The Third Web #2 - The Props Project by YouNow
from The Third Web Hosted by Arthur Falls
Video, mobile first, open APIs, an existing two-sided market, and a userbase already transacting digitally. The YouNow live video platform is an ideal candidate for a monetary network-based business. YouNow’s Props project aims to achieve just this. Decentralized economies will reshape digital media. Decentralized monetary networks work well when applied to existing producer-consumer networks. Today digital media is a producer-consumer network with despotic intermediaries like youtube, Spotify, existing live video sites, etc. It may be possible to build a new type of business that can compete symmetrically with these intermediaries using a monetary network. Which businesses can adopt the micro-economic business model? Two-sided marketplaces Established digital economies Network-based businesses https://www.younow.com/ https://propsproject.com/ thirdweb.net https://itunes.apple.com/us/podcast/the-third-web/id899090462?mt=2
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