Channel Wants Content Creators to ‘Squad Up’ via Web 3

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Channel Wants Content Creators to ‘Squad Up’ via Web 3
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JUST IN: 1nterdependence, newmodels_io, and joshuacitarella are joining forces for channel, hoping to solve a key problem for independent content creators. lil_smush reports

For almost two years now, the artist couple Holly Herndon and Mat Dryhurst has been running a podcast called “Interdependence” – a kind of short-form educational space for the crypto curious. Pitched as a “$5 grad school,” it has featured conversations with artists, curators and researchers at the bleeding edge of blockchain technology, along with critiques of the so-called “platform internet,” or the state of the web as it exists today.

All three currently monetize their work on Patreon, with a subscription model. With Channel, they’re hoping to bundle their businesses with a digital membership card that’s distinctly Web 3: an NFT, or non-fungible token. A “month or two” after the first NFT drop, Channel will launch an uncapped series of programmable NFT memberships “at a much lower price,” said Keller. They also plan to airdrop these NFTs to existing Patreon subscribers.

Duncan Wilson, one of the developers on the project , drew a distinction between Channel the media organization – that is, Interdependence, Joshua Citarella and New Models – and Channel the toolkit, or protocol.

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