Reddit co-founder Alexis Ohanian recalls the company's early days in 2005 and prioritizing community-led identity over traditional ad models.
Prediction Didn’t hold up
Ohanian: 90% of gamers will only play games that pay them
“In five years, no one, 90% of people will not play a game unless they are being properly valued for that time.”
Prediction Not checkable as stated
Ohanian: 'Minimum Viable Community' will become the new standard
“The minimum viable community is going to become the new standard and you're already seeing it in PFP projects.”
Prediction Held up
Ohanian: Bored Ape owners will borrow against NFTs and never sell
“It is inevitable and on the order of months and lots of years, if not months for all those Bored Ape owners, To never have to actually sell.”
Prediction Not checkable as stated
Ohanian: VCs must accept pseudonymous token holders on cap tables
“Not only will VCs have to get comfortable having other folks on the cap table who are, let's say, individual investors, they'll have to get comfortable with, like, a bunch of random strangers on the internet who have just bought into the token. Who are totally…”
Prediction Not checkable as stated
Ohanian: Reddit is a proof of concept for Web3
“In many ways, I think Reddit will be looked at as a kind of proof of concept for a lot of the stuff that Web Three is just gonna run away with in the next few years.”
Prediction Didn’t hold up
Ohanian: DAO participation will be commonplace within five years
“I think everyone in five years will participate in a DAO. They won't know it necessarily. I don't think that branding is, is whack. But they won't care. Right. User experience triumphs over everything. So yeah, I think it will be pretty commonplace. Not, maybe…”