One of my most interesting takeaways from the meme stonks saga has been to change my mental model of RobinHood from an investment portal/broker to a lootbox app driven primarily by user...
One of my most interesting takeaways from the meme stonks saga has been to change my mental model of RobinHood from an investment portal/broker to a lootbox app driven primarily by user engagement. Subreddits seem to have coincidentally turned into the social layer to spice up the in-game experience.
Zooming out a bit, it’s crazy, how over the last decade, the mobile ecosystem has so thoroughly turned the smartphone into a Skinner box; every single app & feature together. And I’m stunned by the depth and thoroughness of the impact.
Gambling was always fun for some people. It turns out that there are things close to gambling that can be made as fun and lucrative as gambling. Or even more fun. Games of chance plus payment to...
Gambling was always fun for some people. It turns out that there are things close to gambling that can be made as fun and lucrative as gambling. Or even more fun.
Games of chance plus payment to get more chances is pretty close even if they don’t pay out in money. Pump and dump schemes can be made into a fun game with a bit of coordination among gamblers (who know how the game works and play anyway).
One of my most interesting takeaways from the meme stonks saga has been to change my mental model of RobinHood from an investment portal/broker to a lootbox app driven primarily by user engagement. Subreddits seem to have coincidentally turned into the social layer to spice up the in-game experience.
Zooming out a bit, it’s crazy, how over the last decade, the mobile ecosystem has so thoroughly turned the smartphone into a Skinner box; every single app & feature together. And I’m stunned by the depth and thoroughness of the impact.
Gambling was always fun for some people. It turns out that there are things close to gambling that can be made as fun and lucrative as gambling. Or even more fun.
Games of chance plus payment to get more chances is pretty close even if they don’t pay out in money. Pump and dump schemes can be made into a fun game with a bit of coordination among gamblers (who know how the game works and play anyway).