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Web3 is often referenced as an important part of the “ownership economy,” in large part because it enables creators to monetize in creative ways while owning both their work and a part of the platforms. But creator tokens can start to take us down a more dystopian path in the ownership economy — one where the fans start to own the creators. The (of... See more
Alana Levin • Bowie Bonds as Early Creator Tokens
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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
Brian Flynn • Reputation in Web3: Ships Built on the Great Flood
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Web 3.0 is now defined by digital ownership, and not just money or finances, but ownership of your digital self, digital art, applications, etc.
Image if you had ownership of every post you made on social media and were rewarded. That content is owned by you, not some social media company. But where does it live? Well on the blockchain.
The a
... See moreLedger • Intro to Web3 for beginners | School of Block
Emilie Kormienko added
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