Narrative fat-protocol theory: heavy on the world building, light on the story 🤔
Conversation
Hey what happened to your fat protocol theory? Any updates in light of recent DeFi/NFT developments?
Replying to
Hmm this declares argues that if Fat Protocols dies so does ethereum.
3
4
Is this the economic abstraction argument in disguise? 🤔🦋
Quote Tweet
Replying to @vgr and @albertwenger
The London Hard Fork / EIP-1559 in particular may have changed things. ETH burned with all transactions, and all ERC-20 tokens use ETH as gas for their transactions (as opposed to abstracting it away so smart contracts pay in their protocol's token) thenextweb.com/news/ethereum-.
1
1
In case you’re wondering why I’m connecting to narrative, Web3 seems native to world-building-first storytelling. Basically invent a bunch of action figures and fast food promo toys first, do the story later. Like He Man, or gaming based movies, but decentralized.
Quote Tweet
Replying to @vgr
Been thinking of NFT + writing a bunch this year! Lots to experiment! Fiction is lower hanging fruit. Non-fiction is more experimental.
blog.simondlr.com/posts/explorin
blog.simondlr.com/posts/top-down
3
1
14
The London Hard Fork / EIP-1559 in particular may have changed things. ETH burned with all transactions, and all ERC-20 tokens use ETH as gas for their transactions (as opposed to abstracting it away so smart contracts pay in their protocol's token) thenextweb.com/news/ethereum-.
1
1
2


