Minting Is the Native Business Model for Web3

While creators and developers ultimately require true ownership in the platforms on which they rely to make a living, we also hold that, in today’s world, the frictionless flow of money from audiences to creators is table stakes for any sort of meaningful adoption and success, and it is

This is the story of how the web2 internet broke the business model of media, and how the advent of web3 signals a disruption to that business model that tilts the scales in favor of creators. Without native monetization methods built into the web2 internet, the predominant business models were opaque, advertising-based, and dependent on closed-gar... See more

I’m dubious that much else of Web 2 will survive the hop to Web 3, either from the tech or consumer point of view. The one thing I’m absolutely convinced will have to exist for Web 3 to succeed is effective and natively on-chain attribution that gives NFTs and other virtual goods their due (and gets their owners paid).