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Most of what is the data shared online is owned and in custody of some centralized entity. Instagram owns your photos and video. Twitter owns your words. Google owns the countless amounts of data we pour into its search bar and in the cloud. These applications we use daily limits us having true ownership of the content stored on its servers. We may have our own copyrighted material being hosted on these platforms but at the end of the day the services we use control the digital information you’ve created or uploaded. They can censor it, delete, manipulate any of it at their discretion. All while profiting off of users contributions to bolstering the value of the platform itself.
The early days of the internet has always been about freedoms that typically can’t be afforded in the real world. It not only connected people, but it also allowed for individuals to create content they wanted to share with ease. This in turn allowed anyone to share their ideas across the globe, instantly. Uploading your jpeg into digital bits in America, to then be posted online, could be accessed to a user in France at any hour of the day . The internet has enabled us to create with less, while allowing our assets that we create become accessible anywhere. This still holds true in our current web2 environment. But intermediaries have positioned themselves in between this process, monetizing the handoff of your valuable content. Not only that, but in their terms, they then generate more revenue using your work as the backbone of their product.
Corporations have slowly consumed the internet itself. Controlling the digital marketplace and all of its participants. A central authority can make or break what you have deemed valuable. They can also block your ability to purchase what you think is valuable as well. But as users our greatest value to these businesses is the data runoff we generate. Our creativity to use an app like tik tok takes your valuable production and profits. With no return for its users outside of maybe the few who monetize outside of the platform itself. Apps have loaned us the tools to build our realities. Their return is selling our creations to the highest bidder. Worst of all, your digital assets, your output is in custody to these powers. We make the content, but the corporations owns and profits from that very data
Most of what is the data shared online is owned and in custody of some centralized entity. Instagram owns your photos and video. Twitter owns your words. Google owns the countless amounts of data we pour into its search bar and in the cloud. These applications we use daily limits us having true ownership of the content stored on its servers. We may have our own copyrighted material being hosted on these platforms but at the end of the day the services we use control the digital information you’ve created or uploaded. They can censor it, delete, manipulate any of it at their discretion. All while profiting off of users contributions to bolstering the value of the platform itself.
The early days of the internet has always been about freedoms that typically can’t be afforded in the real world. It not only connected people, but it also allowed for individuals to create content they wanted to share with ease. This in turn allowed anyone to share their ideas across the globe, instantly. Uploading your jpeg into digital bits in America, to then be posted online, could be accessed to a user in France at any hour of the day . The internet has enabled us to create with less, while allowing our assets that we create become accessible anywhere. This still holds true in our current web2 environment. But intermediaries have positioned themselves in between this process, monetizing the handoff of your valuable content. Not only that, but in their terms, they then generate more revenue using your work as the backbone of their product.
Corporations have slowly consumed the internet itself. Controlling the digital marketplace and all of its participants. A central authority can make or break what you have deemed valuable. They can also block your ability to purchase what you think is valuable as well. But as users our greatest value to these businesses is the data runoff we generate. Our creativity to use an app like tik tok takes your valuable production and profits. With no return for its users outside of maybe the few who monetize outside of the platform itself. Apps have loaned us the tools to build our realities. Their return is selling our creations to the highest bidder. Worst of all, your digital assets, your output is in custody to these powers. We make the content, but the corporations owns and profits from that very data
These innovations have benefitted us in so many ways. It’s hard to push away these entities when it has fundamentally changed our businesses, our relationships, and how we present ourselves. But we ultimately live in this ouroboros like loop feeding us to produce to feed it all right back to us. And we own none of it.
But, we have an opportunity to change this model completely with web3 as a catalyst. To a platform like Instagram, your content is equal to some dollar amount. What if, your content, your data, could yield you a return, because of the contribution made by sharing your owned goods? Blockchain has introduced a paradigm shift in terms of giving control of any asset back to the person who legitimately owns it. Why need a bank to hold your money? You can hold it securely yourself without fees. Why do I need to let someone else own my information? And even further yet, why let another entity profit from my assets I own, if what I own is what brings value to them?
As culture begun to pour into crypto, the conversation of ownership has broadened. The internet in its essence has allowed for peer-to-peer communication with dependency on institutions. But current services (and new ones) have extracted this from users. True ownership is a part of the reality of web3 and it is a paradigm shift with how we interact with value. The empowerment that is capable allows for us to realize that the data generated from our activity is valuable to the platform. But they can’t have it unless there is a mutual benefit for us. They can’t consume it whole and block us from truly owning this thing need that we as users provide. Your data is yours and it IS valuable enough to always make some sort of profit.
Smart contracts are our way to not only insure our ownership, but to be the force that allows us to choose what we want to do with it. No decentralized product can thrive if users don’t share their provably owned goods with a benefit to themselves. A DeFi protocol won’t thrive if the incentives for a user to bring their liquidity is not worth it. You take your data and leave if what you own can’t bring you a desired return. The platform loses another valuable user, it only diminishes their profit.
Ownership in the digital era has always been an issue of debate. As we sit and watch our content give companies billions of dollars, most will never see a dime returned for making a viral post on twitter. But our opportunity right now has massive potential to change that. Your digital identity, your content, and especially your money can always be under your control. And you can choose how it can be used in the digital domain. Users can be in a position of power to corporations that have squeezed every little thing we do into dollars for themselves.
I attached a few articles and essays below that sparked my interest in exploring the topic. I gave a high-level breakdown of my thoughts but would love to have discussion on any opinions on the subject. Check out my twitter @amirgamble or find me on discord and lets chat.
copyrightlaws.com/who-owns-your-social-media-content/
These innovations have benefitted us in so many ways. It’s hard to push away these entities when it has fundamentally changed our businesses, our relationships, and how we present ourselves. But we ultimately live in this ouroboros like loop feeding us to produce to feed it all right back to us. And we own none of it.
But, we have an opportunity to change this model completely with web3 as a catalyst. To a platform like Instagram, your content is equal to some dollar amount. What if, your content, your data, could yield you a return, because of the contribution made by sharing your owned goods? Blockchain has introduced a paradigm shift in terms of giving control of any asset back to the person who legitimately owns it. Why need a bank to hold your money? You can hold it securely yourself without fees. Why do I need to let someone else own my information? And even further yet, why let another entity profit from my assets I own, if what I own is what brings value to them?
As culture begun to pour into crypto, the conversation of ownership has broadened. The internet in its essence has allowed for peer-to-peer communication with dependency on institutions. But current services (and new ones) have extracted this from users. True ownership is a part of the reality of web3 and it is a paradigm shift with how we interact with value. The empowerment that is capable allows for us to realize that the data generated from our activity is valuable to the platform. But they can’t have it unless there is a mutual benefit for us. They can’t consume it whole and block us from truly owning this thing need that we as users provide. Your data is yours and it IS valuable enough to always make some sort of profit.
Smart contracts are our way to not only insure our ownership, but to be the force that allows us to choose what we want to do with it. No decentralized product can thrive if users don’t share their provably owned goods with a benefit to themselves. A DeFi protocol won’t thrive if the incentives for a user to bring their liquidity is not worth it. You take your data and leave if what you own can’t bring you a desired return. The platform loses another valuable user, it only diminishes their profit.
Ownership in the digital era has always been an issue of debate. As we sit and watch our content give companies billions of dollars, most will never see a dime returned for making a viral post on twitter. But our opportunity right now has massive potential to change that. Your digital identity, your content, and especially your money can always be under your control. And you can choose how it can be used in the digital domain. Users can be in a position of power to corporations that have squeezed every little thing we do into dollars for themselves.
I attached a few articles and essays below that sparked my interest in exploring the topic. I gave a high-level breakdown of my thoughts but would love to have discussion on any opinions on the subject. Check out my twitter @amirgamble or find me on discord and lets chat.
copyrightlaws.com/who-owns-your-social-media-content/
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