5min chapter

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Christine Kim | Innovation and Opportunities in Web3

Greymatter

CHAPTER

Web Three and the Creator Economy

The creator economy really refers to an industry and a movement that allows individuals and creators to monotize their creative talents. With web three, there is a concept of owning the piece of the content, right? Cause the video or the photo that you put up could be an f t. Someone could actually want to own that, then maybe they'd decide to sell that. And so as this content gets exchanged through hands, maybe creators would get a royalty every time that happens. There's no real financial or economic structure that exists that in web two. You're basically going to have technology that displaces some intermediaries from those who can stand to benefit from these new rules.

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