On-chain conglomerates
Web3's next wave will birth billion-dollar companies through on-chain conglomerates. Their fuel? NFTs that pay you forever.
Think of Berkshire Hathaway, but for DAOs. A parent company owns multiple businesses, each running independently but sharing resources and profits. Now imagine building this entirely on the blockchain.
Here's how it works:
The parent company (Hub) mints 1,000 NFTs. They sell a third to investors, give a third to operators, and keep a third. Each NFT represents a slice of future revenue.
When the Hub spots a promising business, they create a "Spoke." This new venture gets its own set of NFTs, split between public sales, operators, and the Hub itself.
These aren't just collectibles. Every NFT holder gets their share of revenue automatically through smart contracts. Music labels, movie studios, and creator collectives could use this to fund new projects and share profits.
The beauty? Anyone can invest at any time by buying NFTs on the open market. As businesses grow and generate more revenue, so do the NFT payouts.
But there's a catch. Most businesses still make money in regular dollars, not crypto. Someone needs to build the bridge between off-chain revenue and on-chain distributions. No one's solved this yet.
Want to build one? Here's your playbook:
- Launch your Hub. Sell NFTs to fund your vision.
- Find your first business. Buy it or build it.
- Use profits to fund your next venture.
- Repeat until you're a crypto Berkshire.
The tools exist. The model makes sense. The only question is: who will build it first?