One school of thought is that if you're not in the real estate business, and you're in some other business like fashion, then you probably shouldn't own a lot of your real estate. The general idea is that the opportunity cost of doing so is too great; it ties up a lot of capital, taking it away from the core business. But then there's LVMH. In 2023, the company spent €2.45 billion on real estate across the world, mostly for its retail stores. And then this week it was announced that, earlier ...

In our previous newsletter, we explored how token airdrops and onchain tools can transform fragmented audiences into thriving communities. OpenRank—with its innovative use of reputation data—was highlighted as a pivotal player in evolving Farcaster’s ecosystem. Following up on that conversation, Gloria and Sahil joined Early Morning Crew to dive deeper into how OpenRank’s features are shaping user engagement and creator success on Farcaster.The Evolution of Reputation in Onchain CommunitiesGl...

Below are a pair of excellent excerpts from recently released reports. Both are well worth reading in full. "The folly of skimping on internal core competence is well established in many domains. One paper by Zachary Liscow of Yale finds a remarkable correlation between the staffing levels of state departments of transportation and the per-mile construction cost of highways: increasing employment by one person per thousand in a population reduces costs by 26 percent.28 When there is insuffici...

As 2024 winds down, we’re taking a moment to celebrate the builders, creators, and dreamers shaping the future of the internet. From festive drops to evolving stories, here’s what’s lighting up the onchain world this week…

From our test run at Zuvillage to supporting CMI and collaborating with AIOI, 2024 has been a great year for Harmonica. In this short article, we share a few exciting updates and express gratitude to everyone who believed in us.

gm frens, i decided to put together a little award show to give out flowers to some of the best developer content i have seen this year. check out the video.

Gm. Welcome back to our Weekly Updates, the last one of this year! In this edition, dive into the launch of Bonsai Launchpad, discover the revamped Handle Finder, get the latest updates on Percs Games, wrap up Season 2 of Curator Collects, and taste Longboard Island Lager from Hawaii.

Enjoying fresh ink and memories of my mother and more in issue #225 of your weekly poetry shot

Farcaster is a hub of crypto experimentations. I have found myself trying something new every week. And more often than not I have found myself surprised. This is an attempt to log my experiences. Social Predictions, A Tiny Agent, and our first DAO.

Our team has been spending a lot of time underwriting sites that would fit within the City of Toronto's new Major Streets Study. The last time I checked these policies were still under appeal, but the expectation is that they will eventually come into force and start encouraging small-scale apartments up to 6-storeys on all "Major Streets" across the city. This is meaningful progress for our city, and we're excited to be working on projects in this space. At face value, 6 storeys on all major...