PoPP Echo Participation: 10% or 60% Returns?

Crypto lab - CryptoJesse
3 min readDec 22, 2023

--

Content is crucial because humans are inherently social and spiritual beings. We live in a physical realm and within mental spaces we create for each other: stories, music, movies, and games. These creative outlets provide solace during tough time.

However, with the evolution of the internet, the centralized media landscape of Web 2.0 no longer meets the needs of creators.

The Problem:

  1. Distribution and Spread: In Web 2.0, content replication and spread significantly affect creators. This is where Web 3.0 steps in to address these issues.
  2. Ownership Dilemma: Web 2.0’s closed ecosystems have amassed vast proprietary databases, becoming their assets. This harms creators, forcing them to abide by platform rules or risk losing their digital assets.
  3. Limited Profit Models: Many Web 2.0 creators are pushed towards advertising-based revenue models, but Web 3.0 flips this relationship from an attention economy to an ownership economy.

Some platform advertising shares are for reference only:

Solutions:

1. Content as a Private Asset:

Creators can tokenize their work on Echo, embracing the scarcity of digital creations.

2. Evolving Distribution and Incentives:

‘Distribution’ is how your content reaches its audience. With Echo’s blockchain ownership records, supporting creators becomes an investment. Users can invest in your Echo by ‘collecting’ (investing) one share. As the token pool of the collection (investment) grows, the user’s one share also earns a proportional return.

How Echo Works:

One thing is certain: we cannot measure the value of content by the content itself. The value of content is determined by its consumers.

Enter Echo: https://echo.popp.club/

If you’re a creator: When you publish your first article, each time it’s shared (mirrored) or collected, your earnings double.

If you’re a reader: You don’t have to struggle to be one. When you find the valueable of the article, you can share it (mirror: 10% return) or collect it (investment return: 30%-60%). As mentioned earlier, collecting means your rewards accumulate as the article attracts more investments. Sharing (mirroring) the article creates a new Echo on your page. Your peers can invest in your shared Echo, earning you revenue.

How about we estimate long-term returns?

Reward Estimation

Let’s estimate with an initial collection fee of $100 to gauge the potential rewards different roles can earn in Echo.

First, let’s explore the creator’s revenue:

If you participate in the 1st collection and the 100th collection, what are the foreseeable benefits?

Visible Impact: Being among the earliest participants can lead to significantly higher returns.

Each internet evolution profoundly impacts the world. Web 2.0 changed how we interact with information and our lives. Web 3.0’s promise for the creator economy stems from its understanding of value derived from necessity.

Why are we optimistic about the creator economy in Web 3.0? Because we know that value is derived from necessity.

Seize this unique opportunity. Whether you’re a creator or not, every action brings you closer to the captivating world of Web 3.0. Let the adventure begin!

--

--

Crypto lab - CryptoJesse
0 Followers

A crypto enthusiast who enjoys sharing interesting stuff.