How the Metaverse May Revolutionize the Creator Economy

2 years ago

The emerging Web3 ecosystem aims to alteration the mode creators prosecute with their audiences and physique concern models. While Web1 was read-only, Web2 opened the doors for user-generated “write” contented and created the model for robust integer interactions. Web3, if it works arsenic envisioned, volition grow connected these foundations by allowing net users to read, constitute and ain their data, moving powerfulness distant from centralized entities and toward idiosyncratic users.

This caller imaginativeness of the net puts privacy, decentralization and ownership astatine the forefront and focuses connected restoring prime and agency. Yet, galore of these ideals person been stifled by messy execution and stubborn powerfulness structures that proceed to negociate our integer behaviors. And arsenic developers and users strive for an unfastened metaverse – a shared, decentralized, immersive integer realm – questions astir proprietorship and interoperability remain.

This nonfiction is excerpted from CoinDesk’s inaugural Consensus @ Consensus Report, the merchandise of intimate, curated radical discussions that took spot astatine Consensus 2023. Click present to download the full report.

Further, of the 168 Consensus attendees who answered an physics survey, participants were divided connected who volition really ain the metaverse: 40% voted that megacorporations similar Meta volition instrumentality charge, portion different 40% voted that everyone oregon nary 1 volition laic assertion to a unified integer world. Only 19% of participants believed that aboriginal adopters with tegument successful the crippled would ain the metaverse.

So, what does this mean for the idealistic imaginativeness of a creator-first integer system and a Web3 ecosystem built connected decentralized technology? What are the optimal concern models enabled by Web3 technology? And which azygous benignant of creator contented volition pull consumers to the metaverse?

If you privation a shared, interoperable metaverse acquisition it has to statesman with a idiosyncratic basal that wants to share…

Click present to download the afloat Consensus @ Consensus report.

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