Decentralized Media In web3 Is Not What You Think It Is

Jarrod Dicker, Partner at TCG, comments, "What Web3 really does is it unlocks the possibility for creators to offer more. If we take newsletters as an example, the concept in Web3 becomes 'why subscribe when you can invest?' In the case of Mirror.xyz, you now have the opportunity to invest at the earliest stages of a publication in exchange for a t... See more

All of this is not to detract from Mirror's inventive model. And building these communities the right way is hard. The platform is clean and easy to use, and the idea of "Medium, but make it crypto" is appealing to everyone in cryptoland who believes Web 3.0 models can help fix the existing broken monetization system for digital content.

Web 1.0 didn’t create a strong way to expose reputable content, but it completely democratized content creation, distribution, and monetization.