The rise of internet-native money has made it possible to create user-owned internet native corporations, collectives, and platforms. This has opened up possibilities for funding scientific research into intractable psychiatric conditions and tackling end-of-life anxiety due to terminal cancer diagnoses through NFT projects.
The speaker discusses the potential of launching an NFT project where 100% of the proceeds go to a charity foundation, and how the resale of the NFTs can continue to provide funding. He also talks about how NFTs have helped struggling artists receive payment for their works.
The creation of internet native money opens up the possibility of creating internet native corporations, collectives, projects, and platforms that are owned by the users. Allowing workers to own the means of production and users to own their means of production in proportion to their provided value would be essential for the further development of internet native currencies.
The co-founder of Founders Fund, Luke Nosek, reveals his bad habit of chewing gum nonstop, which has become a meme. He admits to having subscriptions of boxes of tried and mentions it as a nervous habit.