I argue that blockchain technology enables the development of such a distributed network to succeed with much better odds, as monetary value and network effects

I argue that blockchain technology enables the development of such a distributed network to succeed with much better odds, as monetary value and network effects are intertwined. Traditional software products whose success relies on network effects often require enormous sums of money to get up and running, with the promise to somehow extract profit from the users at some point in the future. Blockchain tech allows those kinds of products to succeed without the implicit agreement that your (as a user) data will be siphoned and monetized however the company sees fit. In fact, the owners of valuable content/contributions can be rewarded fairly.