The Advantages of Webย 3.0 Social Platforms for Creators
Li Jin, co- founder and general partner at Variant VC, has extensively discussed the advantages of Webย 3.0 social platforms for creators. Stani Kulechov, founder of Aave and key figure in the development of Lens Protocol, shares similar sentiments.
Exploring the Problems with Existing Social Media
In this episode, Li and Kulechov delve into the issues plaguing theย present social media landscape. They highlight the opportunities that arise with the emergence of Webย 3.0 social platforms like Lens Protocol.
Empowering Creators
One of the key advantages of Webย 3.0 social is the complete control it gives creators over their business models. Inย contrastย toย traditional social media, Webย 3.0 platforms allow creators to have autonomy and ownership over their content and monetization strategies.
Opportunities for Webย 3.0 Social
Webย 3.0 social platforms provide newย doors for creators to thrive. They enable greater financialization of social media, community ownership, and the concept of a โliquid citizen.โ With Webย 3.0 social, creators can engage in investing and tokenization, further expanding their monetization options.
Lens Protocol: A Game-Changing Platform
Lens Protocol, developed by Stani Kulechov, is a prime example of a Webย 3.0 social network. It intendsย to address the limitations of existing social media platforms and empower creators with innovative features and a community-driven approach.
Hot Take
The rise of Webย 3.0 social platforms presents a transformative opportunity for creators to regain control over their content and monetization. By embracing this new paradigm, creators can shape futureย ofย the social media and unlock unprecedented potential.
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