This DAO structure and dual-token model align incentives among all network participants.

[shaownhasane]

These funds are designed to sustain the ecosystem by bhutan business email list providing resources to creators, operations, and growth plans. It’s a circular flow between creators, fans, and the underlying platform.

Fans get voting rights, creators get funding, and platform funds remain capitalized.

Farokh believes that the biggest advantage of DAO is to use the collective knowledge of the community to guide decision-making. It’s challenging, but allows for broader participation than a traditional corporate structure.

How the Rug Radio Creator Network works
Rug Radio Network is made up of more than 70 creators who run shows on platforms including YouTube, Spotify and Instagram. Rug Radio currently focuses on web3 themes, but the goal is to expand into other verticals.

The network provides tiered support to creators based on performance metrics such as ratings and consistency. Lower-level creators may receive basic support such as production assistance. Top creators can receive funding, partnerships, and even salaries paid in cryptocurrency.

However, Rug Radio does not claim any ownership rights in Creator Content or Intellectual Property. This is in stark contrast to Web2 Media, which owns equity. Rug Radio wants creators to fully own the content they create.

Collaboration revenue earned by creators flows back into the DAO treasury. These funds sustain the ecosystem by providing resources to creators at all levels. This is a circular flow between creators, fans, and the DAO.