Introduction
Remote work is here to stay in many industries, post-COVID. And companies are leveraging flexible work schedules to attract the best talent and lower real estate costs. As a result, leaders are now rethinking their office space, and considering how digital tools can better facilitate collaboration for productivity and employee well-being.
The innovation of blockchain is transforming the creator economy. Now artists, musicians, and influencers can have full control over their content, connect directly with their fans, and earn money without having to go through centralized platforms!
Decentralization allows creators to earn like never before
The technology behind cryptocurrencies like Bitcoin and Ethereum looks equally promising when it comes to the future of creative work. Music, video, journalism, and art served up by centralized platforms have shown their limitations: copyright controversies, low-quality user-generated text, ‘fast content’ production that replaces quality for quantity… But they keep the money. Blockchain technology now allows the creators to own and control their digital goods such as music, art, or videos, rough services like Audius, Rarible etc., eliminating the need for any kind of middleman. Content created on these platforms can be sent directly to the consumers using Smart contracts that handle all of the fair, transparent payments and revenue sharing automatically.
Making money with NFTs:
Non-fungible tokens (NFTs) have changed the game for how creators sell their work. By minting their creations as NFTs, artists, and influencers can bypass traditional revenue models and make money directly from their fans. Additionally, creators can even earn royalties on the secondary sales of the NFTs, thus making it a financial move as well. Whatever the reason, there are always some constituencies of fans that will be better than others — by a factor of 10 if not 100 (© Mark Leslie); their attention and respect are all helpful to achieving your personal goals. And often it is (at least for us in this World).
Blockchain technology can help creators form deeper connections with fans.
Creators can use token-based fan clubs or access to exclusive content as a way to give their biggest fans more opportunities for engagement. Fans can get more involved by using the tokens they hold to vote on ideas for new content to gain early access to special releases.
A future that works better for creators:
A decentralized creator economy can bring theater future for artists and influencers when using blockchain as tea technology; they no longer need to depend on the centralized platform w, which cuts their big sum earned; they need to distribute content directly, get paid instantly, and build closer social relations.
Conclusion:
A blockchain revolution in the making of creators' and influencers' lives. Now, artists have economic freedom thanks to NFT monetization & can create stronger communities of true fans and take back the means of production. Creators of the future are decentralized and anything is possible for creators.
