The price of payments
After a decade of inaction, web2 platforms have finally woken up to the need to help their creators make money. This was instigated by TikTok’s $2B Creator Fund, but has resulted in dozens of similar funds and new features across Snap, Instagram, YouTube, Pinterest, and even LinkedIn.
Meanwhile, web3 platforms are pioneering a new form of monetizat... See more
Justine Moore • Who will own the creator economy? A web2 vs. web3 showdown
The take-rates of web2 giants are extortionate; web3 platforms offer fairer economic terms.
a16zcrypto.com • Introducing the 2022 State of Crypto Report
The most powerful layers of distribution, payment and production remain entangled in oligopolistic platforms where the platform’s owners – not the creators fueling those systems profit the most.
Coindesk • A New Era of Media Begins With Tokenization
What does it even mean to co-own a community? To make this concrete, suppose you're a YouTuber named Jimmy with 10,000 fans. Instead of asking fans to pay to subscribe to your YouTube channel (letting YouTube take 30% of your revenue in the process), you ask them to buy and hold $BEAST tokens.