A note from Daniel

In the case of ad-supported media, the advertiser is the customer and source of the money flow, and users are a complementary layer to be squeezed. People give up their attention and personal data in exchange for network access. Protocol and blockchain networks, in contrast, have low take rates and therefore allow value to flow to users, creators, developers, and other network participants. They squeeze the balloon in the middle, to the benefit of the network edges.

Daniel Read Write Own, page 124 · March 6, 2024 Save to shelf
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