Cultural Liquidity: The Rise of Cryptomedia

Cryptomedia means we no longer need to trade off universal accessibility and usage for value capture on the internet. It means that the more the object is shared and used the more valuable it becomes.

Cryptomedia inverts how we think about creating and capturing value on the internet, and provides the foundation for a sovereign internet owned by everyone.

What’s groundbreaking about crypto is that it shifts the web from social currency to economic currency. When I like your Instagram post today, I grant you some social capital; what’s the equivalent for the cryptomedia age? Me “liking” your content may mean me financially investing in your success and sharing in future income. Maybe Spotify’s Year i... See more

Crypto isn’t just a new technology, it’s a new philosophy for how creative work is produced, shared, and owned on the internet.

cryptomedia has seven distinct characteristics: * Token-based: an Ethereum-based Non-Fungible Token (NFT) * Permissionless: universally usable and censorship resistant * Universally accessible: open and available to the internet * Valuable: accrue value which is accessible to the owner and creator * Internet-native: created within and exists only o... See more

Using the so-called “platform internet” isn’t always an investment, in an explicit monetary sense. Crypto can turn some of those passive efforts – scrolling, exploring, socializing – into financial transactions. What would it mean to live in a world where every single image, song, health record, Twitter “like” and blog post has a discrete token att... See more