added by sari · updated 2y ago
Firehose #190: 🎸 Creator equity. 🎸
- Creator tools enable micro-economies. The shift from Web2 to Web3 create revenue streams which prioritize community ownership over individual ownership.
from The Rise of Micro-Economies by Cooper Turley
sari added
- Platform wealth and economic sharing: Today, creators & consumers contribute to a platform to gain social or economic status. But this status is rented (status on platform only, revenue shared directly with platform). In Web3 this status is owned. Not only is social reputation portable, but the relationship with IP created on platform can be owned ... See more
from Reputation in Web3: Ships Built on the Great Flood by Brian Flynn
sari added
- Web3 inverts the internet’s business models by giving more value and ownership to both creators and consumers. Traditionally, platforms developed online have been driven by advertising and subscriptions. This is because Web2 took a consumer first approach to platforms, protocols and applications with the platforms as intermediaries. Web3 puts value... See more
from The Dawn of Consumer Crypto — Mirror by Jarrod Dicker
sari added