Olympic medalist Apolo Ohno discusses the commercialization of the Olympic Games and the addition of non-traditional sports.
Insight
Ohno: 24/7 crypto traders live no better than 18-hour shift workers
“If you're a trader in crypto, and it requires you to be so glued to your devices all the time, and if you can't disengage for periods, you're actually no better off than the guy who's working 18 hour shifts. Like, you're exactly the same. Your number on the sc…”
What-if
Ohno: NBC should have hired creators over investing in Snapchat
“And I thought it was like, well, why would they just give the money to a public company versus going directly to the creators themselves? The top, top 50 creators in the world, right? Speak different languages and saying, we're going to give you all access rig…”
Prediction Not checkable as stated
Ohno: The Olympics will never become decentralized or fan-controlled
“I mean, it's never gonna happen for the Olympics, right? That's such a centralized, controlled entity.”
Insight
Ohno: USOPC operates on a loop of medals driving sponsorship revenue
“As a business, like if you take the USOC, the USOPC, the United States Olympic and Paralympic Committee, their business model is to generate medals which then in turn attract sponsors so that they can continue their jobs and have trickle-down effect to supply …”
Assertion Supported
Apolo Ohno: Olympic athletes do not own rights to their competition moments
“The challenge that we had that I ran into very quickly was that the athletes actually don't own the rights. To their own shit.”
Insight
Ohno: Web3 culture creates toxic FOMO by signaling non-participants are inferior
“We do buy into the external signaling of society telling us what we should have, what you should be doing, which DAO you should be participating in, which new token launch you should have, which new game you should be participating in, which new play to earn, …”