Creators, Communities, and Crypto — Fred Ehrsam

Fred: One other dimension people might under-appreciate is how automated getting paid for various actions on the internet might become as crypto proliferates. If you're an influencer on Instagram, currently you do various paid partnerships directly with a brand. In the future, it might just be you take a picture with a product in it, irrespective o... See more

And that’s a pretty exciting idea because it means that creators on the internet, everyday people who use internet products and services, will be able to earn more of the value that they contribute to those products. That’s because cryptocurrencies make it possible to distribute that value at internet scale instantly, to anyone, anywhere in the wor... See more

Say I was watching Emma Chamberlain in 2017, loved her YouTube content, and wanted to support her. In this theoretical example, let’s say she had a creator token and I bought some not only because I was such a fan, but also because I believed her popularity would continue to grow and I wanted to share in the upside.