added by sari · updated 2y ago
User Owned Platforms
- -Ownership and portability of data: Next-generation platforms have already begun shifting to more data-portable models. Substack, for example, gives writers total ownership over their audiences and allows them to take their email list of subscribers with them if they ever decide to leave the platform; furthermore, writers use their own Stripe accou... See more
from Legitimacy Lost by Katie Parrott
sari added
- But there is a difference. Because: to get users in the first place, platforms have to increasingly airdrop their token that incentivizes users not only to use the platform, but more importantly, grow its long-term value by getting their network to use it as well. No self-respecting platform under the watchful eyes of the SEC would say that they’re... See more
from People are the New Platforms by David Phelps
Alex Wittenberg added
- Web2 platforms coerce user loyalty through network effects and closed data, and exiting a platform leaves creators without access to their audiences or content. Web3 affords the opportunity to build systems that foster user agency and self-determination through true digital ownership, open data, and networks that are built atop open-source software... See more
from A Theory of Justice for Web3 by Katie Parrott
sari added