TechCrunch Startup News

Own, a new social media app, aims to tokenize the creator economy

Jun 19, 2025
Discover Own, a groundbreaking social media app that aims to revolutionize the creator economy. Built on blockchain technology, it offers a low commission structure, ensuring creators earn fairly regardless of their follower count. The platform's unique voting system empowers users to have a say in content visibility, making it a game-changer in the social media landscape. Tune in to learn how Own is setting new standards for equitable pay in digital content creation.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Own's Decentralized Social Model

  • Own is a decentralized social media app combining short videos, text posts, images, and direct messaging in a swipable feed.
  • It aims to disrupt the market by leveraging blockchain and token economics for creator monetization.
INSIGHT

Global Creator Monetization

  • Content creators earn OWN tokens based on video engagement without follower or post count minimums.
  • This opens monetization to global creators who often lack platform support because of location.
INSIGHT

Token Buyback Ensures Sustainability

  • OWN tokens are bought back from exchanges using platform revenue to maintain buy-side demand and ensure long-term price resilience.
  • This creates a sustainable token economy benefiting creators and the platform.
Get the Snipd Podcast app to discover more snips from this episode
Get the app