Zack Guzman, founder of Trustless Media and host of Coinage, shares how he's using Web3 technology to transform the relationship between creators and their audiences through a community ownership model. He shares the inner workings of the Trustless Media model, and explains how their NFT holders aren't just subscribers, but rather co-owners with voting rights on content direction and the ability to receive patronage dividends from the outlet's success.
Key Takeaways:
- How Coinage helps audiences co-own the media they can consume
Ways NFT holders can vote on content direction, guest selection, and other key decisions as part of the DAO structure
- How new types of NFTs and fungible tokens are being used to help influence and show milestones for different media projects
- How breaking down barriers between creators and audiences created the powerful network effects that helped Coinage reach 100,000 YouTube subscribers
- How community members have brought unexpected value, including one member who helped Coinage become a major validator across 40 blockchain networks
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