added by Sam Blumenthal and · updated 4mo ago
NFTs and a Thousand True Fans
sari and added
- 1000 True Fans >>> 1 True Fan (The Story Of The $25k NFT) Here’s another change in the scaling factor. There are new types of products that creators can offer that allow you to scale yourself in completely new ways, and allow you to price discriminate among your audience as well so that you don’t need to just scale your reach and reach mor... See more
from Li Jin on The Passion Economy & Its Hidden Currency by NFX
Sixian added
- The second way NFTs change creator economics is by enabling granular price tiering. In ad-based models, revenue is generated more or less uniformly regardless of the fan’s enthusiasm level. As with Substack, NFTs allow the creator to “cream skim” the most passionate users by offering them special items which cost more. But NFTs go farther than non-... See more
from NFTs and a Thousand True Fans by Chris Dixon
sari added