How NFTs change creator economics
- removing rent-seeking intermediaries. The logic of blockchains is once you purchase an NFT it is yours to fully control, just like when you buy books or sneakers in the real world.
- enabling granular price tiering. In ad-based models, revenue is generated more or less uniformly regardless of the fan’s enthusiasm level. Crypto’s fine-grained granularity lets creators capture a much larger area under the demand curve.
- making users owners, thereby reducing customer acquisition costs to near zero.
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Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
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