2 ms·
Not just disintermediation: the author sees tokens as the only way to capture surplus value (contrasted to a pittance of tips from Bandcamp). But despite this,
by readflaggedcomm 5y ago
Not just disintermediation: the author sees tokens as the only way to capture surplus value (contrasted to a pittance of tips from Bandcamp).
But despite this, they somehow forgot to mention crowdfunding. Like raising money for an album ahead of time, which is precedented. Strange omission considering the strong similarity to venture funding, which is mentioned. Though I guess that usually doesn't include a way for third parties to cash in...