One of the crucial important points content material creators and artists face right this moment is a scarcity of management concerning their general content material. Platforms like YouTube and Twitch continually alter the foundations with regards to content material uploads, forcing customers to cater to those new algorithms in the event that they want to succeed.
As a substitute of media conglomerates proudly owning and controlling content material, creators posit a distinct concept — that media organizations must be owned by creators and shoppers relatively than third-party intermediaries. Such a view is customary within the Web3 house, and luckily, decentralized know-how resembling blockchain and cryptocurrencies allow this future. And one undertaking, the Cardano (ADA)-powered Flickto, is aiming to facilitate it.
Decentralized media
Flickto is constructing what it calls DeMe, or decentralized media. To Flickto, DeMe is outlined as an open-source platform that enables customers to pitch and fund their media tasks.
Whereas creators pitch their tasks on the Flickto incubator, the neighborhood is voting on those they consider have essentially the most worth. Supporting tasks is feasible by way of staking the FLICK token and voting on pitches that the consumer deems worthy. Tasks with essentially the most votes will obtain funding from the Flickto platform, alongside help in varied avenues like advertising and marketing, gross sales, pre- and post-production and way more.
From there, voters can talk with creators, guaranteeing the 2 events can work collectively to create one thing really outstanding. Voters can then earn FLICK when tasks carry out effectively, producing a passive earnings for themselves.
Democratizing creation
Flickto hopes to realize what the present inventive trade can’t: the democratization of content material possession. Nevertheless, they’re in search of neighborhood funding to take action.
The corporate is at present holding an preliminary staking pool on Cardano and has additionally been working exhausting to develop different choices. It has not too long ago expanded its group, established new partnerships, held two profitable IDO raises and extra –– all to construct the muse of its imaginative and prescient.
“The optimism and hope generated by DeMe is to not be understated. The power for anybody to be taught and apply their inventive experience to supply significant content material has been emphasised by way of the rise of platforms like Youtube the place creators in the end give away possession and inventive management to satisfy the wants of obscure algorithms or centralized authority,” the group shares.
“Flickto brings change to this established order. Inserting creators and shoppers within the driving seat of media tasks to make sure they create thriving communities and tasks not reliant on a centralized authority.”
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