Minting Is the Native Business Model for Web3 (and maybe AI too)
AI summary of the linked articleThe author argues that minting, the act of collecting a work by paying a small amount for a copy, is a native business model for Web3 and could also help with AI. Zora is cited as an example, where liking a post means minting it, sending the creator a tiny payment and giving the collector an owned copy. The author says that if a creator gets a thousand people to do this, they make a nice amount of money, and that collectors build data sets they own on the blockchain. The author proposes that such collections could later train open-source AI models that people run on their own phones, and says the author's blog already offers a Collect button using the same mechanism. |
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2 comments Has anyone seen a good UX for collecting tiny things like articles I can do the whole process of minting for pieces of art, songs. But for articles that I like, I feel it should be cheaper and faster. I think mirror has it figured out quite nicely with minting on Optimism. But frankly I kinda don‘t get why people are doing this… |
