Core Problems Summary
Todayβs landscape is plagued by structural inefficiencies that stifle innovation, limit opportunities for meaningful collaboration, and hinder the democratization of digital product creation.
Core Problems Include:
Funding Challenges: Independent creators often struggle to secure capital and are over-reliant on publishers or venture funding
Discovery Bottlenecks: Digital products struggle for visibility in markets dominated by large corporations and centralized platforms
Monetization Barriers: Creators face restrictive revenue models and under-compensation on centralized platforms, while users become increasingly discontent with existing models
Limited Scalable Collaboration: Industry participants who can add significant value in co-creating, publishing and scaling digital products, lack efficient ways to contribute
Lack of Co-Ownership and Incentives: Participants, and users, who can contribute value, typically receive no level of ownership and a lack of incentives
Manual Processes and Underutilisation of AI: Digital product development and publishing rely on manual processes, reducing potential scalability and efficiency for creators - and AI-driven contributions remain underutilised due to limited incentive structures
Complex and Inaccessible Product Development and Prototyping: Digital product creation is complex, resource-intensive, and inaccessible to non-technical creators, limiting innovation and market entry
Siloed Ecosystems: Web3 ecosystems often accrue value in isolation. While larger, traditional markets and userbases mostly remain in Web2 ecosystems
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