Long Take: Are the NFT and DeFi markets recreating traditional human hierarchies through new social capital?
Hi Fintech futurists --
This week, we look at:
The fundraises of Jumio ($150MM), Feedzai ($200MM), and Chainalysis ($100MM) and the function they perform in the fintech industry
The nature of human competition and hierarchies, and why inequality is recreated across the various economic networks that exist
How the NFT markets have higher engagement than DeFi, which is more participatory than Fintech, which is more participatory than finance
The emergence of signalling in the crypto economy that resembles digital citizenship and social capital
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