added by sari · updated 2y ago
Tips for creators getting into crypto
- Convincing community members to download a crypto wallet and buy ETH is one of the biggest barriers for creators experimenting with crypto. I think it's much easier to persuade your community to go through the mindfvck of learning crypto if they're able to buy a cool NFT at the end.
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- Web 1.0 was about information links (web pages). Web 2.0 was about social links (likes, follows, shares). Web 3.0 is about economic links (tokens you earn, investments you make, assets you own).
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- -1 of 1 NFTs: For this model to work, you need just one true fan. But that leads to the main downside of this model. There’s only one owner. As a result, it's hard to create a community around these NFTs because only one person owns it. This model also prices out consumers who aren't willing to yolo their entire life savings on an NFT.
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- Fractionalized NFTs: This model enables many people to own a piece of your NFT.
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- -Acquisition: "Help me get more community members."
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- With crowdfunds on Ethereum, instead of just receiving a warm fuzzy feeling or a bumper sticker, contributors can receive an ERC20 token. This token can then be programmed to include all sorts of benefits.
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- Crypto will be a core part of every creator’s business. Kinda like how tech products rely on AI to remain competitive today.
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- A few ways creators can monetize with NFTs today:
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago
- -Financing: "Help me raise money for projects."
from Tips for creators getting into crypto by Patrick Rivera
sari added 3y ago