Bowie Bonds as Early Creator Tokens

Some might ask: “Why not just buy a normal subscription to the NYT and also get some stock?” It’s a fair point, and the short answer is that this model is even more powerful for smaller media companies that aren’t public yet and have no existing way to allow early subscribers to benefit from future growth. The long answer is that tokenization of th... See more

“Individual creators have the option of either tokenizing their work or not – if people feel uncomfortable with that, they can continue carrying on with their current behaviors,” Jin said. “But even though it’s not explicit today, there is already this implicit financialization of your work.”

music producer 3LAU just sold the first tokenized music album, an NFT version of his album, Ultraviolet, for $3.6 million. The NFT is also redeemable for additional perks such as a customized song. Again, it’s possible for creators to tie directly economic flows to these items, enabling holders of assets to receive revenue from the project as it la... See more