things are going to get much simpler:
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treasury culture will inevitably shift towards financing (subsidising) coretime experiments.
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proposals will have fungible (cashflow) and non-fungible components (coretime periods).
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economic game is simple, take a commodity resource (blockspace) and refine it into something more valuable.
This will move the ecosystem towards objective measures of impact and away from highly individualistic zero-sum status games.
It will demand the stitching together of truly anti-disciplinary teams, not more silo-d ‘domain’ based thinking.
It will offer huge upside to those with the capability and vision to deliver.
Will need entirely differentiated narratives that depart from established industry conventions - eg are framed through the lens of media theory.
Broadcast → Cable → Satellite → IPTV -->…
Big picture: Coinmarketcap (aka the crypto leaderboard) is made irrelevant in a coretime world.
This is the difference between disruptive and sustaining innovation.
Long way to go, but that’s the opportunity.
Next cycle is not coming to save your bags.