Putting Creators First: How Web3 Changes the Future for Creatives

It’s been impossible to stay away from the letters “NFT” recently. And if you’ve done some reading, you’ve probably read about Web3 as well. But what do these actually mean, and can they offer something new for creators?

Well, the answer is yes. But the details are a bit more complicated than that.

While it can be hard to grasp the details, Web3 changes the game for content creators and allows them to take charge of how they monetize their content and make a living out of doing what they love.

And today, we’re going to take a look at how it can do that.

Keep reading to discover what web3 is, what it means for content creators, and a new platform that has the potential to finally put these theories into practice.

What Is Web3?

Web3 is the new age of the internet, one that’s built on the blockchain. You might have heard of the blockchain before, as it’s the technology upon which cryptocurrencies like Bitcoin are built.

The blockchain is an immutable and decentralized ledger of transactions on the internet, which has grown to include NFTs.

For content creators, NFTs are the most practical application of the blockchain. It gives you digital ownership over a piece of digital art which is stored on the blockchain, meaning no one can dispute your claim over the art.

So, platforms that utilize NFTs and the blockchain are a part of Web3.

Web1 is considered the birth of the internet when people were just beginning to learn of its potential. From there came Web2, which some people dub the age of centralization.

Currently, we’re seeing the growth of Web3, which is the age of decentralization. This can change the way we see the internet as a whole, but it’s no secret that Web3 hosts the greatest potential for online content creators.

What Does Web3 Mean for Creators?

Web3 and NFTs have been receiving mixed responses recently. There are many people comparing the current NFT craze to the DotCom bubble of the 90s, and the similarities are glaring.

But keep in mind that the DotCom bubble was a necessary step in discovering what was and what wasn’t possible on the internet. The same goes for the current state of NFTs.

So, while it may be facing a rocky start, keep in mind that it will take some time to figure out the true potential of NFTs and building platforms on top of the blockchain. But here are some simple ways it could help creators.

Solves Web2’s Problems

To start, Web3 has the potential to solve the current Web2 problems that many creators face. One of the biggest problems of Web2 is that it’s focused on the platform. Web2 gave us Facebook, Instagram, and modern social media. However, the infrastructure of Web2 is geared towards aiding the platforms and leaving the creators breathing life into the platforms as an afterthought.

Whether in the form of ads, prioritizing money, or controlling the content which you can monetize, Web2 provides a host of problems for creators. But with Web3, the creator is the focus, which is why it provides ways for creators to properly monetize content and make a living.

Take Control of Your Content

With Web2, you don’t have control over your content. After spending a lot of time and effort creating content and posting it on a social media platform, you risk your content getting banned for no reason. Or, your content may get demonetized for things outside of your control.

This won’t be a problem with NFTs. Countless websites can connect with your NFT wallet over time. And if you choose to remove your art from one website to another, you can do that as much as you want since you are the owner of the content.

Royalties

Lastly, there’s potential to make long-term royalties with Web3. With NFTs, you don’t have to give any percentage of your earnings to the platform. You get to keep everything you earn, which you deserve as the content creator.

This is something that isn’t possible with Web2. This is why Web3 can offer a lot of advantages for content creators, and it’s just a matter of time before we finally see people making the switch.

Who Uses Web3?

Web3 is growing. This is a new technology, so it might take some time for people to start migrating toward Web3. However, we can already see it starting. There are many platforms that are starting to adopt Web3 and incorporating the blockchain.

However, not many platforms are doing it as well and showing as much promise as Mylivn, a social media platform designed for the future.

Mylivn — A Social Platform Embracing the Future

Mylivn isn’t an existing platform adopting Web3 and the blockchain; it’s a new platform built on these new concepts. And one of the ways it’s doing this is by putting creators first, which is a key aspect of Web3.

With Mylivn, you get a quintessential SocialFi platform. You can create art, monetize content, and connect with other people on the platform. With Mylivn, the content you create is yours, and you have tons of opportunities for monetization on the network.

On top of that, they prioritize your privacy. Social media platforms built on Web2 like Facebook and Instagram sell customer data to advertisers. Mylivn won’t do that.

As an EU-based company, they follow all the EU standards for data privacy, giving you power over your content and your data. This is a new concept that social media platforms have yet to adopt, putting Mylivn far ahead of the competition.

Web3 is coming, whether you like it or not. If you’re a content creator, you can prepare yourself for the rise of Web3 by getting on it before other people. And with Mylivn, you have an easy way to enter Web3 and finally take control of your content!