The key distinction is that through fractionalization, it opens up the potential to get more contributors to contribute to the success of creative works represented as an NFT.
Eventually, we will want our deliveries to be so prompt that we will practically be sitting on top of the products we will order. At Chetwoods, the architecture firm, a managing director named Tim Ward told me about “brownfield” sites in London that the e-commerce industry can swallow: real estate that has fallen into disuse, and that can be repurp... See more
Community ownership is a virtuous aspiration among web3 organizations. However, without an agreed upon definition or collective understanding of what ownership actually is, we may inadvertently dilute or abstract its meaning.
The result is a dynamic in which platforms exercise near-autocratic control over the creators that frequent their platforms. YouTube can demonetize high-profile creators at will. TikTok can ban its biggest stars indefinitely. Apple determines who gets to live in its App Store, and OnlyFans can dictate the morality of their creators to appease their... See more