Digital Platform Economies: Web 3

This panel conversation was part of a recent event hosted by the Platform Economies Research Network (PERN), in collaboration with the ARC Centre of Excellence for Automated Decision-Making and Society. The event titled 'Digital Platform Economies: Value from data?' was held at the New School in New York City on 24-26 April 2024. This session examines how economies and economic objects are designed in Web3. These digital economies arise through the deployment of socio-technical mechanisms (e.g., blockchain, contracts) and financial investments in digital assets (e.g., NFTs, ‘unreal’ estate). At the same time, digital communities capitalize on NFTs and tokens to build forms of self-governance and realize economic benefits. Much of the Web3 economy rests on the simultaneous construction of digital worlds and digital economies that mirror but don’t necessarily translate to non-digital forms of value and modes of exchange. The design of these digital economies involves processes of assetization, commodification, and financialization. The session examines the following questions: How are Web3 digital economies designed? What processes, infrastructures, and practices are implicated in these designs? What forms of ‘new’ value are emerging? What forms of value are increasingly irrelevant? And what methods are applicable to the examination of these domains? Featured in this conversation is ADM+S researchers Fabio Mattioli, Dr Kelsie Nabben, Prof Ellie Rennie, Kean Birch from PERN, and moderated by Prof Janet Roitman, co-founder and director of PERN. Learn more about this event: https://www.admscentre.org.au/digital-platform-economies-program/