Creators, Communities, and the Gray Space in the Middle — Nichanan Kesonpat

Nichanan Kesonpat wrote in Creators, Communities, and the Gray Space in the Middle: It feels like we're entering the next evolutionary phase of online communities, where you and others are not just members of the same chat room talking about a shared interest, but are stakeholders of the community itself, in a system with baked-in incentives to rew... See more

For musicians, web3 is changing their relationship with fans. NFTs, creator tokens, and new crowdfunding opportunities are emerging as ways to incentivize active participation in a creator's success.web2: passive engagementweb3: co-creation and co-ownership

Today, top creators are rewarded with inefficient virtual currencies (e.g., likes/follows) and cash from a centralized platform. In the future, creators will build a new form of status through these community-driven NFTs which they own through their private key and can directly redeem for money.

Paradigm 1: Tokenizing Digital Creators vs. Digital Communities The future of tokenization is infinitely complex when considering who and what can be tokenized. But this seemingly complex topic can be simplified if you break tokenization down into two main groups, digital creators, and digital communities.A digital creator is typically one leader w... See more