13 hours 42 minutes ▪ 5 minutes read ▪ Written by Luc Jose A
The digital age has given many creators the ability to express themselves and share their work online. However, it has also exacerbated challenges related to the protection of intellectual property, fair remuneration, and control of works. Blockchain offers an innovative solution to these problems by increasing monetization control and transparency. Here are five leading blockchain platforms that are revolutionizing the way creators publish, share, and monetize their content.
1. Steemit: an alternative to traditional social networks
Steemit is a pioneering platform that offers users the opportunity to publish content and receive rewards directly in Steem tokens, the native cryptocurrency. Unlike traditional social networks such as Facebook and Instagram, where the revenue generated primarily benefits the platform, Steemit directly evaluates user contributions. This economic model is based on interaction with readers, and the more upvotes a post receives, the more the author gets paid.
Transparency: Earnings are immediately visible and accessible to users.
Engaged community: Creators also receive a share of tokens, so they benefit from a user base that is willing to interact.
Freedom of the press: Users can control their own content without undue control or censorship.
2. LBRY: Blockchain YouTube
LBRY is a decentralized content sharing platform that is often compared to YouTube, but the key difference is that creators maintain full ownership of their work and receive payments directly from viewers. There are no intermediary or centralized algorithms controlling the visibility of content, giving creators complete freedom.
Monetization without middlemen: Creators can set their own prices for content or choose to offer it for free.
Freedom of Expression: LBRY ensures that content is not arbitrarily removed by central authorities.
Fair compensation: Payments in LBC tokens are made directly between creators and consumers, avoiding fees charged by third parties.
3. SuperRare: Revolutionizing the art market with NFTs
SuperRare is a platform specializing in selling digital art works in the form of NFTs (non-fungible tokens). Each artwork sold is unique, traceable and recorded on the blockchain, ensuring maximum rarity and transparency. SuperRare has transformed the digital art market by allowing artists to sell their work directly to buyers for fair compensation and without the risk of piracy.
Guaranteed Authenticity: Each NFT is recorded on the blockchain, providing irrefutable proof of its origin.
Automatic Royalties: Artists can program automatic royalties on each future resale of their work.
A new market: Collectors can safely invest in digital art, knowing it is traceable and authentic.
4. Audius: Decentralized Spotify
Audius is a decentralized music streaming platform that allows musicians to publish their music and earn money directly from listening to it. Unlike traditional platforms like Spotify and Apple Music, where labels capture the lion’s share of revenue, Audius hands power back to artists.
No middleman: Artists get 90% of the revenue, whereas on traditional platforms, that percentage was minimal.
Participatory community: Fans can directly support their favorite artists through AUDIO tokens.
Full transparency: Artists have complete visibility into their revenue and related listening data.
5. OpenSea: An important NFT marketplace
OpenSea is the largest decentralized marketplace for NFTs, covering a wide range of content including art, music, collectibles, virtual domains, and more. OpenSea allows creators to bypass intermediaries and monetize their work directly from the global marketplace.
Content diversity: Users can sell and buy different types of NFTs, whether it’s digital art or trading cards.
Lower fees: Transaction costs are lower compared to traditional platforms.
Creator Control: Artists set their own sales terms and benefit from royalties on future resales of their work.
Towards a new era for creators
Blockchain and NFTs are redefining the economic model for creators by removing intermediaries and ensuring transparent rewards. These five platforms demonstrate how decentralization can help creators take back control over their work, better interact with their audiences, and profit from new revenue streams. Although some challenges remain, such as the volatility of cryptocurrencies and the technical complexity of blockchain, the evolution to a decentralized model seems inevitable.
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Luc Jose A.
Toulouse Scientific Diploma and Certification Consultant Alila Blockchain Exam Rejoined 2019 Coin Tribune. Examining the potential of blockchain in the field of economics, and the relationship between public sensibilities and information providers that will bring about a certain evolution of the social system for learning economics. The month is about understanding blockchain and its opportunities. Analyze the purpose of reality, decipher the trend of Marche, analyze the innovative technology and perspective, and analyze the social revolution of Marche.
Disclaimer
The views, ideas and opinions expressed in this article are solely those of the author and should not be construed as investment advice. Please do your own research before making any investment decisions.