Why Creators Should Choose Protocols Over Subscriptions

With decentralized protocols, "come for the creator, stay for the network" becomes "come for the creator, stay for the economy". Creators will have ownership stakes in the internet economies they're building. They'll be incentivized to hype up other creators. To invest in the community. To direct traffic. To provide support. Fans, curators, and com... See more

In other words, companies are valuable when they continuously extract value for shareholders. Protocols are valuable when they continuously create value for the public. ([View Highlight](https://instapaper.com/read/1492780094/19098815... See more

Now, creators can not only engage but transact with their fans directly: the community can voice their opinions and have a better chance of being heard, the perks can be designed to reward members who add the most value, and the community can benefit through token ownership and redeemable real world rewards. The creator goes from being an aloof ent... See more

If it’s tied to the creator, the income from everything that they build should flow into the token. But if it’s tied to a set of work, the creator is free to start new business endeavors without feeling like they’ve already sacrificed a significant portion of their equity. That then leads to another set of considerations. If all of a creator’s exis... See more