The Creator Economy | Jesse Walden, Li Jin, Cooper Turley
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 1 July 2021
⏱️ 64 minutes
🧾️ Download transcript
Summary
Come learn and hear about what the Creator Economy is, and what it has in store for our industry!
Li Jin:
@ljin18
Jesse Walden
@jessewldn
Cooper Turley:
@Cooopahtroopa
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The Creator Economy
Panelists: Cooper Turley, Li Jin, Jesse Walden
The Creator Economy naturally erupts with the internet. Specialization allows creatives – artists, content creators, and everything in between – to carve out increasingly specific niches and build curated cultural communities. Art in all forms has an opportunity to blossom with the coordinative capacity of modern technology, and every active participant is inherently a creator. Smartphones and social media make everyone journalists, photographers, actors, and commentators simultaneously.
With this budding paradigm, ownership of creations is paramount. The crypto industry lends itself elegantly to this need, blending creation and ownership. Web 2 has witnessed an explosion of distributed content, but centralized platforms determine the nature of how it plays out. Crypto offers a natural evolution to the creator economy, enriching the relationship between creator and community.
This conversation takes a wide lens to the intersection of culture and the crypto industry. From MySpace to Instagram to Patreon, the ebbs & flows of internet culture and economy moves at a blistering pace. Our experienced panelists break these things down and discuss where we're going.
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Resources:
Li on Twitter:
https://twitter.com/ljin18?s=20
Jesse on Twitter:
https://twitter.com/jessewldn?s=20
Cooper on Twitter:
https://twitter.com/Cooopahtroopa?s=20
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Topics Covered:
0:00 Intro
4:30 Cooper, Li, and Jesse
7:30 What is the Creator Economy?
14:32 Evolving Creator and Community
21:31 Creator First vs. Platforms
28:35 The Internet Dream
36:16 Evolving Platforms
43:00 Sovereign Creation
47:19 DAOs and the Creator Economy
55:30 Creator Economy Platforms
59:27 Get Involved
1:02:08 Closing & Disclaimers
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, Bankless Nation, we are back in his panel time, panel time, David, are you excited |
| 0:19.4 | about panel time? |
| 0:20.4 | Dude, our last panel when absolutely fantastically was a current state of DeFi, and everyone really |
| 0:25.6 | liked it. |
| 0:26.6 | People liked the energy, people liked the speed, and people like having three different |
| 0:29.3 | takes all at once. |
| 0:30.3 | And so we are doing the same thing with a subject matter that I really want to learn |
| 0:34.1 | a lot about, which is the creator economy. |
| 0:36.3 | And so we are bringing on the three biggest experts, in my opinion, as to what the creator |
| 0:41.0 | economy is and what it's going to do for creators like us, Ryan, and also creative consumers, |
| 0:47.6 | like the bankless listeners. |
| 0:49.5 | And it's cool because this is so early, David, I feel like these experts are probably |
| 0:53.3 | the biggest experts in the world on this subject, like as of now. |
| 0:58.5 | But like everything in crypto, I mean, this is also, we're all still learning. |
| 1:02.0 | So again, it's another case of three-year-olds, teaching two-year-olds, this subject. |
| 1:07.1 | But how would you define the creator economy? |
| 1:09.5 | I know that's going to be subject number one that we asked our panelists, but what's kind |
| 1:13.9 | of your working definition of it, David? |
| 1:15.9 | Yeah, so the creator economy, I think, to some degree, starts really with the creation |
| 1:21.2 | of maybe the internet itself and web two platforms, like where a lot of content came |
| 1:26.4 | alive. |
| 1:27.4 | YouTube is a content platform, Spotify is a content platform, Twitch is a content platform. |
... |
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