Another Excuse | Entrepreneurship, Business, Insights, Fears

#59 Shifting Power Dynamics in Digital Economies at OpenFormat with Sarah Weller


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This week’s guest is Sarah Weller, the CEO of OpenFormat.


OpenFormat is shifting the power dynamics in digital economies by enabling creators and builders to make a sustainable income. They’re doing this by bringing together game economies, blockchain-based technologies, and AI. 


They’re building a tech stack that includes revenue splitting, micro payments, decentralized applications, and AI assistants. The five co-founders of Open Format have diverse skills and backgrounds, and they came together with a shared mission to redistribute wealth and rethink value exchanges. They are focused on creating real utility and working with people who are already aligned with their vision. 


We discuss the challenges of straddling the present and the big vision, the importance of being a learner, and the different perspectives on risk. She shares personal experiences and emphasises the need for honesty, humility, and transparency in business.


In the episode, we discuss:


• What OpenFormat does

• Their goals

• How it all works

• Having five co-founders

• Making a positive impact 

• Being a learner and having a learner mindset

• Taking calculated risks 

• Honesty, humility, and transparency


Sarah: 


LinkedIn


OpenFormat: 


Website

LinkedIn

Twitter

YouTube


Follow Me: 


Newsletter 

LinkedIn 

Instagram

Twitter

TikTok


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Another Excuse | Entrepreneurship, Business, Insights, FearsBy Byron Grealy