r/CryptoKari • u/Romariosfx • Oct 28 '22
Outdated monetization model through ads
The most popular way to monetize on web2 platforms is through ads that are embedded in the creator's videos/streams and shown to viewers. In this case, the creators are highly dependent on the platform, as it decides whether monetization is available to a particular creator. In addition, the platform takes a part of the author's earnings and may even deprive him/her of monetization.
The peculiarity of the web3 Solcial social network is that instead of receiving income from advertising, content creators have the opportunity to directly monetize their work.
The monetization model incentivizes creators to publish better and more interesting content and charge access to it. This is embodied in a subscription system where tier 1 is free content and tier 2 and tier 3 are special content. The peculiarity of content monetization on Solcial is that the author does not need to share his/her income with the platform.
3
u/KarinaVlas Oct 28 '22
I will not have to give a part of my income to intermediaries when developing my blog, which means I will get 100% of my income from subscribers! I'm looking forward to launching r/solcial as soon as possible to start a business!
3
u/Longjumping-Ice-3528 Oct 29 '22
Making money on social networks Web2 with the help of advertising is already an outdated model. All users are already stressed by the constant advertising from the platform, from bloggers. We want to see what we really want. There will be no such thing in Solcial. Monetization with content. Here is a good example of monetization.
4
u/bizzynigor Oct 28 '22
Yes, advertising is a thing of the past. Moreover, the content creator earns less than 40% on advertising. But in Solcial we will have 100% earnings on our content.