Henry Caron

Tokenizing the Internet


Financialization of Culture

Tokenization of Perception

Valuation of Content

2024 Canaries

  1. FriendTech : Speculate on your friends
  2. Polymarket: Speculate on political outcomes
  3. Memecoins: Speculate of internet culture
  4. Sports betting: Speculate on statistical probabilities

The question: How do you valuate content? How do you price social phenomena that cannot be priced?

The edge: You cultural insight and knowlege. Your ability to perceive the incalculable just from lived experience.

The true counter to AI — no amount of data and computation can account for what it takes to win. A glimmer into a nihilistic world — everything has a price, no matter how ethereal.

Nobody really understands how things come to be or why they fall apart. Everyone is just hunting for an edge.

A future: Humanity is exposed through raw financial exposure. Markets drive perception of relevence and likelihood of future events. Content moderation fails because content is the key.

The internet drives the world. The internet and its content is the final harbinger of truth. The reality of the world is superfluous. All that matters is what the market tells you is happening. Life imitates tokens.

How do you bring free markets to structured and universal content (aka, truth)? Memes are esoteric and self-referential. What is the design of a marketplace for:

  • News
  • Content creators
  • Viral content
  • Tweets

Markets as news aggregators. Markets as content. Markets as truth.