Li Jin on The Passion Economy & Its Hidden Currency

Passion Economy- any potential path of monetization where people are leveraging their individuality.

The creator economy is in the midst of a decisive shift—from a “bigger is better,” ad-driven revenue model to one of niche communities and direct user-to-creator payment.

...a lot of people make businesses to compete with tools where people are already making money. I know in marketplaces, we often see people design marketplaces to try to intermediate or digitize transactions that are already happening.  But the big mental breakthrough is to say, “Can we create something that creates new transactions that aren’... See more

The Passion Economy Demands Creator-Format Fit