added by Alex Wittenberg · updated 2y ago
Tokenized Access and Subscriptions
- Web3 is pushing from several angles to make creators less dependent on platforms, and expanding the way creators can generate upfront financing would be a key way to do that.
from Tokenized Access and Subscriptions by Joey DeBruin
Alex Wittenberg added 3y ago
- (1995-2010) Buy Microsoft Office '09 for $100(2010-2020) Rent Microsoft Office Suite for $9.99 / month(2020-????) Own access to Microsoft Office Suite for holding 200 OFFICE tokens.
from Tokenized Access and Subscriptions by Joey DeBruin
Alex Wittenberg added 3y ago
- If you held $10,000 in bitcoin for the last month, you paid $15/m to secure it.
from Tokenized Access and Subscriptions by Joey DeBruin
Alex Wittenberg added 3y ago
- Tokenized subscription could create an angel audience of other creators, investing in something very early and very risky with the dream of a potential upside but also just for the fun of it. We see this already with so much of what’s happening with Web3. There are pure speculators but that alone would be nowhere near enough to spin the wheel as fa... See more
from Tokenized Access and Subscriptions by Joey DeBruin
Alex Wittenberg added 3y ago
- You didn't pay in subscription fees but rather in agreed-upon inflation. The circulating supply of BTC grew by 0.15% and your holdings' purchasing power was diluted as a result. This newly minted bitcoin was given to miners as block rewards and helped secure their holdings. Block rewards are a form of revenue for miners, and they’re critical to mai... See more
from Tokenized Access and Subscriptions by Joey DeBruin
Alex Wittenberg added 3y ago
- In line with the transition from passion economy to ownership economy, as beautifully broken down by Jesse Walden, crypto emissions can be thought of as a consistent and stable revenue model for businesses and teams. Token minting is SaaS backward and powerful for users if structured correctly. This could be thought of as the natural next step for ... See more
from Tokenized Access and Subscriptions by Joey DeBruin
Alex Wittenberg added 3y ago
- Right now in the creator space, the closest thing to this model is in the upfront advances that more and more big platforms are paying creators to join and produce content. Substack, Clubhouse, Snapchat, Facebook, YouTube, and others all pay cash advances to creators in the hopes that they then generate even more revenue for the platform. So far, i... See more
from Tokenized Access and Subscriptions by Joey DeBruin
Alex Wittenberg added 3y ago