How developing mental immunity can protect us from bad ideas and the evolution of work in Web3

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Aug 25, 2023

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How developing mental immunity can protect us from bad ideas and the evolution of work in Web3

In today's information age, where misinformation and unreliable sources are rampant, it is more important than ever to develop a strong mental immune system. This cognitive resilience not only helps in detecting misinformation but also in spotting bad ideas early on, allowing us to make better decisions and avoid wasting time, energy, and money.

One study that highlights the effectiveness of mental immunity is the reinforcement of the public's cognitive immunity to misinformation through pre-emptive warnings about politically motivated attempts to spread misinformation on the human causes of global warming. This inoculation, or meta recognition, works by equipping individuals with the ability to detect and reject harmful or incorrect information that enters their minds.

To strengthen your mental immune system, it is crucial to develop greater cognitive flexibility. This means being open to changing your beliefs when new, better-evidenced information is presented. It is important to remember that misinformation is common, and fake news is designed to appear genuine. Therefore, train yourself to immediately interrogate the information or data you are presented with.

One way to develop cognitive flexibility and strengthen mental immunity is to cultivate meta-beliefs. Meta-beliefs are beliefs that are held following a thorough reasoning process or cognitive interrogation to check their validity. By constantly assessing and re-adjusting previously held beliefs when new evidence comes to light, you can ensure that your mental immune system remains strong.

Diversifying your information sources is another strategy to nourish your mental immune system. By seeking out a variety of sources and digging deeper into the underlying research, you can gain a comprehensive understanding and reduce the chances of being unconsciously sold misinformation.

Now, let's shift our focus to the evolution of work in Web3 and the rise of "play-to-earn" gaming. One prominent example of this phenomenon is the game Axie Infinity, operated by a Vietnam-based company called Sky Mavis. In Axie Infinity, players acquire unique digital pets called Axies and battle other teams of Axies.

What sets Axie Infinity apart is its play-to-earn model, where players can earn money from playing the game. This innovative concept emerged from the recognition that the production of new non-fungible tokens (NFTs) had to be related to actual work and effort. The game introduced a guild system as a way to scale efforts and provide access to people around the world, especially in emerging markets, without requiring them to afford the assets upfront.

The Philippines, in particular, has embraced play-to-earn gaming due to its love for mobile games, relatively high crypto literacy, and communal culture. The community behind Axie Infinity strongly believes that those creating value should participate in the upside. This aligns with the core belief of web3, which aims to pass the value back to the community and creators, rather than retaining it solely within the platform.

Axie Infinity has removed traditional middlemen, such as app stores and game publishers, who typically take a significant portion of the revenue generated by a game. By eliminating these intermediaries, more value can be shared with the actual users and stakeholders of the platform. This shift towards shared economic ownership and cultural alignment is a hallmark of the transition from web2 to web3.

The community-driven nature of Axie Infinity has created a vibrant ecosystem where participants find different kinds of value and derive various benefits. This diversity ensures the longevity and growth of the platform. Moreover, the community plays a crucial role in onboarding new users and teaching them how to navigate the game and the crypto space.

Gaming, with its immersive and interactive nature, is poised to be a key gateway for the next wave of users entering the world of crypto. While the technical barriers to entry have historically been high, play-to-earn models like Axie Infinity offer a more accessible and rewarding experience. The stories of individuals whose lives have been transformed by earning money through gaming highlight the significance of this shift.

In conclusion, developing mental immunity is essential in protecting ourselves from bad ideas and misinformation. By cultivating cognitive flexibility, interrogating information, and diversifying our information sources, we can strengthen our mental immune system. Simultaneously, the evolution of work in Web3, exemplified by play-to-earn gaming like Axie Infinity, presents new opportunities for individuals to earn money and participate in shared economic ownership. Embracing this shift and the community-driven aspects of web3 can lead to a more inclusive and empowering future.

Actionable advice:

  1. Continuously challenge your beliefs and be open to changing your mind when presented with new evidence.
  2. Diversify your sources of information and dig deeper into the underlying research to verify the validity of the information you encounter.
  3. Explore the world of play-to-earn gaming and the opportunities it presents for earning money and participating in shared economic ownership.

Sources

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