Read Write Own: Building the Next Era of the Internet

The other side of that idea – that everyone’s a creator – is that everyone’s also an investor. Time and energy are investments, even if they’re not always monetized. With an explicit financial layer in the form of tokens, users get a material stake in the platforms they use the most. The recent ENS airdrop is a good example of how this could work, ... See more

It’s still really early, a lot of things are broken at the moment and there is a lot of speculation. But the promise is that, instead of uploading a file to Instagram servers and having it controlled by Facebook, you have it secured by your private key. And you can program its economics since you are the one who owns it and sets the rules.