At1961 - Untitled

a16z crypto Founder and Managing Partner Chris Dixon breaks down his vision for a new internet, from using crypto to decentralize AI infrastructure and kickstart network effects, to why AI will be this era’s native form of media just as film was in the 1930s. He also explores why the internet’s original covenant—where content creators traded free access for search traffic—is breaking today, and how a better internet could introduce entirely new business models for creators.

Right now, we have a choice to make: will the next era of the internet be shaped by a handful of centralized players, or transformed into an open ecosystem where power and control flow to creators across the globe? #

A little Sunday morning encouragement

WIRED

Facebook's Cryptocurrency Might Work Like Loyalty Points

A report says Facebook is seeking investors for its planned cryptocurrency, and merchants who might accept the virtual coin.

Everyone knows a Facebook digital currency is on the horizon. What form (coin)token) and function (utility?) is the question. The company is reportedly seeking dozens of business partners, including online merchants and financial firms, in an effort to extend the reach of its blockchain-based marketplace.

#technology #blockchain #digitalcurrency #facebook #innovation #ecommercetrends