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3 weeks ago
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Surprise! The Future of Media Involves a Crypto-Based Popularity Contest

On one level, Mirror is a simple blogging platform like Substack or Medium. But it also offers an ever-expanding suite of crowdfunding tools made possible by blockchain technology that pushes the act of raising money on the Internet into psychedelic new shapes. Through “Crowdfunds,” a writer can issue financial backers a custom token that gives them fractional ownership of an essay—and a future cut of the proceeds if the writer decides to auction it off as an NFT. A creator can automatically route a share of any revenues to a collaborator, using a “smart contract” tool called “Splits.”

Relevant: mirror.xyz