While blockchains have been long touted as the solution to decentralize the internet, they have struggled beyond financial applications because of heavy data storage needs of the internet
The new internet allows a new era of entrepreneurship which we call cultural capitalism in which content creators and curators make content, communities and products based on unique cultures
To bring the power of blockchains to mainstream internet applications which are data-heavy, we need to shift from the current paradigm of general-purpose blockchains to application-specific…