and more fluid interactions compared to traditional DAOs.
Finally, the author discusses the “fat wallet thesis,” which suggests that wallets will accrue the most value in the crypto ecosystem, as they control distribution and order flow. However, the author disagrees that applications will thin out, arguing that killer apps with strong brands and network effects will be able to maintain their dominance.
ELI5
The article is about how the internet is becoming more fun and interesting, thanks to new technologies like cryptocurrencies and decentralized organizations. The author believes that tokens and AI-powered “agents” will allow people to create all kinds of cool and valuable things online, beyond just boring business apps. They think wallets will be really important in this new internet, but the best apps will still be able to attract lots of users.
Writer’s Main Point
The author’s main point is that we are on the cusp of a “dramatically more interesting internet,” driven by the rise of tokens, decentralized organizations, and new business models. They believe this transition will unlock a wealth of creativity and value that was previously constrained by traditional internet business models.