Hey fren 👋 Welcome to the 27th edition of the SHINY digest, a weekly newsletter where we share updates on the Shiny DAO, highlights and meaningful discussions from the Shiny discord and recaps from the live-events.
@KeyR1 8093 made a poll asking shiny members what is more likely to take your attention in the current market (utility passes, pfps or land plots) and the vast majority voted for utility passes. @Practical Principles adds "I think right now is a market for builders that make concrete, falsifiable predictions about what they'll deliver. Not the market for any sort of "buy into the pump and sell before the dump." @Danidr says that he would simply look for great teams regardless of what project they're working on. You can follow the whole conversation here.
Chris Dixon, investor at a16z announced that they're leading the seed round for Tally Labs, the creators behind Jenkins The Valet, a new IP that was derived from a bored ape NFT. Although some members don't think this is a good thing or will go anywhere, @Practical Principles reminds us why projects like these are so important for the space. Find the discussion here.
I believe for the decentralized IP thesis to be relevant, projects need to start world building. That makes it easier for people to start telling their own stories and makes the pieces of content interoperable because everybody operates based on the same assumptions and backstories vs. everybody making up their own.