Creator DAOs:

So how is this different from crowdfunding like Kickstarter or membership platforms like Patreon? These three frameworks have plenty in common, most importantly, the goal of making it possible for more people to make stuff. But the main difference that a Creator DAO provides is the notion of ownership. You are not simply supporting a project. Throu... See more

But there was an obvious and inherent contradiction. If the Huffington Post was getting more financially valuable, and a major reason for that increase were the massive contributions of its motivated community, why were the members paid only in badges and not in money? When HuffPo sold to AOL, the investors got rich, the community got nothing.

It’s slow and expensive, for instance, to reward a small contribution to a traditional company with an equity grant. But tokens make it easy and inexpensive.

Incentive mechanisms have always been critical to build a healthy, highly participatory community of any kind. But historically, these systems and incentive mechanisms have been fractured and separate across spheres. We’ve had political systems for organizing participation in mass movements. We’ve had corporations and other financial structures for... See more

Web2 communities were built on intrinsic incentives. Web3 communities will take the intrinsic mechanisms of Web2 and meld them with extrinsic incentives,

When The Huffington Post looked to grow participation on their platform in 2010, they introduced the behavior of badging. Seemingly simple, badging was responsible for the growth of The Huffington Post over any other participatory tool or tactic because the intrinsic benefits tied to the community’s status and identity encouraged engagement on plat... See more

By broadening the motivations for someone to assist early-stage and/or independent creators, Creator DAOs open up new opportunities outside of existing businesses and infrastructures.