Chapter
The Paradox of Open Content
10:37 - 16:02 (05:25)
The current landscape of social media and content creation relies on monopolizing content to show ads, meaning that apps like cloud feed or diamond app that charge fees to enable creator earnings are in the minority.
Clips
Facebook and Twitter monopolize content in order to show ads and maintain their bottom line.
10:37 - 12:10 (01:32)
Social Media
Summary
Facebook and Twitter monopolize content in order to show ads and maintain their bottom line. This forces them to keep content with them and limit other companies from building apps on their platforms.
ChapterThe Paradox of Open Content
EpisodeThe Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why.
PodcastMy First Million
The question of how to make money from open content can be solved by charging small fees for apps that enable creators to build and iterate new experiences.
12:10 - 16:02 (03:52)
Open Content
Summary
The question of how to make money from open content can be solved by charging small fees for apps that enable creators to build and iterate new experiences. Furthermore, people can earn from a coin associated with their profile that can be bought or sold by anyone.