“Fantasy Hollywood” — Crypto and Community-Owned Characters - a16z crypto

Cultural DAOs and Gaming Guilds Although DeFi protocols have grown exponentially since financial incentives were developed, DAOs with token distribution models independent of usage and participation (unlike DeFi DAOs) are on the rise. I assisted in creating a commemorative video for Uniswap V3 by pplpleasr, née Emily Yang. Several DeFi developers a... See more

"There are so many facets to what crypto can enable, including the creation of community-owned platforms. That's the biggest shift—it's tough (or near impossible) to build wealth without ownership, and artists have never had ownership of platforms. If you look at the market cap of Spotify, look at the value of Patreon, it's in the billions of dolla... See more

While most of crypto focuses on the realms of finance and art, Mad Realities tackles Hollywood head-on. Today’s power structures concentrate power at the top—in a handful of studio executives in LA and NYC skyscrapers. UGC has begun to change this, but UGC is lacking great monetization; most of the pie is hoovered up by the platforms.