November 22, 2021
tl;dr: creator DAOs have the opportunity to create better incentives between creators and fans leading to improved discoverability, more accessible creator resources, and shared financial upside through ownership.
Last week Instagram, Facebook, and What’s App went down with many in web3 roaring for decentralization. Earlier this week, Pomp’s YouTube channel was deleted (and later reinstated) without warning with the reason being ‘encouraging illegal activities. Pomp’s comment section and quote tweets echoed the same roars from the previous week around the need for decentralization. A completely decentralized platform isn’t the answer for creators (yet), but a decentralized autonomous network (aka DAO) is the answer to aligning incentives between creators, their fans, and the platforms utilizing their content.
Join 200+ subscribers for a weekly download on creators and the creator economy