How Web3 and the ‘Instaverse’ may empower more ticket-clippers and influencers than ever before
Web3 is being built on reputation scores and social ranking for access to the ‘decentralized economy’ where people sell directly to each other.
But before we get there Zuckerberg is bringing us to the Instaverse, in which anyone can create NFTs in-app at a tap. Influencers are among the first to jump on NFTs aka social tokens; will they inspire a whole new generation of ticket-clippers to the rentier class?
The Instaverse:
From July, Australia’s “health influencers” will be prohibited from paid promotions of therapeutic goods on social media regardless of whether a testimonial is genuine.
The newly enforced Therapeutic Goods Advertising Code is to prevent conflicts of interest arising between consumers who are trying to make a health choice and influencers who gain financially from the sale. It applies to medicines and medical devices, supplements and sunscreen.
For a country obsessed with sun and screens this seems like a reasonable move to protect consumers.
