When Web3 Met the Creator Economy
Web3 shows promise for all industries in some form or another, but what does it have in store for the creator economy? The creator economy is made up of 50 million people creating intellectual assets of all types. The problem is that content creators around the globe are forced to use centralized platforms which dictate […]
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NFT Steez chats with Web3 advocate Julie Plavnik to discuss the concepts of self-sovereignty and digital identity in Web3-based creator economies. On Oct. 28, NFT Steez, a bi-weekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Web3 content writer, Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3. Plavnik references author Gavin Wood when describing Web3 and says that “communication” is a core tenant in the subsequent iteration of the internet. “Web3 is the communication of encrypted channels between decentralized....
The past, present and future of the creator economy: Looking back at the past is a great way to get real insights into what is happening today and why exactly in that way. Does the term “creator economy” make you think of some idealistic environment where creativity, authenticity and passion are key values? Where true Michelangelos and da Vincis drive progress through their talents without struggling for food and proving themselves all their lives to get a chance to be recognized posthumously? If so, I’m with you.Though creativity has existed as long as humanity, we started to discuss it....
If you are a creator who is operating online, you’re likely stymied by many challenges that are part of the creator ‘framework’ that exists today. Meanwhile, the audience of content consumers seems to be ever-growing, and the ‘creator economy’ has become ever-present. Emerging platforms, such as Substack or Patreon, have laid a foundation for creator-first […]
Cointelegraph explored Web3 creator economy protocol DEIP’s metaverse in an online event last week. A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city and explore an early version of the vision that it aims to achieve.Last week, Web3 creator economy protocol DEIP launched an event within its metaverse. With DEIP CEO and co-founder Alex Shkor acting as a virtual tour guide welcoming participants with a speech, Cointelegraph explored the city while listening to the guide. Exploring the DEIP metaverse city.In....
From NFTs to the metaverse, decentralization is making its way across the creator economy. With the rise of Web3, what lies ahead for creators in 2022? From video game enthusiasts monetizing their passions as shout casters to fashion influencers supercharging their careers into livestreamers on e-commerce platforms, the creator economy flourished, evolved and matured in the past year. Largely catalyzed by the ongoing COVID-19 pandemic, contemporary creators benefited from the gradual shift in consumer behaviors as more people came online across the globe. Now valued at over $100 billion,....