4 months ago
According to Andrea Lerdo, a manager astatine the art-supporting organization, Palm Foundation, Web3 enables creators and artists to not lone workout power implicit their contented but to link with their respective audiences successful a mode not imaginable connected accepted platforms. For artists who person already carved retired a niche successful the Web2 space, “Web3 offers thing Web2 can’t – existent ownership.”
Barriers Blocking Creators From Entering Web3
Lerdo, however, acknowledged that galore tiny creators seeking to unshackle themselves from the “constraints of algorithms and opaque level policies” by venturing into Web3 mightiness brushwood important challenges. For instance, artists attempting to dabble with non-fungible tokens (NFTs) whitethorn beryllium overwhelmed by the tech’s complexity oregon the archetypal costs.
To assistance marque artists’ modulation to Web3 little daunting, the Palm Foundation manager urged players successful this abstraction to “provide accessible platforms, little introduction costs, and a supportive network.” She said doing this not lone ensures artists’ occurrence but besides levels the playing field.
In her written answers sent to Bitcoin.com News via Telegram, Andrea Lerdo touted decentralized autonomous organizations (DAO) arsenic 1 mode artists tin “incredibly” empower their respective communities. She argued that erstwhile these are decently acceptable up, DAOs tin assistance nurture “a assemblage wherever everyone feels valued and heard.”
Below are the Palm Foundation director’s answers to the questions sent.
Bitcoin.com News (BCN): What makes you judge that creators and artists who already person a instrumentality basal connected Web2 societal platforms and are making bully wealth privation to pat into Web3 to enactment their art?
Andrea Lerdo (AL): Web2’s fanbase is controlled by centralized platforms similar Meta oregon Tiktok, and mostly babelike connected advertisement and algorithms to presumption their brand. Any alteration successful the algorithm tin importantly impact adjacent the astir fashionable Web2 influencers.
For creators who’ve already carved a niche successful the Web2 space, moving to Web3 isn’t conscionable astir continuing what they’re doing; it’s astir revolutionizing it. Web3 offers thing Web2 can’t – existent ownership. Having power implicit your contented and connecting with your assemblage connected a level that’s conscionable not imaginable connected accepted platforms. We’re talking astir nonstop revenue, personalized integer assets similar NFTs, and, astir importantly, breaking escaped from the constraints of algorithms and opaque level policies. It’s a game-changer for creators who privation much from their integer presence.
BCN: Whether it’s sports franchises similar Major League Baseball, NASCAR and WWE, oregon amusement companies Netflix and Warner Brothers, a batch of large brands person been playing astir with NFTs. The smaller artists don’t person the resources of large brands. What are the biggest challenges that tiny creators look erstwhile exploring NFTs and however to code them?
AL: Absolutely, the disparity successful resources betwixt tiny creators and large brands is stark. For these artists, stepping into the NFT and blockchain satellite tin beryllium overwhelming – the tech tin beryllium complex, the archetypal costs daunting, and the market, oh, it’s crowded. But here’s the thing: acquisition and assemblage enactment tin marque a difference. If we tin supply accessible platforms, little introduction costs, and a supportive network, these artists tin not lone participate the abstraction but genuinely thrive successful it. It’s astir levelling the playing field.
BCN: Can you archer america however your level helps originative communities successful Web3 to research caller possibilities successful the integer creation landscape?
AL: Palm Foundation is committed to democratizing creation and technology, fostering creativity, and supporting artists. aims to empower and elevate historically marginalized originative communities successful web3 by endowing captious education, providing opportunity, and amplifying the enactment of divers creators connected the Palm Network. On the acquisition side, we person the Palm Academy which is simply a unsocial e-learning level focused connected Web3 education.
Unlike accepted integer academies, Palm Academy offers courses connected topics similar AI, art, business, and activism, catering to some beginners and professionals. Beyond conscionable learning, students gain “Proofs” — non-transferable tokens that correspond their achievements and contributions. Through initiatives specified arsenic ‘Calls for Art,’ whether internally oregon with partnerships, and grants for the champion last projects of the courses astatine the academy, Palm Foundation seeks to make opportunities for artists to thrive and win successful the integer age.
And now, The Foundation is launching the Palm Collective Tool that volition alteration creators to self-organize: leveraging a purpose-designed, open-source, on-chain governance as-a-service tool. Our imaginativeness is to empower individuals & communities to marque decisions collectively, to negociate their resources; to usage their voice, to make affirmative change, and to signifier self-determination.
BCN: Currently, creators with large Web3-native ideas person to make customized products by themselves oregon wage a Web3 steadfast to bash that. What bash you deliberation needs to beryllium done to trim barriers to introduction and bash you judge that the Web3 ecosystem is moving towards no-code?
AL: The existent request for customized improvement successful Web3 tin beryllium daunting for creators. However, the aboriginal lies successful democratizing this space, which is wherever no-code platforms go pivotal. These platforms volition alteration creators to instrumentality their Web3 concepts without extended method know-how, fostering a much divers and innovative community. The modulation towards user-friendly, no-code solutions is important for a much accessible and vibrant Web3 ecosystem.
And that’s precisely what we privation to supply with the Palm Collective Tool.
The Palm Network initially had a PoA (Proof-of-Authority) mechanics that offered faster and cheaper transactions, but you’ve been migrating to zkEVM. Why?
The Palm Network initially utilized a Proof-of-Authority (PoA) mechanics to facilitate faster and cheaper transactions. This attack was effectual for its archetypal goals, but the web has been migrating towards becoming a Polygon ZK Supernet, a process that involves a two-step migration.
The archetypal measurement successful this migration happened successful August 2023, involving transitioning from the PoA mechanics to a Proof-of-Stake (PoS) chain. This alteration aims to heighten the network’s information and decentralization portion maintaining efficiency.
The 2nd step, planned for 2024, volition modulation the web into a ZK Supernet. This determination is peculiarly important arsenic it volition greatly standard the network’s capacity. The usage of zero-knowledge proofs (zkEVM) successful the ZK Supernet is simply a cardinal origin successful this transition. ZkEVMs are known for their quality to heighten scalability and privateness portion maintaining Ethereum compatibility. This makes them highly businesslike for processing analyzable operations, specified arsenic those progressive successful minting, trading, and collecting NFTs.
By becoming portion of the Polygon Supernets ecosystem, the Palm Network aims to marque NFT-related activities much accessible, benefiting from Polygon’s precocious speed, security, and scalability features. The determination to zkEVM is frankincense a strategical measurement to align with the increasing demands successful the realms of creators, sports, and entertainment, ensuring that the web remains competitory and susceptible of handling accrued transaction volumes and analyzable operations with improved ratio and security.
BCN: When 1 talks of communities successful Web3, decentralized autonomous organizations (DAO) thin to go a portion of the conversation. Does it marque consciousness for idiosyncratic artists and creators to signifier a DAO oregon sub-DAO to assistance govern their communities?
AL: When we sermon communities successful the Web3 space, DAOs (Decentralized Autonomous Organizations) often travel up, and rightly so. The thought of DAOs resonates profoundly with the ethos of Web3 – decentralization, corporate governance, and shared ownership. Now, for idiosyncratic artists and creators, the conception of forming a DAO oregon a sub-DAO to negociate their communities tin beryllium incredibly empowering.
Think of it this way: artists traditionally person had a one-way narration with their audience. But successful a DAO, this dynamic shifts. It becomes a collaborative, interactive assemblage wherever members, not conscionable the artist, person a accidental successful cardinal decisions. This could beryllium astir the absorption of the artist’s work, merchandising, exclusive contented releases, oregon adjacent community-driven projects.
For creators, this exemplary doesn’t conscionable physique a community; it creates a consciousness of belonging and concern among the members. However, it’s important to enactment that DAOs necessitate a level of committedness and knowing of however decentralized governance works. It’s not conscionable astir mounting it up; it’s astir nurturing a assemblage wherever everyone feels valued and heard.
So, does it marque consciousness for idiosyncratic artists to signifier a DAO? Absolutely, if they’re acceptable to clasp a much inclusive, antiauthoritarian attack to assemblage engagement. It’s a measurement towards redefining the creator-audience relationship, making it much dynamic, interactive, and mutually beneficial.
What are your thoughts astir this interview? Let america cognize what you deliberation successful the comments conception below.
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