Web3 As An Interdependent Economy: A Conversation With Mat Dryhurst

Web3 is often referenced as an important part of the “ownership economy,” in large part because it enables creators to monetize in creative ways while owning both their work and a part of the platforms. But creator tokens can start to take us down a more dystopian path in the ownership economy — one where the fans start to own the creators. The (of... See more

Ultimately, being able to interact with NFTs beyond trading and ownership opens up new data relationships, new monetization opportunities, new communities to dive into, and new narratives to discover. This data, the relationships, and the people behind them should not stay stuck inside walled gardens.

The ownership economy-- by way of decentralized autonomous organizations aka DAOs + non-fungible tokens aka NFTs-- builds a business on top of the creator economy that encourages creators, operators and the community to collaborate together under a new, interdependent ownership mechanism that combines the best of both (legacy + creator economy) wor... See more