Building Creator Monetization Opportunities With NFT

NFTs are booming! And clearly it’s not a joke anymore. NFT stands for Non-Fungible Token which means a piece of digital asset that can be either bought or traded using digital money. They are non-fungible which means you can’t trade the NFTs themselves with each other unlike the bitcoins.

Well in other news, a cat gif got sold out for $690000!

Sounds weird but here’s the proof!

It started in the year 2014 when Kevin McCoy planned to sell the NFT ‘Quantum’!

Little did we know that NFTs would impact our lives, didn’t we?

The point is people are interested in NFTs and they are heavily investing for the love of art, games, influencers, out of craze, inspiration, collectibles etc.

However if you are new to creating NFTs and monetising with it.. Then you are just at the right place.

In this blog, we shall get you through the ways in which you can monetise your NFT and the future NFT opportunities you can check out for yourself.

To begin with, NFTs are super flexible. Even if you are a newbie, influencer, creator, or brand belonging to any niche you can create an NFT for yourself and build your NFT community.

About NFT Creation:

• Pick up your niche (dance, movie making, cooking, painting etc)
• Select the blockchain you want to mint the NFT
• Create your digital wallet
• Choose the NFT marketplace
• Put the digital asset to the marketplace
• Work on the sales settings (pricing and auctioning duration)

If you need a detailed explanation on the steps then here it is!

3 Major Creator Monetisation Options with NFT

Monetise your NFT piece again and again and again…

If you have something unique and can transform it into a digital piece of content; then you have a clear opportunity to make the NFTs work for you.

Take for example, you create a brand content and get paid for it. The partnership is finished. But if you sell the brand content as NFT you can repeat the process as many times as you want till you get the right bidder. And it doesn’t end there, once the NFT is sold, the original would receive a 10% or a percentage value from all the future re-selling.

This means the monetisation process will keep on working for the NFT creator and help them earn through this new revenue stream.

Using NFT you can monetise your art form and let them work forever for your financial growth.

Make NFT as an exclusive passage for the people that love you!

You can make the NFTs work like a gateway to exclusive content.

If you are hosting a meet-up for your followers, then you can put up an NFT art and in return provide them the content or meet-up access.

Just like Gary Vee created the VeeFriends community where people can come and join together…buy NFT characters using a token and based on the selected NFT the users would get access to Google Meet with Gary, or have a brunch meet with Gary etc.

Also, at Spreadd we are bringing the NFT marketplace option which connects brands, influencers and content creators to connect and collaborate with each other! As an NFT influencer you can even improve your own skills, work independently, be more connected with your audience, and improve your personal brand value.

So, you see how it works? NFTs help build a unique relationship between the creator and the fans in a way that benefits both of them.

NFT as an influencer marketing content

Spreadd makes it possible for content creators and influencers to create content and upload the content templates to the content marketplace. Brands could take a look and select the suitable content piece which can be re-used for marketing purposes. This would incentivise the original creator thus supporting NFT-creators through influencer marketing.

Final thoughts!

NFT as a monetisation tool has a long way to go but if used in the right way — it has an immense potential to open up a great marketplace for the content creators and artists out there. Keep creating content for your audience, interact with them, provide value, and build a strong budding network. Because it’s important to have a strong community that trusts your values, considers your content worthy to invest for.

In the meantime if you like our content, don’t forget to visit spreadd.io where you can connect with your fellow creators, check out the latest trending campaigns, and build your own marketplace today!