LeoGlossary: Monetization

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The conversion of something into money.

This can happen on a couple different layers:

One of the aspirations of Web 3.0 is giving people the ability to monetize their content. This is where content creators are able to receive compensation for their talents, efforts, and time. At present, the existing internet structure, Web 2.0, all monetarization is done at the application level. This is leads to the situation where the users are actually the product since their data ends up being sold to advertisers.


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