NFTs and a Thousand True Fans
Ditto, a digital music distributor, is using NFTs to help music creators sell tokens that entitle owners to a share of revenue streams generated by a song, almost like a dividend-bearing stock.
Yash Bagal • A New Funnel for Music
there are three important reasons why NFTs offer fundamentally better economics for creators. The first, already alluded to above, is by removing rent-seeking intermediaries. The logic of blockchains is once you purchase an NFT it is yours to fully control, just like when you buy books or sneakers in the real world. There are and will continue to b... See more
Chris Dixon • NFTs and a Thousand True Fans
Kevin’s ‘1,000 True Fans’ theory: In a world where you have direct audience contact, you only need 1,000 people paying you $100/year to make an honest living
Kevin Kelly • a16z Podcast: The Truth about 1000 True Fans + Pricing Our Attention | Andreessen Horowitz
1000 True Fans: Use Kevin Kelly's Simple Idea to Earn A Living Doing What You Love
amazon.com