Too Long; Didn't Read
The creator economy is less than a decade old, but it has grown into one of the fastest-growing economies in the world. More than 50 million independent content creators are currently valued at $104.2 billion. Native monetization tools are not built into platforms, meaning creators are forced to monetize via middlemen and give up a major share of revenue. New ways for creators to make money online are emerging: from fan-funding platforms, to NFTs and online courses. Web3.0 aims to help creators make the transition from user to owner, the so-called "ownership economy".