Money for Everything: A Future Where Every Inch of Culture Is Monetized

What’s groundbreaking about crypto is that it shifts the web from social currency to economic currency. When I like your Instagram post today, I grant you some social capital; what’s the equivalent for the cryptomedia age? Me “liking” your content may mean me financially investing in your success and sharing in future income. Maybe Spotify’s Year i... See more

Media creators today can issue their own cryptographic token and design distribution and incentives around it to trigger a virtuous cycle for themselves and their fans. A simple token economics model could help media creators bootstrap funding for new projects, reward early fans and rally communities towards a common goal. In short, communities sho... See more

And that’s a pretty exciting idea because it means that creators on the internet, everyday people who use internet products and services, will be able to earn more of the value that they contribute to those products. That’s because cryptocurrencies make it possible to distribute that value at internet scale instantly, to anyone, anywhere in the wor... See more