The Third Web

The Third Web #2 - The Props Project by YouNow

11.13.2017 - By Arthur FallsPlay

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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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