One of the reasons a lot of online content creators are not yet adopting the web3 platforms for their contents is because they currently do not understand the mathematics. Could it be linked to ignorance or unawareness? See it as you may fit, the truth is we cannot undermine the value decentralization through web3 platforms has to offer. I remember a movie I watched some years ago, when the protagonist was discussing one on one with the antagonist.
The words that caught my attention was when the antagony said, 'he who controls the valuable resource controls the people'. This is a fact one cannot not ignore, in short he has been playing this game for years and has been getting the needed result. Let's come back to the web2 pattern of operation and try to fit in that same statement. I guess it would be 'he who controls the data controls the people'. You definitely can't argue this, we've seen whose financial accounts get fatter every day. More of 'he who controls the people, controls their money' and this is to the advantage of web2 owners.
The invention of the internet goes as far back as the 1970s before the introduction of the modern internet(www) in 1989. If you want to make your proper calculation, you will know that the world wide web (www) has been in existence for over 34 years with the internet's total existence being over 53 years. Why am I saying this, simple; it's the question 'why' that I am saying this. Why are there very few millionaires out there, yet a lot are active online everyday? Is the web2 system a fair trade? If not, why are we still there on the same platform that is not fair?
The internet is a well of financial resources that could benefit as many people who participate in it. When I look at the terms and conditions on a lot of web2 platforms before you are eligible to cash out some funds I am always very upset. They just make you overwork for a penny. Worse of all, in the end, everything is theirs. All I see is indirect slavery in a modern system.
Knowledge is passed through centralized channels
Let's look at this illustration, assuming you are a dancer. Your dancing career has not been able to scale despite the fact that you are good at it. So you went and registered to perform on stage in a show and the T&C( terms and conditions) are that you'll get paid $10 dollars if you are able to raise $100 dollars during your stage performance, $20 dollars for $200 dollars and so on and so forth. The registration fee was $5 dollars meaning if in the end you are not able to raise any dollar at all you'll lose $5 dollars.
Note the company has already made $5 on your head without any performance. During the stage performance, you were able to raise $570 in total. In every hundred you made ten dollars which will be equivalent $50 dollars to your pocket minus $5 dollar registration fees that is $45 dollars interest. So how about the extra $70 dollars; simple as they would say 'you couldn't meet up' yet it counted for them. So they would make $(470-50 +5(reg fees)) which equals $425 dollars. Wow!, you feel cheated already, I'm not done yet.
Remember it was on their stage you pulled the show and it was a remarkable one. Do you know how much audience they stand to attract during their next show? come on, they'll brag about the last stage performance better still if they could get it on screen for a lot to see. You get a one time poor payment, they in return make a long time huge gains. This is exactly how it plays out in the web2 systems and it will likely continue to be this way until we decide to shift our focus to where we are very valid and valued. Assuming in that calculations the reverse was to be the case, you know how much you would have kept to yourself
Data ownership is essential
I see a future where individuals will have the right to get full accreditation for all their contents. No one has to mount you pressure and still pay yoi a dime to overstress yourself to meet a target. Data ownership is where the future of many millionaires is hanging and I have to say we have to make the move early. I told a friend of mine on this platform that the current challenge a lot of online influencers are having about moving to the web3 is that they fear losing their positions or achievements in the web2 platforms. We are all humans I know, but I guess you all have to make the proper research and calculation to understand that the world is upgrading and the next big thing cannot be handled in the web2 ecosystem.
Do you know you would have made if you had such a presence and audience in the web3? Decentralization is a program that has emerged to fairly share the interest found in the internet to all its participants. Content creators deserve more. I don't even want to talk about the area of data exploitation, who knows where our data have been shared to by centralized platforms to make unethical interest. Gone are those days I used to see strange numbers or mail on my phone and say, how did you even get my contact information? Our privacy have been breached and leaked
To conclude, let me say, web2 is giving out little for more efforts that have been put forth for all the innovative acts by individuals on their platforms. How long this will last depends on how soon we are ready to open our eye to see the vast opportunity that awaits us in the web3 system through data ownership. Money is changing hands and the fair share is found on the other side of the web, not the web2 system but where data ownership is of core value and that's web3.