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Self-sovereignty in the creator economy and Web3 — Is there room for both?

On Oct. 28, NFT Steez, a biweekly Twitter Spaces hosted by Alyssa Expósito and Ray Salmond, met with Web3 content writer Julie Plavnik to discuss the importance of self-sovereignty while building a digital identity in Web3.  Plavnik referenced author Gavin Wood when describing Web3 and said that “communication” is a core tenant in the subsequent iteration of the internet. “Web3 is the communication of encrypted channels between decentralized identities,” Plavnik affirmed. According to Plavnik, the emerging concept of Web3 placed a magnifying glass on user data and ownership, especially concerning the creator economy. Plavnik described the creator economy as a place with “no entry barriers or casting.” During the show, Plavnik explored how users are coming around to the notion that the...

Discord Testing Subscription Feature Allowing Creators to Monetize Their Servers

Discord is introducing monthly subscriptions to its service, initially with a pilot program for select creators. The subscriptions, which have been dubbed Premium Memberships, are designed to support Discord servers – digital conversation hubs that connect Discord users via audio, video or text – and the creators who lead them. Creators have the option of dividing memberships into tiers, with each tier boasting unique pricing (subscriptions can range from $2.99 to $99.99 a month) and perks. Creators will also have access to analytics to see how their memberships are performing. Long before this announcement, which was made Tuesday, Discord creators had been figuring out ways around the lack of a subscription feature on the platform, including by tokenizing communities as well as selling ac...