What the Dude aims to accomplish + future Lebowski
Mission
The Dude’s mission:
Help you make better NFT decisions that provide joy over both the short and long-term.
But how do we define “joy”? Let’s make a few assumptions.
- You don’t want to lose money.
- You want to enjoy what you collect.
I’m fairly confident that if every person who bought an NFT could make the above true, people would have joy in NFTs. Unfortunately, we know that’s not the case. People frequently lose money and become disappointed with NFTs they own.
I believe if I can deliver on the above two assumptions, people will experience joy.
Notice that I don’t promise riches or the next NFT grail; the Dude just wants you to make better decisions. For you, and nobody else.
Aligning Incentives
Notice that Twitter is a swamp of misaligned incentives: creators fight for your attention on a platform purpose-built to keep your eyeballs glued to the screen. Creators attempt to gain followership, and then sell that attention however they see fit (their own projects, projects that pay them…other nefarious methods, etc). Even NFTs, with seemingly perfectly aligned incentives, can become muddled when outside investors jump into the fray: now the project theoretically caters to holders, but in all reality is a business that is expected to produce financial return to those investors!
How will the Dude align incentives? With a direct conduit to you, dear reader.
There will be four parts to the Dude’s mission going forward: short writing, long writing, interviews, and [redacted].
Short writing will resemble what currently exists on the blog. It’s free, and always will be.
Long writing will be meticulous research on specific projects and platforms, driven with data and viewed through a strategic lens. These pieces will be crowdfunded with crypto.
Interviews will be written, informative, and prompt. I will interview both artists and collectors in written format so you can enjoy wherever you see fit, dear reader.
[redacted] will be [redacted]. Stay tuned, I think you’ll like it.
Removing Intermediaries
Why is this connecting directly with the reader important?
I have a very specific reader I’m writing for: the highly-motivated NFT enthusiast who wants to improve themselves through education. Removing the barriers between us (Twitter, “buying in” to a utility group for the long-haul, etc) is critical to getting the reader the information they are most interested in without catering to intermediaries.
Additionally, you get the information a la carte. Don’t like a structured analysis piece, you don’t have to pay for it. No more paying for a utility group without knowing what you’re purchasing.
Lastly, I’m explicitly not here to create a community. We all have enough web3 communities and echo chambers; what we are lacking is independent research and unbiased views.
I’m the umpire behind the plate, just calling balls and strikes.
I hope you’ll come down from the stands and join me - it’s a different ballgame when you’re not cheering until you’re red in the face.
~~
This blog is just getting started. If you found this structured analysis helpful, I’d be greatly appreciative if you could do two specific things:
- Subscribe (upper right hand corner).
- Share it with a fren.
Subscribing here or engaging on Twitter is always appreciated, but never necessary. However, some say in the future it will really tie the room together.