“We've seen this with other new internet platforms in the past — and YouTube is a great example — where you end up getting all these creators, and all this novel content, that you never would have gotten without the platform,” Ehrsam told me. “And I think something similar can happen here.”
Creators in these niches don’t have to appeal to the lowest common denominator to viral with mainstream viewers. They can focus on delighting their smaller cadre of hardcore fans. That’s why I believe there’s a huge untapped opportunity for apps to allow micro-entertainment creators to monetize by accepting tips for recorded content, not just durin... See more
If you were like me, applying to college over a decade ago, you might remember ASU’s reputation as a party school for hot people. In 2002, Crow was appointed ASU’s 16th president, and he set about both developing and implementing a vision for reform. Today, ASU ranks as a top 100 research university worldwide [1], and has managed to do so while inc... See more
In the future, it’s likely that the average person will not work for a company. Instead, people will earn income in non-traditional ways by taking actions such as playing games, learning new skills, creating art, or curating content. This kind of shift in how we work is not unusual or unexpected — the idea that most people would be employed by larg... See more
Now that the supply chain for creators is getting digitized, you can mint an NFT instead of having a factory produce a physical item. I think that enables participation in commerce and the ability to build global commerce businesses at a massive scale where the only real barrier is creativity and ideas.
No doubt there are many unanswered questions. The technology to enable this new model still has a way to go and, for it to be useful for most creators, it will have to become a whole lot less “crypto-y.” Web3 is growing fast, but most creators and consumers just want to create and consume content without having to dive too far down the rabbit hole.... See more