A half-baked idea: NFT for writers

Another benefit of NFTs is that they turn digital media into public goods with pseudonymous ownership. A digital media file that’s minted as an NFT can be read by everyone, but owned as a collectible by a single entity. This provides a new monetization channel for digital media without limiting growth by putting content behind a paywall.

the media world is addicted to sequels and reboots because it’s risky to market new intellectual property. Media companies need to spend tens of millions of dollars to promote new stories. It’s safer just to recycle proven material. But what if fans really could be owners, and media companies could harness their energy to help create and evangelize

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A digital file, when intersected with the ubiquity and scale of the internet, can be “seen” by anyone. NFTs push the notion even further. By adding to the ideas of abundance and scale those of passionate distribution, patronage, the day-one fan and, yes, ownership. Concepts associated with scarcity, now distributed out to the abundant world at larg... See more