Episode Details
Back to Episodes
Are NFTs a Sustainable Business Model for Creators Tokenizing Communities? | PART 1 of 3
Description
Everyone is pushing to incorporate NFTs into their businesses/communities but are NFTs actually a sustainable business model for communities? In Part 1of this 3 part series we discuss what web2 communities are doing, ย the current Web3 community playbook as well as alternative business models for creators moving forward.
๐ค HELP US GROW ๐ค Subscribe to the Web3 Academy Podcast
๐ฅSUBSCRIBE TO THE WEB3 ACADEMY NEWSLETTER ๐ฅ: https://w3academy.io/?utm_source=anchor&utm_medium=audio
๐ Go down the Web3 Rabbit hole with our FREE Web3 Foundations Course: https://w3academy.io/web3-rabbit-hole-course/?utm_source=anchor&utm_medium=audio
Guiding entrepreneurs, businesses and creators into web3. Together weโre exploring how to use NFTs, Crypto and Web3 to create thriving communities and build sustainable business models.
โ FOLLOW US ON SOCIAL! โ
๐ Web3 Academy Twitter: https://twitter.com/web3academy_
๐ Web3 Academy TikTok: https://www.tiktok.com/@web3academy?lang=en
๐ Web3 Academy Instagram: https://www.instagram.com/web3academy_/
๐ YouTube: https://www.youtube.com/c/Web3Academy
๐ Kyle Reidhead: https://twitter.com/KyleReidhead
๐ Jay Hamilton: https://twitter.com/jaybird_nft
Name: Kyle Reidhead
Twitter: @kylereidhead - https://twitter.com/kylereidhead?lang=en
โฑ TIME POINTS โฑ
0:00 - Intro
3:35 - NFTs for business and community
7:00 - The current NFT community playbook in web3
11:25 - The playbook to monetize digital communities in web2
16:59 - The current business models of NFT tokenized communities
18:37 - NFT royalties as a business model for tokenized communities
25:03 - Alternative business models for creators with NFT tokenized communities