Li Jin Profile picture
16 Jul, 10 tweets, 5 min read
Announcing the Leaping Corgi Scholarship for players to start earning in the metaverse with @YieldGuild!

Play-to-earn is a new category of games where players earn in-game assets & tokens that can be turned into IRL income.

(read on for how to support!)
li.mirror.xyz/Dd7gY8Ip1tRcpz…
During the pandemic, as local jobs dried up, play-to-earn game @AxieInfinity helped people around the world put food on the table, pay rent, and pay off debt.

Players are earning between $500-1000 per month playing the game—which is often higher than local minimum wage jobs.
For all of the game’s promise, there are barriers to entry: to play Axie Infinity, a player must first purchase a team of three Axies, which are themselves NFTs.

That's prohibitively expensive for many: a starter team of Axies can easily cost upwards of $500.
That dynamic threatens to plague virtual worlds with the same structures of inequality that exist offline, with those in greatest need of play-to-earn’s potential being excluded from participating.

That's where @YieldGuild and this scholarship comes in!
The Leaping Corgi Scholarship will help new players get onboarded, by purchasing and renting teams of Axies to players who would be otherwise unable to afford the assets necessary to play the game.

YGG is also providing players with training and support along the way.
Want to support the scholarship?

We're selling 20 editions of the Leaping Corgi Scholarship NFT, with all proceeds going towards funding new scholars! Check it out:

li.mirror.xyz/Dd7gY8Ip1tRcpz…
This scholarship was kickstarted by generous donations from @richerd and @ArtOutland, who are co-owners of my recent NFT:

foundation.app/@li/universal-…
Leaping Corgi Scholarship NFT artwork was created by the talented @st_heresy

The UCI NFT was co-created by me & illustrator Annie Zhao bananie.zone
Many thanks to @gabusch @leah_cb @richerd @ArtOutland for helping to make this happen!!

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More from @ljin18

1 Jul
Proposing a new definition of "creator":

Creators are internet-native workers.

They are using tools to produce something of value for an end user.
Historically, those tools were owned by someone else (platforms), and creators' work was often undervalued and exploited.

The reason why the creator economy is now intersecting with the crypto economy is because cryptonetworks provide a way to distribute that value more fairly.
If we pull on the thread of creators as internet workers, where does that take us?

History rhymes, and we can look at past labor movements for clues:

- Creator rights and protections

- Creator- and community-owned platforms
Read 4 tweets
24 Jun
Let's stop celebrating creator funds, incremental creator features, and shallow rhetoric about creator empowerment.

All of these will fail to solve creators' economic precarity, so long as we fail to fix the fundamental issue, which is OWNERSHIP.
Ownership of the means of creation and distribution determines incentives, how wealth is created, who amasses it, and who earns income.

Most important of all, ownership confers control of one’s destiny: the ability to operate outside of the whims of the select few.
Ownership, therefore, is the original system condition from which all else flows.
Read 39 tweets
18 Jun
Andddd we're off to the races! Thank you @patrickxrivera!! A true hero
foundation.app/@li/universal-…
ahhhhhhhhh

@Wagomon❣️
This username. This bid. I think I know who this is.... 🤣
Read 4 tweets
18 Jun
It's my birthday! 🥳

My wish is that we can create more ways for people to earn and build wealth.

To that end, I'm auctioning an NFT, with all proceeds going towards establishing a scholarship for people to start playing & earning in the metaverse.

foundation.app/@li/universal-…
This NFT is based on my recent blog post, Universal Creative Income, co-authored w/ @LilaShroff.

When I thought about taking steps towards basic income, the idea of supporting pathways out of poverty for anyone with an internet connection felt so apt.
li.mirror.xyz/j3WsyvI5LKFKcF…
.@AxieInfinity is a video game in the burgeoning play-to-earn category, where players breed, trade, and battle with cute digital pets called Axies, and earn yield in the form of NFT items & governance tokens.
Read 14 tweets
21 Apr
In 1935, the US enacted various New Deal cultural programs to provide relief for jobless artists and democratize public access to art.

A century later, it’s time to renew that spirit.

Enter: Universal Creative Income 🪙

New blog by me & @lilashroff
li.mirror.xyz/j3WsyvI5LKFKcF…
Universal Creative Income is basic income for online creators. This may sound really fringe, but bear with me!

There are 2 broad ways that UCI can come to fruition, outlined in the blog post:

1) Platform-funded UCI
2) Crypto UCI, with governance decisions made by the community
The New Deal was essentially a small-scale experiment in UCI, with employment for 10K+ artists who created over 100K works.

Importantly, it shifted the perception of art from a luxury good, funded via private patronage, to a critical part of a democracy.
64parishes.org/entry/federal-…
Read 19 tweets
27 Jan
In the past few weeks, @lilashroff and I have spent *many* hours both watching + making TikToks.

The end result: 14K+ followers in 2 weeks, and learnings about how startups should leverage the platform, which we wrote up in this blog post 👇

li-jin.co/2021/01/27/we-…
It's clear that businesses that figure out how to leverage TikTok will have an advantage in cultivating user trust and efficiently acquiring customers.

As of mid-2020, TikTok had 50M daily actives in the US. Businesses—from solopreneurs to public companies—have seen success.
Excitingly for startups, TikTok is designed with a more level playing field on which newcomers can succeed.

TikTok’s FYP purposefully surfaces videos from even little-known accounts. That means startups can create content that quickly grows.
Read 17 tweets

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