Sam Blumenthal

From 2019 to 2020, deepfake videos grew 6,820x (!), from 14,678 videos to 100 million videos. They began to invade mainstream internet platforms. Tom Cruise, for example, isn’t on TikTok. But you’d be forgiven for thinking he is: the account @deeptomcruise posts (very convincing) deepfakes of Tom Cruise.

Consumers feel empowered and perceive greater value when receiving currency in their app instead of recieving points. For many, brands are an identity symbol. Let's say Gucci identifies you as an ambassador and airdrops Gucci tokens to you as a thank you for posting positively about the brand across social media using your “GucciCoin” public tag.... See more

The second way NFTs change creator economics is by enabling granular price tiering. In ad-based models, revenue is generated more or less uniformly regardless of the fan’s enthusiasm level. As with Substack, NFTs allow the creator to “cream skim” the most passionate users by offering them special items which cost more. But NFTs go farther than... See more