6/20 - the future of media and finance might be tight together
media is being decentralized and the small creators monetization problem might find its solution in crypto
media is being decentralized and the small creators monetization problem might find its solution in crypto
Media is being decentralized
The main problem is that social influencers and their communities are not rewarded for their work because they are tied in to the ads model , instead, there are token models that can boost their following and reward them for their work.
First , here and here are wirings about ways for content creators to make money .
The most low hanging fruit from last week is rewarding the people who already donate money .
In this article i'll try to find ways to make an incentive system without getting the permission of the platform
One example using crypto is Reddit community points, one beautiful example outside of crypto is zynn which rewarded viewers for watching and referring.
Platforms that are best suited for tokenization
Third-party tools for streaming platforms
Tiktok and twitch :
Stream labs-enable tips
Steam legends - make every twitch channel a guild community
https://phantom.bot- bot for twitch , - enable streamers to connect to their audience much more easily including rewarding them
https://nightbot.tv/ - chatbot for twitch , youtube and mixer- 331k followers
Wizebot-- has several unique features such as saving automatic clips, letting you view a list of subscribers and unsubscribers. It has games and giveaways, Twitter integration, timers, custom commands, virtual currency, automatic giveaways, and screen overlays.
2. Communities social networks
3. Github 3rd party apps :
4. Podcasters platforms& 3rd party :
https://blog.pocketcasts.com/learn-podcasts/- aggregator for podcasts
5. Monetization Platforms&3rd party tools :
Patreon
Only fans
https://www.cameo.com/-paid personalized videos
https://www.wisio.com/ - paid personalized videos
june 16th-community-owned tokens \loot tokens
This writing focus :assets that enable monetising content creation and community engagement and represent the ownership of this communities.
This writing focus :assets that enable monetising content creation and community engagement and represent the ownership of this communities .
The focus of this writing is to discover, invest and create alternative financial assets that we believe will have much more demand in the near future . Such demand is created when new things come up and people don't know a lot about it . it can be a pandemic , it can be a technology that enables new ways of doing things , can be a way to make money from existing new things (like streaming ). The asset can represent communities , people , virtual art and much more .
This writing focus :assets that enable monetizing content and community and represent the ownership of this communities .
Wikipedia, TripAdvisor, Yelp, book reviews, restaurant reviews, product reviews, movie reviews, and forums about almost every topic.
By Gamification of leaderboards and badges as a foundation of community engagement
Entering a new business model for the internet, the old business model for social networks is to collect data, manipulate the user with it and sell it to publishers, the new one will be payment for engagement and contribution.
The platforms that it suits them the most is once who does work without getting reward :
Admins of communities - platforms like Reddit or discord
Content creation platforms without business model - podcast and streaming platforms.
Community chat platforms :
Reddit community points as the first example for this
Redditors can gift, tip and transfer their Community Points between users—or use them to gain access to exclusive community features such as badges, custom emojis and GIFs in comments, the announcement explained.
Users earn Community Points from submitting comments and posts to the subgroups. When users upvote or downvote that content the score will help decide how many points the user earned during the weekly distribution.
Distribution : Moderators get a 10% share, Reddit gets 20%, and another 20% will be reserved for the broader Reddit community. These percentages are based on the amount of Points claimed by users in that round.
Other anonymous platforms and why this communities need a token :
Discord
https://scuttlebutt.nz/
4chan
Developers q&A sites :
https://stackoverflow.com/ - q&a for developers
Irc channels:
https://bitcoin.ninja/
http://gnusha.org/bitcoin-wizards/
http://gnusha.org/bitcoin-wizards/2016-08-01.log
2. Platform that enables content creators to monetize & create content :
For streamers :
Stream elements.
https://streamlegends.com/- For a streamer it helps you grow and engage your viewership by giving your audience a unique way to connect (fight together!)
Blacksmith is a powerful way to start earning on Twitch seamlessly. It leverages the Amazon Associates Program, which has long been providing a way for people and companies to earn when they recommend products on Amazon.
Stream aid - platform allows streamers to set up custom pages and offer unique experiences to their viewers. On top of the monetization benefits, this deeper level of engagement will also keep the viewers coming back for more.
Streamlabs - allowing live streamers to engage with viewers, monetize their broadcasts, and grow their channels.
Snap Camera- Snap Camera’s Twitch extension brings the magic of Snapchat’s Lenses to your live streams. “React to game events, amplify your streaming persona, or just have fun expressing yourself with viewers.”
Crowd Control-- allows viewers to participate in the game while the streamer is playing it live. Your viewers can now aid you by sending you in-game items.
Sound Alerts allows you to upload sounds attached to certain bits. When viewers press on it, you will hear the sound. If you are not convinced, check out this “How I made 2000$ while sleeping on stream”.
SullyGnome- provides statistical and analytical services for Twitch. The aim of the site is to aid streamers by providing information and data.
Twitch Tracker adds another layer of elegance to Twitch data. The site is very polished combined with data for games, and streamers. One of the best, features on this platform is the comparison feature they have. Simply put in the usernames you want to research and you get a visual presentation of how they streamers stack up.
OBS Studio- open broadcaster software works with Windows, Mac, and Linux. You can feed it multiple visual and audio sources, introduce overlays, and configure many advanced elements.
Nightbot is a chatbot which allows you to automate your chat with moderation and other cool features.
PhantomBot.tv(open source )
2. Paid personalized paid video :
https://www.wisio.com/- the token model can be either rebates or tipping .
3. For podcasters :
Anchor (ios/android) -
Unlimited hosting
1mil + downloads
castbox(ios/android) -
Multilanguage support upto 70 languages
10 mil+
Pod bean(ios/android)-
Chrome cast and alexa compoatible
1mil+
doggcatcher(ios/android)-
One of the oldest ones
100,000+
Podcast go(ios/android)-
Basic UI
1mil+
Pocket casts (ios/android)-
Large library
1mil+
Tune in radio(ios/android)-
Radio focused app with some podcasts
Good for sport commentary
100mil+
Radio public (ios/android)-
Free with cross device compatibility
100,000+
Stitcher-
5mil+
Laughable -
Comedy focused podcasts
10,000+
Overcast (ios)-
4. crowd sourcing reviews communities for investment \resturants reviews and more :
seeking alpha
https://www.fool.com/
5. free Photo and gifs :
https://unsplash.com/ - rewarding uploaders for the pics they upload .
new financial markets that will be meaningful in the future.
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June 2nd , 2020 - strategies and people time as new assets
today ill explore and tell you about 2 new assets and trends that i suspect will be bigger in the future and ways i think we can get exposure to it .
trading strategies- in the traditional markets, platforms like QuantConnect and Quantopian connects quant analysts that create trading algos to investors that want to invest in this algos, in addition, there are platforms like https://www.darwinex.com/login that focuses on the investors side and give investors options to invest in strategies . in crypto the leading exchange that enables that is ftx and their quaint zone and trading competitions. other platforms in crypto enable to invest in strategies across exchanges such as https://mudrex.com and https://coinrule.io/.
how to capture the opportunity here :
the active way, in my opinion, is to develop a bridge between the mainstream quants community to the crypto exchanges.
another active way is to fund competitions and invest in a diversified portfolio of strategies. potentially do a token around it.
2. people \attention \ time tokens - we see a few platforms that enable people to issue tokens that enable other people benefits related to their time , its a way for influencers to monetize their community and for investors to bet on the future success of the person. here is 76 examples of people issued tokens on roll, one of the platforms.
the platforms enable people to issue their tokens representing their time or scarce item related to them:
roll working pretty similar to patreon only that the time is a scarce resource so the contributors can make money from buying the time of the person first and not only as a donation.
Zora and foundation work in a way that enables the influencer to issue a scarce commodity and each unit of it is more expensive then the previous one so it creates value to the item they issued, one example is $TAPE which got 20x on the initial value.
how to capture the opportunity here :
I believe the power here belongs to the influencers so the opportunity is by being an influencer that sells his time or a scarce commodity.
an active way to do it:
partnering up with influencer platform and help the influencers to issue their tokens.
A passive way to do it:
pay attention to whats happening on these sites and invest in influencers that you like.
until the next update.
yonatan