added by sari · updated 9mo ago
Legitimacy Lost
- Platform wealth and economic sharing: Today, creators & consumers contribute to a platform to gain social or economic status. But this status is rented (status on platform only, revenue shared directly with platform). In Web3 this status is owned. Not only is social reputation portable, but the relationship with IP created on platform can be owned ... See more
from Reputation in Web3: Ships Built on the Great Flood by Brian Flynn
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- Platforms today are double-edged swords for creators: creators rely on them to grow their audience, but also want to be able to reduce their dependence on them over time.
from The Creator Economy Is in Crisis. Now Let’s Fix it. by Li Jin
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- Web2 platforms coerce user loyalty through network effects and closed data, and exiting a platform leaves creators without access to their audiences or content. Web3 affords the opportunity to build systems that foster user agency and self-determination through true digital ownership, open data, and networks that are built atop open-source software... See more
from A Theory of Justice for Web3 by Katie Parrott
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