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The Rise of Micro-Economies
In order for a niche community to become a meaningful business, they need to earn income and capture value.
Cooper Turley • The Rise of Micro-Economies
-With under 100 active members.
Cooper Turley • The Rise of Micro-Economies
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
Cooper Turley • The Rise of Micro-Economies
-Working for sweat equity
Cooper Turley • The Rise of Micro-Economies
Tools like Coordinape and SoureCred allow micro-economies to better rank contributions - ultimately building towards organizations in which compensation is tied to value created, rather than time spent.
Cooper Turley • The Rise of Micro-Economies
-With a total market cap of less than $1,000,000
Cooper Turley • The Rise of Micro-Economies
Micro-economies are communities:
Cooper Turley • The Rise of Micro-Economies
-That lack legal incorporation (LLC, corp, etc.)
Cooper Turley • The Rise of Micro-Economies
In Web3, creators monetize through the issuance of a social token or NFTs, with non-fungible tokens acting as digital media ownership.
Cooper Turley • The Rise of Micro-Economies
By intertwining financial assets with social capital, we’re now witnessing a new type of asset class dominated by online community coordination.