40 min listen
10. What is NFT utility? Creator Coins vs NFTs: Battle for Utility and Rewards for Owners
10. What is NFT utility? Creator Coins vs NFTs: Battle for Utility and Rewards for Owners
ratings:
Length:
56 minutes
Released:
Nov 22, 2021
Format:
Podcast episode
Description
Most thought leaders in Web 3.0 like to link NFTs with cryptocurrency or even the metaverse but on this episode, I make the case for CREATOR COINS or SOCIAL TOKENS being the real gateway and sister of Non-Fungible Tokens. When I first discovered Rally.IO and the creator coin idea I assumed it was just like Patreon or Only Fans and ultimately just a gamification way of monetizing an audience. Wow was I wrong? Although there is a crypto element of creator coins leveraging blockchain technology, the economy created around the coin can be as unique as the creator.. How Rally.IO allows creators to design use-cases and benefits for those that hold the coin while also developing time-based campaigns for the community to purchase with their coin. How simply holding the $ADHD coin over the last 3 months, there has been over 23k in $RLY coins rewarded to the community and me, the creator. The role transparency, exclusivity, and “True fans” play within a creator economy, empowering creators such as Portugal the Man to go all-in to even their surprise. They didn’t want to ever create a fan club as they were concerned by it coming across as just monetizing the super fans or, worse, taking advantage of them. I mention the amazing $TILT coin founded by Joe Pulizzi in this episode and you can use my affiliate link here to check it out: https://www.thetilt.com/?rh_ref=bfa0bb74 I share this and more on this episode! ----- I also share the ALPHA around our first NFT 365 & MINT 365 drop where I will be giving up over 50% of the revenue to the community as I want this to be a WE project not a ME one. I will be rolling out 365 SuperFANZ NFT passes for $365 each who will together split 30% of the revenue of Mint 365 on 11.11.22. The SuperPOWERED Season Pass NFT will have 22 of them with each holding 1% of the revenue on 11.11.22. More details to come at MintNFT365.com that will launch on 11.24.21. IN the meantime check out ADHDcoin.com and together we are going to do what nobody has ever done before all powered by $ADHD coins.
Released:
Nov 22, 2021
Format:
Podcast episode
Titles in the series (100)
6. Minting NFTs Daily for 365 Days, Why? #Mint365: Backstory and breakdown for the launch of MINT 365 and Beeples inspiration by NFT 365 Podcast with Fanzo