Firehose #190: 🎸 Creator equity. 🎸

platforms and networks built on the rails of blockchains are able to distribute tokens of ownership to anyone they wish, whether they’re a founder, a full-time employee, or a valuable community member. Imagine if Bandcamp had been a Web3-native company — could part of the proceeds from its recent sale to Epic Games have been distributed to the arti... See more

Harry Stebbings, Founder of The Twenty Minute VC and 20VC fund, says, "Seeing more value captured by users, both individually and collectively, is one of the most exciting aspects of Web3. It removes intermediaries from traditional Web2 aggregators and gatekeepers, which is key for the democratization of income creation in the digital world."

Web3 is pushing from several angles to make creators less dependent on platforms, and expanding the way creators can generate upfront financing would be a key way to do that.