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How Creator DAOs redefine the way we work
The ownership economy-- by way of decentralized autonomous organizations aka DAOs + non-fungible tokens aka NFTs-- builds a business on top of the creator economy that encourages creators, operators and the community to collaborate together under a new, interdependent ownership mechanism that combines the best of both (legacy + creator economy) wor... See more
Brian Flynn • A New Media Structure: The Ownership Economy
So how is this different from crowdfunding like Kickstarter or membership platforms like Patreon? These three frameworks have plenty in common, most importantly, the goal of making it possible for more people to make stuff. But the main difference that a Creator DAO provides is the notion of ownership. You are not simply supporting a project. Throu... See more
Tal Shachar • Creator DAOs:
Every audience will turn into a community, and every fan will turn into a partner. With Social tokens and Creator DAOs, you'll have the power to incentivize anyone to help you achieve broader goals, meet new people and collaborate with others. DAOs, compared to traditional companies, are open, global, and transparent.
Eliot Couvat • How to Launch a Creator DAO
So what creators need, then, is the opposite of a cult: they need a decentralized collective, a DAO. With proper coordination, DAOs actually offer a far more compelling model for distribution than centralized models of either corporate conglomerates or, yes, cults. In fully decentralized creator communities, fans can actively become creators themse... See more
David Phelps • We’re (in) the money
Creator tools enable micro-economies. The shift from Web2 to Web3 create revenue streams which prioritize community ownership over individual ownership.