It is unclear what proportion of the value of an upvote is quality vs. everything else. Finding a better way to extract quality from upvotes will be an important problem to work on moving forward.
Traditionally creators have monetized either through displaying ads or renting out access to content behind a paywall. NFTs create an entirely new paradigm where superfans can support an artist directly in return for ownership over a piece of their content. NFTs allow the producers of content to capture a higher percentage of the total willingness ... See more
Former executives say that a major competitive challenged emerged in the form of Instagram, which introduced 15-second video clips in June 2013. “Instagram video was the beginning of the end,” one former executive told me. “[Vine] didn’t move fast enough to differentiate.” Instagram courted celebrities with longer videos, eventually bumping the lim... See more
Community is also a large part of keeping connected fitness machines engaging; all five companies offer Facebook groups for users to discuss their workouts and find people with similar goals or stats to digitally work out with. Live leaderboards, a feature that shows where the user ranks against other people who’ve taken the same class, can also he... See more