The Rise of A New On-Chain Cultural Economy
summary
Tezos-focused discussion argues that on-chain culture already shows concrete wins: generative artists like Zankan find new audiences, generative art success (Zankan), galleries and fairs experiment with tokenized ownership and museum partnerships, smart contracts (Tezos’ FA2 smart contract) enable mutable, enforceable royalties baked into contracts and secondary-income flows, and collective finance via DAOs for collective ownership changes how acquisitions and governance work — some projects prove durable, others still need clearer real-world utility and sustainability.
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chapters (8)
- 0:00Panel introduction
- 3:16On-chain cultural economy defined
- 8:35Art world vs web3
- 12:56Real-world use cases
- 22:23Sustainability in blockchain art
- 28:01Decentralization vs adoption
- 36:40Future visions 2023+
- 43:01Q&A royalties & smart contracts
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