Content creators can use the tokens they issue in two self-reinforcing ways: to build and reward their fan community and to compensate themselves for their creative work. Most frequently, fans buy tokens, but some artists, such as RAC, give them away to loyal fans. As community members, fans receive benefits such as unique video content, access to group chats or exclusive merchandise. Generally, different ownership levels receive different benefits.
Because only a limited number of tokens exist, rising demand increases their value.
2
6 reads
CURATED FROM
Social Tokens: a web 3.0 method for engaging communities and compensating creators
forbes.com
6 ideas
·41 reads
IDEAS CURATED BY
36 yr old product guy. Interested in meditation, product design and the future.
Exploring how will social tokens change online communities as we know them today. How will middlemen fade away and creators will retain much more value from their audiences.
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