Mylivn is here to be the social network of the future. A network that puts creators (not advertisers) first, where creators can be their own person and make a proper living doing what they love.
And one of the ways Mylivn opens up this opportunity is through the concept of NFTs or non-fungible tokens. These are unique digital files that are one of a kind and provide a way for people to prove their ownership of a digital file and trade them on the blockchain.
But how can you incorporate NFTs and social media?
Well, while social media was made to connect us all, it’s also become a hub for art in ways we’ve never seen before. Nowadays, people post their music, photos, videos, movies, and other forms of art on social media.
And on Mylivn, creators can upload their art as NFTs on the network and trade them right there and then, opening up a host of new opportunities.
Now let’s take a closer look at how they plan on doing that.
How Do NFTs Work on Mylivn?
On the base level, NFTs on Mylivn work like NFTs on any other network or marketplace. The main difference is that NFTs are built right into the ecosystem of Mylivn, making them a cornerstone of the social network.
Here are the different ways Mylivn is incorporating NFTs into their work process:
An NFT Marketplace Right on the Network
One of the ways Mylivn is incorporating NFTs into the social network is by having a marketplace right on the network itself. This allows users and content creators to upload their art as NFTs, sell them, trade them, or use them as their avatars and icons.
The reason Mylivn is paving the way for a new type of social media is the direct adoption of modern technologies. One of the key goals of Mylivn is to create a sustainable environment and ecosystem wherein content creators can earn money doing what they do. Building an NFT marketplace on the social network is one of their ways of doing that.
All NFTs Accepted
When it comes to NFTs, Mylivn won’t restrict users and content creators when it comes to what they need. This means that content creators have the freedom to upload just about any type of NFT they want on the website. So, if you’re a creator that makes beats and music, you can upload your audio files as an NFT.
Or, if you’re a visual artist exploring a new medium, you can also turn your art into an NFT that you can sell on Mylivn. The same goes for videos and any other type of digital media. The new era of social media isn’t here to restrict creators, and Mylivn stands true to that promise.
NFT Ticketing
One of the unique ways Mylivn is incorporating NFTs is by using them as tickets. An NFT ticketing system is one that’s been praised by many professionals in the entertainment industry as it gives artists a sure way of selling tickets to users and ensuring that they get into the event.
On Mylivn, creators can create special digital events. This could include a digital hangout, an early release of their newest creation, and more. And when they sell tickets to these digital events, they can give the tickets out in the form of NFTs which can reduce the chance of fraud or tickets malfunctioning.
NFTs as Avatars
While Mylivn aims to create a sustainable environment for creators that want to put their NFTs up for sale, they understand that social media is also supposed to be fun. With Mylivn, you can express yourself in a unique way: using an NFT as your avatar.
This makes your avatar truly unique to your account and gives you a new way to create your digital identity.
Generating Passive Income Through Ads
Mylivn is also developing a smart world that’s purely digital. One of their goals is to sell geo plots in this smart world in the form of NFTs. From there, creators who own the plot can rent it out for advertising to different companies, allowing them to generate passive income.
Starting a New Generation of Social Media
The future isn’t coming; it’s here. NFTs, the blockchain, and cryptocurrencies are signaling a significant change in our world, and Mylivn is here to embrace that change. By incorporating NFTs in such a sustainable and unique way, Mylivn is ushering in a completely new age of social media, one that focuses on creators and not ad companies.
The change is coming faster than you think, which is why Mylivn is staying ahead of the curve. Find out more about how Mylivn supports content creators and other features of this unique social media platform on their website.
