Bitcoin works by spreading the currency's entire history of transactions — the blockchain, it's called — out across the whole network of its users. Rather than just recording transactions, Ethereum's blockchain would be able record and execute any program you can code. Bitcoin is a pretty interesting fish, but Ethereum is poised to be the whole oce... See more
According to the Re:Create Coalition’s study on America’s New Creative Economy, in 2017, 5.6M creators on Instagram earned revenue through sponsored posts. Contrast that with Patreon’s entire base of 150,000 creators who earn revenue through membership subscriptions—representing just 2.7% of Instagram’s income-earning creator base.
In our case, the markets we refer to are online communities such as Reddit, Hacker News, and Twitter. Each of these communities has an upvote mechanism, which can be interpreted as an indication that the user believes the website is undervalued. They are willing to bid up the price by spending their upvote on it.
As we enter the next decade, however, consumer acceptance of new financial products & services will continue to grow, leaving new demographics open to new products & services. This would have been true regardless, but it seems clear that the COVID-19 pandemic has accelerated this opportunity.