The roughly 5% that the Axie protocol takes goes into the Community Treasury, which currently stands at 46k ETH or $95 million, and the Treasury is controlled by token holders, including but not limited to the developers, Sky Mavis, who hold about ~20% of the nation’s governance token, AXS.
While crypto historically prioritized function over form, the space has more recently emerged as a leader in experimenting with using style as a competitive advantage.
I distinctly remember someone once telling me that they hadn’t gone to a primary care physician in years because they didn’t know how much it was going to cost.
Smaller papers have been especially hard hit, but the crisis is hurting big outlets as well. The New York Times and News Corp., the publisher of the Wall Street Journal, have both lost advertisers -- even if readers are more engaged. And the Los Angeles Times, serving the second-largest media market, is furloughing employees on the paper’s business... See more
The same Internet that allows Netflix to help a small number of cinephiles discover an obscure documentary might also allow that filmmaker to be in touch with these same people directly, perhaps converting what Kelly termed “Lesser Fans” into “True Fans,” defined as those “who will purchase anything and everything you produce,” who “will drive 200 ... See more
The concept of a paid, crowdfunded membership for music is nothing new. Fan clubs for pop culture have been around since the early nineteenth century, and crowdfunding in particular is at the core of musical entrepreneurship in the Internet age. One of the world's first crowdfunding sites, ArtistShare, was founded in 2001 specifically for musicians... See more