S5 E11 | Onchain Release Clubs w/Yancey Strickler

On this episode of Rehash, we speak with Yancey Strickler about the problems he sees with the creator economy and why onchain release clubs are a better framing for creative and collaborative work, and we discuss what a post-capitalist world might look like. Yancey is the co-founder of Metalabel and Kickstarter. We start by envisioning what a post-capitalist world might look like and discussing how practical this model is in the world as we know it today. A lot of this part of the conversation stems from an article he wrote back in 2019 called Post-Capitalism for Realists, as well as his book, This Could Be Our Future.We more or less agree that while it sounds really nice and idyllic to live in a world where we can all pursue our passions and fully live out our values without worrying about how we’re going to make money from everything we do, the reality is that we all need money to survive, and things are expensive, and it’s therefore an unavoidable part of life (at least in the U.S. and western world) to consider how your passions or objectives can be monetized and to dispense with activities that don’t monetize or at least spend a much smaller amount of your time on non-profit generating activities.From there, we dive deeper into a conversation around the creator economy - a term that Yancey actually isn’t too fond of, and he explains why in this episode. He prefers to use a framing more analogous to release clubs or labels when thinking about creator collaboration and co-creation.Even though the creator economy is probably one of our most talked about topics on this season of Rehash, I really appreciate that each of our guests has brought a different perspective to the table. The lens through which Yancey views the creator economy is certainly a unique one, and I’d love to hear what you think after listening to this episode.Come find us on Twitter or Discord, or write us at [email protected] and let us know what you think the future of the creator economy will look like. And don’t forget to rate and review this episode on Apple Podcasts and share it with any friends or family members who you think would enjoy listening as well.COLLECT THIS EPISODEhttps://www.rehashweb3.xyz/ FOLLOW USRehash: https://twitter.com/rehashweb3Diana: https://twitter.com/ddwchenYancey: https://twitter.com/ystricklerMetalabel: https://twitter.com/Metalabel_xyz SPONSORSLens Protocol: https://lens.xyzQuests: https://rehash.quests.comLore: https://lore.xyz/rehashLivepeer: https://livepeer.org LINKSPost-Capitalism for RealistsThis Could Be Our Future TIMESTAMPS0:00 Intro5:45 Moving beyond a capitalist world14:48 Are people less competitive now?16:14 WAGMI era is long gone17:49 Creative person’s hierarchy of needs26:18 Does creator economy apply to content creators or artists?31:42 Release club vs collective35:31 Metalabel fall release40:48 How Metalabel makes money45:15 Biggest lessons learned from first 10 Metalabel drops50:21 Has individualism made us less intuitive?51:20 Individualism vs individuation53:14 Explain Your Tweet59:41 Follow Yancey DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional. DISCLAIMER: The information in this video is the opinion of the speaker(s) only and is for informational purposes only. You should not construe it as investment advice, tax advice, or legal advice, and it does not represent any entity's opinion but those of the speaker(s). For investment or legal advice, please seek a duly licensed professional.