Creators in these niches don’t have to appeal to the lowest common denominator to viral with mainstream viewers. They can focus on delighting their smaller cadre of hardcore fans. That’s why I believe there’s a huge untapped opportunity for apps to allow micro-entertainment creators to monetize by accepting tips for recorded content, not just... See more
On my panel, in which we discussed the next social platform, we focused on the idea of new social primitives, and how we’re already starting to see them emerge in games like Fortnite* and Roblox. The below is from Rec Room CEO Nick Fajt:
Scout is a pre-seed and unannounced startup allowing fans to buy virtual trading cards of their favorite creators. An up-and-coming creator can issue a limited number of trading cards—say 100 cards for $100 each. Fans purchase those cards and unlock new levels of access: a weekly livestream with the creator, exclusive merchandise, backstage passes... See more
NFTs are alive and well, and their success does not depend on high-ticket art sales. Quite the opposite. This is a glimpse at the true promise of NFTs!
As Eghbal notes: “Like any other creator, these developers create work that is intertwined with, and influenced by, their users, but it’s not collaborative in the way that we typically think of online communities.