It’s impossible to not see this law in effect at all times around us IRL, but as I began to think about how trends in Web3 emerge and evolve, I naturally wondered how this timeless law plays a crucial role in the overall state of any market.

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Given what’s transpired this week, it’s safe to say anyone and everyone in this space is shook, from the apes of retail to the most stringent of fund managers.

Eco rotation szn? Over.

If you’re reading this, you’ve seen that there’s been a rather large debate clogging the CT wave regarding royalties vs. no royalties. It’s best to understand both sides of the fence and ultimately find a common ground. This piece will have no visuals, it will be word intensive and ultimately, I challenge you to see both sides and even tell me where I’m wrong. I don’t think there is a right answer.

You & I may or may not despise JPEG’s, but regardless of the camp you’re in, there is always one common ground that collectors & haters alike can meet at: Your NFT bags are most definitely illiquid as fuck.

“This time it’s different.”

Whether you agree or not, bribes are what they are: incentives. These incentives are proving to be not only profitable for the voters on the receiving end, but profitable for the bribers themselves.. at least this is true in DeFi. However, I am a self-proclaimed semi-smooth brain so I encourage you to see for yourself here.

In Web3, the largest plays of the last 2 years have been in the DeFi & Metaverse niches. 2022 will see both these worlds come together in ways we only dreamed of as we navigate the Dark Forest of Ethereum, & beyond… However, In DeFi, we’ve become accustomed to the typical TradFi investing style of investing in what has the most eye-popping P.S/P.E ratio - paying out protocol profits to token holders, typically with no lockup, misaligning incentives between builders & holders. This is a fairly simple idea - The protocol that garners the most usage, making the most profit, distributing %’s of profit to its holders, should win. Right?