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A half-baked idea: NFT for writers
Part of the fun of crypto is the removal of real-world identity from your wallet ID. NFT could enable whistleblowers, journalists, dissidents, and others to receive compensation for their work and be totally outside the reach of any nationstate or corporation. It would be like Wikileaks but with a direct financial incentive.
Sean Blanda • A half-baked idea: NFT for writers
History didn't work out that way, but with crypto wallets, frictionless paywalls and micropayments become more possible than ever before. There needs to be a way to create an NFT where a reader can pay a small amount to access, thus "owning" a copy of the content.
Sean Blanda • A half-baked idea: NFT for writers
I graduated from college with a journalism degree in 2008. And since then there has been an elusive dream of "micropayments" helping fund journalism. The idea was that you'd kick a dollar or two to every article you read and everyone would be happy.
Sean Blanda • A half-baked idea: NFT for writers
Much like there are loose confederations of people in “creator” houses, the NFT publication could be a short-term collaboration or the start of a lasting brand — like Every.
Sean Blanda • A half-baked idea: NFT for writers
As I write this, there is no way of collaborating on an NFT and ensuring that royalties are split in perpetuity.
Sean Blanda • A half-baked idea: NFT for writers
As exciting as NFT art is to artists, a similar opportunity may await writers, editors, and publishers. But, the infrastructure and tools are not quite there.