Crowdfunding Writing With NFTs — Mirror

In media, NFTs—or Non-Fungible Tokens—make it possible for creators to retain ownership of their content, without limiting the propagation of their files across the internet. As a result, NFTs have the potential to invert the ownership model of media—offering creators, their audiences, and developers who build for them, a viable alternative to plat... See more

-NFT Tiers: While the reward tiers on Web2 crowdfunding platforms typically feature physical goods and merchandise, Mirror crowdfunds natively support NFTs. In just a few clicks, you can reward backers with digitally-native collectibles with the potential to grow in value and serve as membership in a community.

Unlike traditional, web2 crowdfund platforms, Mirror’s crypto-native crowdfunding gives the tool a disruptive edge. With the application of tokens and NFTs, backers have automatic and permanent stakes in the success of a project. The result is a unique cross between starting an online community and an internet-native company, all in real time and w... See more

The key point to take away from this is that owning the content is not important to Mirror’s strategic moat. What differentiates Mirror and makes it a sticky product for creators is that it offers a number of ways to build a business that you can’t get anywhere else. Mirror dramatically lowers the coordination cost of creating a complex online busi... See more