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RE: The Future: Creator Economy

in LeoFinance4 years ago

We are entering the Age of the Entrepreneur and blockchain will be the mechanism that makes that happen.

Blockchain will eliminate the middlemen, which will allow all types of entrepreneurs to emerge -- many of those will be content creators, as you describe.

However, it will not stop there. The ability to reduce transactions costs to near zero through blockchain and Web 3.0 (coupled with the elimination of middlemen) will enable entrepreneurial action at a level the world has never known before.


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The elimination of 3rd parties is one of my favorite aspects to this entire movement. I understand 3rd parties have been necessary throughout the ages and I understand why, but they've also been a severe hindrance and these days, more often than not, exist solely to get a piece of action someone else earns. This is one of the biggest advancements as far as I can see.

They extract a huge toll economically. For providing the service, a lot of money is taken out. This was okay when there were no other options but the fact that it is being eliminated means a lot of money is freed up for other purposes.

We need to keep pushing this forward.

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Couple that with the future potential of AI being able to rapidly create code for any idea that one has and it materializes as an application, and we could see a massive explosion in what humanity creates.

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