Global Top New Venture Investor Dixon Publishes Blockbuster “Read Write Own”
Tianxia Culture is set to publish the latest work by Chris Dixon, the world’s top new venture investor and partner at a16Z, titled “Read Write Own.” The traditional Chinese edition of the book, approved by the founder of “Block Trend,” Xu Ming’en, has become a bestseller on The New York Times, USA Today, and Amazon, attracting significant attention from readers. Dixon delves into the evolution of the internet from the WEB1 era of the 1990s to WEB3 in 2021, analyzing how internet power and economic benefits will shift from corporations back to users, heralding the imminent arrival of freedom and representation for individual creators.
Blockchain Breaks the Traditional Model of Corporate Internet Revenue Sharing, Restoring Freedom to Creators
The current structure of the internet world directs the vast majority of users to a few mainstream social networks, forcing creators to abide by the rules of these tech giants in order to gain exposure. After putting in hard work, creators often find that a significant portion of their income is taken by the platform, leading to a homogenization of content and the suppression of creative freedom.
However, decentralized community networks built on blockchain offer the potential for fair distribution of economic benefits, allowing creators to retain reasonable profits through transparent revenue sharing rates. This incentivizes creators to invest more funds into their work, attract support from a diverse fan base through diverse creations, and creates a positive feedback loop between income and creativity.
In his book, Dixon analyzes, “We can nurture more creativity and spread more truth on the internet, no longer stifling these precious contents. We can use blockchain to build community networks, creating niche markets for countless small communities, distributing economic benefits more fairly, enabling more users to discover works they genuinely love, and allowing more creators to meet unwavering fans.”
The Importance of Digital Ownership
Blockchain completely disrupts the existing operational models of the world. By flipping the relationship of digital ownership through tokens, blockchain returns ownership of the internet to the users. Many people have become accustomed to the norms of corporate networks, where registering for a website means that the purchased service can only be used within that website and cannot be transferred. Having to register again and start from scratch every time they visit a new website would undoubtedly frustrate individuals in the physical world.
The concept of ownership is deeply rooted in our lives but is powerless against the regulations imposed by corporate networks on the internet.
Dixon states, “Many new startup ideas require ownership, and ownership is also a necessary condition for breakthroughs to take effect. … As long as it doesn’t violate laws such as patents, ownership is a fundamental freedom, and you don’t need to seek permission before innovating.”
Overcoming High Transaction Fees, Blockchain Networks Turn Payment Systems into Public Goods
In theory, online payments should be as simple, user-friendly, and affordable as text messaging. However, in reality, the process of transferring funds from payers to payees involves a series of coordination among payment platforms and checking transactions for compliance with financial regulations. A single mistake can result in fraud and theft.
Dixon is optimistic that blockchain can solve this problem. Its built-in fundraising capabilities and low transaction fees attract more talent to develop payment networks, enabling small-scale payments and creating new possibilities. A decentralized financial network makes funds more secure and the system more equitable.
Dixon states, “Until now, the financial system has been a centralized system primarily controlled by for-profit corporations. However, the act of making payments does not require central management. Blockchain networks can turn financial infrastructure into public goods. Since the internet can handle information, it can certainly handle currency.”
“Read Write Own” Exclusive First Edition Limited Offers at Eslite and Books.com.tw
“Read Write Own” offers different limited editions at two major bookstores, allowing readers to choose the version they want to collect. Eslite Bookstore exclusively sells the first batch of limited softcover editions, featuring exquisite binding and silk bookmarks, providing readers with the highest-quality reading experience.
Books.com.tw exclusively offers a limited edition “NFT-Generated Art Card” from the United States, which can be collected by scanning the art card that arrives in Taiwan via air freight. These digital art cards have thousands of AI-generated designs and are a limited pre-order gift for the US version of “Read Write Own.” Taiwanese readers can simultaneously own this valuable digital art gift, making it the most valuable digital art gift of the summer.