added by sari · updated 9mo ago
The Rise of Micro-Economies
- Micro-economies are communities:
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- Micro-economies have a shared mission, are pre-product and have little to no revenue. They’re in the earliest stages of hiring and resemble structures like co-ops or committees.
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- -With under 100 active members.
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- Once working capital is available, we start to see a migration from token-only compensation to more standard payment structures and roles akin to traditional companies. This hybrid mix between a community token and USDC rivals Silicon Valley compensation packages with the added benefit of tokenized equity being liquid by default, tradable 24/7 on g... See more
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- -With a total market cap of less than $1,000,000
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- In Web2, creators monetize their work via a SaaS model, where they’re paid for a newsletter, artwork, or craft on a regular basis.
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- -That lack legal incorporation (LLC, corp, etc.)
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- In Web3, creators monetize through the issuance of a social token or NFTs, with non-fungible tokens acting as digital media ownership.
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago
- Creator tools enable micro-economies. The shift from Web2 to Web3 create revenue streams which prioritize community ownership over individual ownership.
from The Rise of Micro-Economies by Cooper Turley
sari added 3y ago