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We moved to Bankless.com | Substack
But Ethereum and the web3 movement is changing the game. Social tokens provide a means of not only sharing financial upside with their favorite creative but also enables tiered, tokenized access based on active contributions.
Cooper Turley • We moved to Bankless.com | Substack
Despite every social token having very different goals, there’s one feature tying them all together: Community Access.
Cooper Turley • We moved to Bankless.com | Substack
This notion of offering tiered access to top supporters is one that has driven subscription platforms like Substack, Twitch, and Patreon to become the giants they are today. However, all these experiences are fragmented.
Cooper Turley • We moved to Bankless.com | Substack
However, creatives have been limited in their ability to monetize their work while supporters have historically been limited in their ability to collectively share in the upside of their growth.
Cooper Turley • We moved to Bankless.com | Substack
Social tokens allow creators to offer true fans universal benefits across every social platform without forcing them into new membership for each site they visit.
Cooper Turley • We moved to Bankless.com | Substack
Social tokens are starting to gain traction.
Cooper Turley • We moved to Bankless.com | Substack
So far, 350 communities have set up a CollabLand integration, bringing shared trust to over 30,000 unique users.
Cooper Turley • We moved to Bankless.com | Substack
Using tools like CollabLand, social token communities have boomed with a native integration to restrict access to those holding a predefined amount of tokens.
Cooper Turley • We moved to Bankless.com | Substack
But not everyone’s a fan. Lots of questions. How do exits work? How are these valued? What happens if a creator stops? The skepticism is healthy.