Bowie Bonds as Early Creator Tokens

“Individual creators have the option of either tokenizing their work or not – if people feel uncomfortable with that, they can continue carrying on with their current behaviors,” Jin said. “But even though it’s not explicit today, there is already this implicit financialization of your work.”

So the larger question we might ask, then, is what advantage creators get from issuing social tokens as their fungible currency rather than not only NFTs but a currency like Ethereum. And there is a simple answer: these projects get to keep a number of the tokens for themselves, effectively issuing themselves free money out of thin air and watching... See more

Big trend emerging around fans holding tokens to get access to different experiences and that raising network value of token. If the team is holding its own treasury of the tokens and token value is increasing, could team start earning from the treasury? An example is WHALE community where moderators earn tokens. How you distribute tokens, to whom,... See more

Media creators today can issue their own cryptographic token and design distribution and incentives around it to trigger a virtuous cycle for themselves and their fans. A simple token economics model could help media creators bootstrap funding for new projects, reward early fans and rally communities towards a common goal. In short, communities sho... See more