Writing is Networking for Introverts: Exploring the Power of Microfame and the Connection to Crypto Cap Tables
Hatched by Glasp
Aug 10, 2023
4 min read
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Writing is Networking for Introverts: Exploring the Power of Microfame and the Connection to Crypto Cap Tables
Introverts often find solace in the world of writing, where they can express themselves freely without the pressure of face-to-face interactions. As an introvert myself, I can attest to the comfort and ease that writing brings. However, there is a challenge that many introverts face - recognizing faces. But fear not, there is a solution: be famous.
Becoming famous may seem like an outrageous suggestion, but it actually has its merits for introverts. When you are famous, people already have some context about you, and the burden of initiating conversations is shifted onto them. It's like outsourcing your extroversion to others. This concept is known as microfame - being famous to a smaller group of people who share your interests.
Microfame is the ideal kind of fame for introverts because it combines the benefits of being known to a select few with the advantage of connecting with the right people. Achieving microfame isn't about the magnitude of fame, but rather about finding your niche community where you can have meaningful conversations with like-minded individuals. You don't have to introduce yourself or struggle to find common ground because your conversational partners are already pre-selected based on shared obscure interests.
Writing plays a crucial role in the strategy of building microfame. By writing about your passions and interests, you not only identify others in your intellectual ghetto but also recruit more individuals who are intrigued by your ideas. It's a way of expanding your network and exposing yourself to a plethora of new ideas. As your friends start writing and sharing their thoughts, you become immersed in a world of diverse perspectives and knowledge.
But writing is not the only realm where networking and connections play a vital role. The world of crypto companies also has its own version of networking through cap tables. In traditional equity cap tables, ownership of the company is determined by the distribution of equity. However, in crypto cap tables, there are two key elements: the community allocation and the treasury.
The community allocation takes precedence in the token cap table of crypto companies. It serves as an incentive for network participants, such as validators and stakers, to contribute to the growth and success of the network. By offering tokens to these individuals, the company jumpstarts network effects and builds a strong and engaged community.
The second element, the treasury, is unique to crypto cap tables. It captures tokens that are acquired by the foundation through its efforts in participating in the community, whether by running validators or stakers. The treasury acts as a reserve of tokens that can be utilized for various purposes, such as funding development, incentivizing stakeholders, or supporting the growth of the network.
It's important to note that crypto cap tables are not standardized and vary from deal to deal. Investor token ownership rights can take different forms, including warrants that provide equity investors with the option to purchase tokens at a discounted price in early rounds. This flexibility allows for tailored agreements that align with the specific needs and goals of the company and its investors.
Now that we have explored the connection between writing as networking for introverts and the cap tables of crypto companies, let's delve into three actionable pieces of advice that can help introverts navigate these realms:
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Embrace your niche: Whether it's through writing or participating in crypto communities, embrace your niche interests. By focusing on specific topics or communities, you can find like-minded individuals who share your passion and engage in meaningful conversations. Microfame is built on the foundation of niche communities, so don't be afraid to dive deep into your interests.
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Share your knowledge: Writing allows introverts to showcase their expertise and insights. By sharing your knowledge through articles, blog posts, or social media, you not only contribute to the intellectual discourse but also attract others who are interested in your ideas. Similarly, in the world of crypto, actively participating in community discussions and sharing your insights can help you establish yourself as a valuable contributor.
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Be open to learning: Networking and building connections are not just about showcasing your own ideas but also about being open to learning from others. By actively engaging with other writers or crypto enthusiasts, you expose yourself to a wealth of knowledge and perspectives that can broaden your horizons. Approach conversations with curiosity and a willingness to listen, and you'll find that networking becomes a mutually beneficial exchange of ideas.
In conclusion, writing serves as a powerful networking tool for introverts, allowing them to connect with others who share their interests and passions. Microfame, the concept of being famous to a smaller group of people, offers introverts the opportunity to engage in meaningful conversations without the pressure of initiating interactions. Similarly, the cap tables of crypto companies highlight the importance of networking and community building in the realm of cryptocurrencies. By embracing niche interests, sharing knowledge, and being open to learning, introverts can navigate these worlds with confidence and establish valuable connections along the way. So, get out there, write your heart out, and network like a pro!
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