5 ways to monetize creative content

[zakiyatasnim]

The opportunities for creative industries have never been greater: the rise of digitalization and online consumption have created ideal conditions for creators to earn money from their creativity. Below we will explain which methods of content monetization already exist and which are currently actively developing.




What is it? If you are an artist, it is time to change the canvas hungary number data and brushes for a tablet and stylus and master the programs for creating digital paintings. It is such paintings that can be sold on one of the blockchain platforms and issued as NFTs. NFT (NFT, Non Fungible Token) is a digital cryptographic certificate with which you can license your content. This means that from now on you have the exclusive right to your NFT object, or token. Although your work will be openly stored on the blockchain platform, no one but you will be able to agree on its sale.

How does it work? You can list your digital artwork for sale on one of the blockchain platforms, such as OpenSea and Rarible. Since you will have to pay for the content, you will first need to create an electronic wallet for cryptocurrency, for example, using MetaMask or Ledger. Then, sync it with the blockchain platform. Proceeds from sales will also go to this wallet.

Who is it suitable for? Digital and 3D artists, graphic designers.

For inspiration. The digital work Everydays: The First 5000 Days by American artist Mike Winkelman, known under the pseudonym Beeple, became the first digital object to be sold through the Christie's auction house for cryptocurrency. It was later resold for $69.3 million.

Crowdfunding
What is it? Crowdfunding (from the English. Crowd and 'funding) helps creators get funds to create content. Favorite authors are supported by their audience - ordinary people who are interested in the person and his content. With the help of crowdfunding, you can support the development of a YouTube blog, raise funds for publishing a book, shooting a film or recording an album. To do this, you need to use one of the crowdfunding platforms, for example, Kickstarter, Indiegogo or Patreon. If the first two offer to raise funds for a project that has a deadline, then on Patreon a loyal audience can regularly transfer funds to their favorite creator.