Work is changing. The old structures that dominated the 20th century are gradually being replaced by platforms and cultures that have grown up on the internet that aim to help people do what they love for a living. Li and Nathan unpack this new passion economy in a weekly conversation with guests at the forefront of this change.
How Crypto Projects Like Loot are Rewriting the Playbook for Building Communities
The hype around crypto-native communities such as Loot and Nouns DAO have taken over all our Twitter feeds. But how do these communities arise and gather momentum?
Our guest this week, Patrick Rivera, gives us an inside look into the social and financial motivations driving some of crypto’s most prominent communities. Being a part of these communities is so compelling, because according to Patrick, they are “a combination of a social hangout spot, an intellectual challenge, and a way to make money.”
Patrick’s position has helped him get in early on these trends, and understand the importance of being a part of these communities from day one.
He is a Product Engineer at Mirror—a crypto native creative suite, with crowdfunding & publishing tools for creators. Mirror is backed by some prominent investors such as a16z, USV, Variant Fund, and Li herself!
At Mirror, Patrick’s role involves working very closely with creators to design and ship new features & launch new crowdfunding campaigns.
We spoke about how Mirror is powering the convergence of crypto and the creator economy, and how crypto-native projects are rewriting the playbook around raising capital and launching products. Patrick believes that more projects will take this decentralized, bottom-up approach in the future—giving everyone the opportunity to invest in projects they care about, right from the get go.
We hope you enjoy this conversation with Patrick as much as we did!
Understanding The Culture and Commerce Driving NFTs, with Kyle Chayka
The creator economy is in constant flux, with DAOs and NFTs currently having taken centre stage. Our guest this week, Kyle Chayka, is uniquely positioned to understand these shifts. As a writer covering technology and culture, he is simultaneously involved in three very different worlds:
He is a contributing writer at The New Yorker, a legacy media organization, he writes his own newsletter Kyle Chayka Industries on Substack, and he also publishes a newsletter about entertainment called Dirt, which he crowdfunded by selling NFTs via crypto publishing platform Mirror.
Kyle's first-hand experience publishing his work through legacy media, centralised platforms, and decentralised networks made for a really insightful conversation!
We spoke to him about:
How platforms exercise control over their creators and users today
His own experience launching an NFT powered newsletter;
The commercial incentives and cultural dynamics powering DAOs
How algorithmic platforms mediate culture
We hope you enjoy this conversation with Kyle as much as we did!
Building a Driver-Owned Alternative to Uber and Lyft
Jason Prado, Head of Product at the Drivers Cooperative,
is bridging the gap between labor and capital
Playing Games to Earn a Living in the Metaverse
Within traditional games like RuneScape and World of Warcraft, there have always been vibrant economies where players buy, sell, and exchange in-game assets. But these traditional games are also closed ecosystems—none of them let players transfer assets across different games or exchange their in-game assets for money.
Blockchain-based games totally disrupt this model. Not only do they make in-game assets transferable across games, they enable players to sell these assets for cryptocurrencies like Ethereum or fiat currencies like the US dollar. This has caused a radical shift—unlike traditional games, players can actually earn a sizable income by playing blockchain-based games. And this is not something that is restricted to early adopters in the developed world—many players in the developing world are earning more than the minimum wage in their own countries.
Gabby Dizon, the co-founder of Yield Guild Games, is at the forefront of this play-to-earn movement. Yield Guild Games helps players by financing their entry into blockchain-based games where they can start earning an income by playing video games.
In this conversation, Gabby helped us understand just how significant of a shift this is and how a play-to-earn model will help foster an emerging creator middle class. We also spoke about:
- The metaverse, and enabling upward social mobility through blockchain based games
- The details of the play-to-earn model of gaming and why it is important for developers and players
- Gabby’s own NFT collection, and the psychology powering in-game economies
We hope you enjoy this conversation with Gabby as much as we did!
Music by Keizo Fish
Inside the Longform Content Game at Twitter
here’s a shift afoot at Twitter. The long-time microblogging platform has recently made a series of moves to position itself beyond just tweets, including acquiring the newsletter company Revue and introducing tools to help creators make money on the platform.
When Twitter acquired Revue, the company declared that it was making a “better home for writers,” apparently doubling down on its mission to help people create and share content with a plugged-in audience. But are we ready for longform Twitter?
Nick Sallon, Twitter’s Head of Longform Content, thinks so. We recently talked to him about all these changes at the company. We also discussed:
Revue’s editorial philosophy
Twitter’s value proposition to writers
The archetype of a Twitter-native creator
Twitter’s longform content strategy going forward
We hope you enjoy this conversation with Nick as much as we did!
Music composed by Keizo Fish
Jarrod Dicker Is Thinking A Lot About ‘Web 2.5’
In this week’s show we’re welcoming Jarrod Dicker, a partner at TCG who helps drive their investments in blockchain, cryptocurrency, and technology that connects creators with fans. He was previously the Vice President of Commercial Technology and Development at the Washington Post and the CEO of blockchain startup Po.et.
Jarrod has been at the forefront of creator communities and consumer crypto trends for a long time. In this conversation, we talk to him about how he’s currently thinking about investing in the consumer crypto space or what he calls ‘Web 2.5.’
We also discuss:
His popular essay on Substack vs DAOStack
Whether or not media organizations should be constructed as DAOs
How creators and creator platforms can be more decentralized
We hope you enjoy this conversation with Jarrod as much as we did!
Theme music by Keizo Fish
Must listen for Creators
Li and Nathan are the best. I enjoy the episodes very much. Their insights into the current state and the future of creator economy is spot on.