Minting Is the Native Business Model for Web3
Collectors: Why collect? What do you believe?
Modern, digital technology is a tool, created and wielded by humans, ostensibly under our control. Throughout history, the adoption of new technologies has driven profound shifts in society and this has been especially true when the technologies connect humans in new ways (shipping, telephony, trains, a... See more
Modern, digital technology is a tool, created and wielded by humans, ostensibly under our control. Throughout history, the adoption of new technologies has driven profound shifts in society and this has been especially true when the technologies connect humans in new ways (shipping, telephony, trains, a... See more
Ian Rogers • Why Collect Digital Art? What Do You Believe? (Gen Art) - Tetragrammaton
The promise of tokenizing the relationship between writer and reader, or broadcaster and audience, means that we finally have an alternative to the extractive models of strip-mining attention on the internet.
Coindesk • A New Era of Media Begins With Tokenization

Web3 inverts the internet’s business models by giving more value and ownership to both creators and consumers. Traditionally, platforms developed online have been driven by advertising and subscriptions. This is because Web2 took a consumer first approach to platforms, protocols and applications with the platforms as intermediaries. Web3 puts value... See more
Jarrod Dicker • The Dawn of Consumer Crypto — Mirror

Giving ownership to creators is the most impactful way to empower creators.
There is a transition happening from the attention economy to the ownership economy. Four ways to transition: the introduction of digital scarcity (NFTs), patronage (supporting creators), new economic models, and community ownership (DAOs).
There are many different wa
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