User Trusts: Broad-Based Ownership for Online Platforms

I think what’s more interesting about Web 3 and the angle that I would love to explore more is, in so far as it serves as a vector for allowing platform participants to become the owners of the platforms themselves.

As user participation becomes evermore mainstream and complex, the next step is platforms that are not only built, operated, and funded by users—but owned by users too.

Web3 protocols have an opportunity to do things differently, owing to the fact that they can distribute tokens to turn their users into owners, empowering them to govern the platform in alignment with their continued interests.

Because Braintrust relies on a protocol for things that humans might do in a normal marketplace, and because it can pay for work that other marketplaces would need to use cash for with tokens, it can keep fees lower (but will need to make it up by giving away ownership). Giving away ownership might actually create more long-term value, because thos... See more