S1 E5: Building the Ownership Economy Together (Li Jin)

DAOn the Rabbit Hole

In this episode of DAOn the Rabbit Hole, we’re talking to Li Jin, Co-Founder and General Partner at Variant Fund as well as a podcaster, writer, and educator. Li’s here to talk about DAOs and the creator economy.

Li tells us about her journey into crypto investing from her background in venture capital and defines what is meant by terms like the ownership economy and creator economy. She talks about the “Web 3.0 Renaissance” and how decentralization can reward creators.

We talk about 100 True Fans, the idea that the value of attention is more important than the amount of attention. Li talks about how DAOs and community ownership fit into the new creator economy.

Can the ownership economy help tackle wealth inequality and reconfigure the relationship between capital and labor? Li dives into this topic. She also shares some examples of communities that are doing a great job of co-creating and co-owning with fans.

We discuss some of the potential challenges facing community ownership, and things that could go wrong. Li shares some of the reasons creators might hesitate about joining the Web 3.0 economy. Finally, Li shares her thoughts on what the creator economy could look like ten years from now.

To continue this conversation and stay up to date on all things DAOn the Rabbit Hole, you can follow Diana @ddwchen, Anay @anay_sim, and RabbitHole @rabbithole_gg on Twitter. You can also follow our guest, Li Jin, on Twitter @ljin18.

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