Chapter
Building a Network Protocol with Tokens and Blockchain
50:05 - 55:50 (05:44)
The token and blockchain technology can help calculate the value of each person on your network and reward them appropriately, similar to the mechanism that built the PayPal network. Rockfin has some hurdles to overcome, but the bundling subscription feature could help expand its user base by building a network protocol.
Clips
The optionality of keeping tokens or cashing out for a dollar on crypto-based platforms like Rockfin can provide content creators with significant financial opportunity, and some believe it has the potential to surpass traditional methods of payment.
50:05 - 52:54 (02:48)
Summary
The optionality of keeping tokens or cashing out for a dollar on crypto-based platforms like Rockfin can provide content creators with significant financial opportunity, and some believe it has the potential to surpass traditional methods of payment.
ChapterBuilding a Network Protocol with Tokens and Blockchain
Episode#91 with Ben Askren - The UFC Star Turned Crypto Investor
PodcastMy First Million
The Rockfin network offers a bundle package where customers pay $10 to gain access to all the creators on the network.
52:54 - 53:29 (00:35)
Summary
The Rockfin network offers a bundle package where customers pay $10 to gain access to all the creators on the network. The payout can be in tokens or cashed out.
ChapterBuilding a Network Protocol with Tokens and Blockchain
Episode#91 with Ben Askren - The UFC Star Turned Crypto Investor
PodcastMy First Million
Tokenization and the use of blockchain technology can provide a protocol to calculate the value of each person on the network and reward them appropriately.
53:29 - 55:50 (02:21)
Summary
Tokenization and the use of blockchain technology can provide a protocol to calculate the value of each person on the network and reward them appropriately. Tokenization can be seen in platforms such as Reddit where users earn tokens for posting and having upvoted content, and the tokens can be used to buy ads and other streams.