Why Token-Bound Content, Not Token-Gated, is the Future

What's the difference between token gating and decentralized unlockable content? tl;dr — token gating is a centralized approach to providing access to exclusive content that mimics the web2 platforms' walled-garden approach (i.e., you don't really own all those ebooks in your Kindle library), while decentralized unlockable content provides true ownership of digital goods via decentralized storage and access.