How NFTs Can Help Influencers Monetize Their Content
Traditionally, most people define NFTs as digital art, but there are many more potential applications. Let us take a look into what’s coming up next. What is an NFT? Non-Fungible Tokens (NFTs) derive their name from one of the properties that can make up a crypto asset. Cryptocurrencies, such as Bitcoin, Ethereum, or ERC-20 tokens are fungible, which means that all units in the supply are interchangeable with one another and retain their value if they are divided. In essence, when you hold 1 ETH in your wallet, you generally do not care which one out of the over 117 million ETH currently....
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WeWay is meant to be a bridge uniting both influencers and regular people in one, single, platform. The platform works on providing a wide range of income opportunities for both groups of participants, bringing them together and allowing them to cooperate and interact conveniently. Create and buy NFTs, receive fair income, trade, transfer funds, etc. The revenue system for content creators on the WeWay platform is backed by the WeWay token and the NFT marketplace. The creators must come up with a core feature that will build an economic system running on the latest blockchain tech and....
With TikTok facing the prospect of removal from the United States, users should realize that traditional tech companies are far less reliable than the decentralized web. People are often skeptical about Web3, many of them influencers and digital content creators. Notably, many of those most reluctant to embrace Web3 are very successful on Web2. Since they’ve mastered monetization on popular Web2 platforms such as TikTok, Twitch and others, why bother learning the rules of a new game? The current regulatory debate around restricting TikTok in the U.S. provides a salient example of the risks....
We all know that when it comes to freedom of expression, platforms like YouTube, Instagram, Twitter and alike haven’t always lived up to their promises. The landscape for creators is constantly changing with regard to what can and can’t be expressed, monetizing their content, and adhering to guidelines and rules policed by, well, who really knows? Therefore, artists, vloggers, influencers and entertainers have much to consider before creating and publishing their work to avoid being demonetized at best, or at worst, banned from a platform altogether, and all that hard work is simply thrown....
The crypto influencer and model’s fan club DAO is guided by its core values “Simplicity, Integrity, Meaning, and Purpose,” or SIMP. The story of the IreneDAO NFT craze started in October when 28-year-old Chinese crypto influencer and model Yuqing Irene Zhao came up with the idea for “So-Col” with her business partner, Benjamin Tang.So-Col is short for “Social Collectables,” Irene explained to Cointelegraph, and the platform aims to help content creators monetize their content and build communities with their fans.Branded as the “decentralized version of OnlyFans, Discord, Twitch, and....
Paymeabit is an Italian startup that allows social media users monetize their content. Every action on the Paymeabit social platform earns the user a small fraction of bitcoin. The digital currency economy is gradually moving towards the user-generated online content market. There are plenty of digital currency based social media platforms making an appearance in the recent days to help content creators monetize their work. Steem is one such platform which has already made its mark in the digital currency segment with its own cryptotoken. While Steem tokens happen to be the third largest....