Since the inception of major social media platforms such as Youtube, Instagram, and Twitter, creators have been looking for ways to monetize the content they create to benefit themselves, but also to create more premium, paid content for their fanbase. The problem is that current monetization efforts often push consumers into monthly subscriptions, which quickly become costly when each of your favorite creators has their Patron. So, what if you could only pay for the specific content you wanted to see? An upcoming project called WUBITS aims to do just that.
What is WUBITS?
WUBITS is a Web3 social platform for the crypto community that monetizes content beyond the boundaries of existing Web2 social media platforms. It’s a reliable solution looking to reshape how creators monetize their content and consequently, how it’s viewed.
How Does WUBITS Work for Creators and Influencers?
WUBITS provides a platform for creators to sell their premium content by tokenizing it into smaller pieces. Instead of a monthly subscription, why not just pay for individual posts? It provides an opportunity to generate revenue through individual articles, signals, posts, alerts, insights, tips, and tricks. In addition, Q&A sessions and AMAs can be hosted on this Web3 social platform to gain more traction.
New monetization models created through on-chain crypto smart contracts, such as pay-to-read and earn-to-promote, are supplementing existing pricing models such as monthly subscriptions, which can be used by creators to take their overall revenue to the next level.
WUBITS allows content creators to sell content to people who are not yet their customers, growing their social influence and fan base in the process. This way, they can increase exposure for themselves and the crypto community as a whole.
Unlike YouTube and other Web2 platforms, WUBITS allows you to give two options to your fans. You can either give them pay-to-read, or users can subscribe to your channel to view your content. (The subscription feature will be rolled out in future updates)
How Is WUBITS Unique?
There is a plethora of well-known Web2 social platforms, such as Twitter, Facebook, Instagram, YouTube, TikTok, and Medium. In addition to these well-established networks, emerging blockchain-based social media platforms like Steem and DeSo are also becoming increasingly popular, which begs the question as to the inception and need for WUBITS.
The answer to that question is simple. While Web2 social platforms provide content creators with a means to distribute their content, they are also very restrictive in many ways. This includes unwanted ads and limited monetization opportunities.
When it comes to emerging blockchain-based social platforms like DeSo and Steem, they have solved major problems with existing Web2 platforms, but they still have flaws. For example, on these platforms, all your content will be present on the blockchain forever and can never be erased. You cannot edit or delete your content and you have to use the platform’s token to operate on these Web3 social media platforms.
This is where WUBITS comes into the picture, which takes the best out of both the Web2 and Web3 content platforms and presents you with a one-stop solution where you enjoy:
- The best of Web2 without censorship or ads.
- Right to be forgotten. You own your content. Edit or delete as you wish.
- You decide what content to monetize, with the bulk of the proceeds going to you as a creator.
- You decide what content to promote to your followers, not the platform.
- Ultimate flexibility with crypto and Web3. You pay or get paid directly, no matter who or where you are.
WUBITS is the Future of Web3 Social Media Platforms
WUBITS is the perfect solution for content creators who want to monetize their content without having to deal with censorship or ads. With WUBITS, you can delete or edit your content as you wish, whilst getting to keep a majority of the proceeds from your sales. So, if you’re looking for a one-stop solution for all your content needs, look no further than WUBITS! Visit their website at www.wubits.com or follow them on Twitter at @0xWubits.
Disclaimer: This is a paid post and should not be treated as news/advice.