RT David Dao (@dwddao)Excited to share a small public good: a (still evolving) short history of mechanism design for public goods across academia and Web3. Explore the full timeline here: https://t.co/GJLc6KotIxAnd let this be the last time anyone says in web3 I don’t know what "incentive compatibility" is—or why it matters 😂 ...

RT Gwart (@GwartyGwart)This is why, paradoxically, I’m almost sympathetic to people who cannot wrap their minds around the “revenue meta.” Not because these people are correct that it’s just a “meta”, they are very wrong and always have been, but because the first 10 years of crypto managed to completely nerdsnipe and indoctrinate so many in this industry into just writing open source code and assuming you’d capture value for ~reasons~ and the worst part was that it was *mainly true* for those 10 years, in ...