The reason I call this Web2.5 is because the Substacks and Patreons are open but not interoperable. There’s nothing stopping me from downloading my Substack subscribers and posts and manually moving to a new platform. The data is accessible but not interoperable, and that makes all the difference when it comes to building the internet of tomorrow.
At some point, though, the blockchain users table (plus the ecosystem built on it) will grow to the size where incumbents can't compete on their own. When BitClout's virtual users table has surpassed, say, Twitter's proprietary users table in size, then Twitter will either join the blockchain or get left behind. And likewise on up the size... See more
I’m defining ‘currency’ as an element that has no use value in and of itself, but rather its main purpose and value comes from its ability to be exchanged for something else which has an actual use value.
In 2019, we saw the streaming wars between Twitch, YouTube, Facebook, and Mixer heat up for individual creators. I expect there to be a shift in strategy towards structuring deals around leagues, tournaments, and teams.