NFTs turn any digital media file (eg essays, songs, art, podcasts, etc.) into an economic asset that can be monetized directly. Instead of being limited to subscriptions or ad revenue, you can monetize each individual essay by minting it as an NFT and selling it to your superfans as a collectible. This enables digital media to be monetized without... See more

NFTs give us new tools to solve this problem — by representing previously infinitely-reproducible creative works as scarce, tradable digital assets. This means that artists can now sell a scarce digital asset representing an essay as a unique collectible or artwork, while the content itself remains open and freely accessible

If you’ve been following me and Messari for a while, you know I’m bullish on token-powered information curation. The v1 token-curated registry primitive had some flaws, but in general, curation markets could replace centralized, ad-driven algorithms, improve credentialing and social signaling, reduce low-value redundant work, and crowd-fund... See more

History didn't work out that way, but with crypto wallets, frictionless paywalls and micropayments become more possible than ever before. There needs to be a way to create an NFT where a reader can pay a small amount to access, thus "owning" a copy of the content.

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... See more