Web3 As An Interdependent Economy: A Conversation With Mat Dryhurst “In its current state, the internet can largely be characterized as a place where a very few people in charge of very few platforms dictate conditions and agreements for a great many atomized people. This emphasis on creator independence, or giving individuals tools to self publish and promote, has brought with it many benefits, however, as we discussed previously, I believe there to be a real ceiling on the heavily individuated approaches of places like Patreon or substack.” “So what makes sense is to build new institutions from the rubble of the independence economy, which looks like reimagining very useful organizations like the newspaper or the record label from the bottom up, based upon agreements between previously atomized creators.” “I would refer to this as a transition to an “interdependence economy,” which feels like a positive development from the experiment of the independence economy in the 2010s. I’m particularly interested in web3, DAOs and smart contract infrastructure as new tools to assist making this happen. The new institution can look like fluid agreements and coordination between decentralized participants enshrined in code”