Understanding The Culture and Commerce Driving NFTs
"I like the idea of culture being more valuable and more people being able to profit from their taste" - Kyle Chayka
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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!
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