1. PixelPlaygroundHome
  2. Blockchain Briefs

The Importance of Fairness and Transparency in Web3 for Content Creators

• Blockchain Briefs • 224 views

According to reports, Evan Cheng, co-founder of Mysten Labs, said that investors may view Web3 from the perspective of financial opportunities and income, but …

The Importance of Fairness and Transparency in Web3 for Content Creators

According to reports, Evan Cheng, co-founder of Mysten Labs, said that investors may view Web3 from the perspective of financial opportunities and income, but this ignores one key point, namely, to try to build a more fair and transparent infrastructure, so that content creators are at the forefront. In Web2.0, content creators upload their works to the central server, while Web3 is different. It allows users to interact point-to-point and adds a new layer of ownership for activities on the Internet.

Mysten Labs: Web3 is not only about money, but also about equality and transparency

Interpretation of the news:


The message primarily revolves around the perspective of Evan Cheng, the co-founder of Mysten Labs, regarding Web3 and the importance of fairness and transparency for content creators. According to him, investors focus on Web3 from the lens of financial opportunities and income, but they overlook a crucial point – the necessity of establishing a more equitable and transparent infrastructure. In the current Web2.0 scenario, content creators upload their creations to a central server, losing ownership over their works. However, Web3 differs significantly by enabling users to interact with each other directly and adding a layer of ownership for internet activities.

Web3 has been touted as the next evolutionary phase of the internet, and it promises to revolutionize the current digital ecosystem. It primarily focuses on decentralization and peer-to-peer interactions, thus eliminating the intermediaries usually present in Web2.0. This feature paves the way for new ownership models, where users retain control over their work, and the power dynamic shifts from centralized models to more equitable and democratized ones.

However, this change in ownership models also poses challenges for investors and companies looking to invest in the emerging Web3 economy. Adoption of Web3 requires significant investments in infrastructure and technology, and investors may view it as an opportunity to generate revenues. While there is a financial aspect to Web3, content creators should be at the forefront of this change, and it should create more equitable and inclusive opportunities for them.

A fair and transparent infrastructure will ensure that content creators are not exploited by intermediaries, and they retain ownership over their creations. Web3 can serve as a catalyst for creating these new ownership models, and content creators should have more control over their work. This new infrastructure will also benefit society by enabling a more diverse range of voices and reducing the influence of centralized platforms on content dissemination.

In conclusion, the message emphasizes the importance of building a fair and transparent infrastructure in Web3 that prioritizes the empowerment of content creators. While Web3 presents financial opportunities for investors, it should not overshadow the importance of an equitable and democratized system. With the right infrastructure, Web3 can create a more inclusive and diverse digital economy that benefits content creators, investors, and society at large.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/907/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/16/2023 07:44
Next 02/16/2023 08:10

Recommended articles