User Owned Platforms

Web 3 & When Platform Participants Become Platform Owners

there is a common trend at play. And the trend is this: control over users' data and digital possessions and activity is rapidly moving from an asset to a liability. Before, every bit of control you have was good: it gives you more flexibility to earn revenue, if not now then in the future. Now, every bit of control you have is a liability: you mig... See more

1. Sustaining collaborative innovation among independent projects is a governance problem.


2. A core part of governance is determining an optimal division of rights to control project decisions across various stakeholders.


3. Blockchains frequently require participation of multiple independent platform layers to deliver functionality to end users.


4. Some of thes

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In web2, basically anyone who posts any form of content surrenders it to a continuous feedback loop wherein the platform not only owns and controls your data—it also earns a vast majority of the revenue from what you’ve created.