Make $$$ in Web3: A guide for web3 content creators
Improve your financial health by giving value to the fans that support you.
Let's talk about two things today - value and revenue. No fluff. They're the real deal. All the fame is nothing if you're not making enough money to sustain it.
Making money as a creator in web3 is important to building a successful business, and it's not just a side hustle.
Making money in web3 means you are delivering better value to your fans. You're giving them something in a way that they can't get anywhere else, and they're paying for it. But this isn't just any old product—it's an experience that allows them to connect with you in ways they haven't before, and maybe even get closer to you than ever before. And open up their wallet to you, with all the economic meltdown.
Creating this experience is what makes you a creator. It's also why you need to be thinking about how you will earn revenue from day one, even if it doesn't make sense at first glance.
At first, you might feel guilty charging your fans. Don't worry.
In web3, there are more creators than ever. The way you make money in web3 changes from the traditional marketplaces to cryptocurrencies and token sales. This is undoubtedly a time of opportunity for many creators around the world but it has also become much more competitive.
Leave the competition. Focus on value.
Takeaway: Making money in Web3 as a creator means you are delivering better value to your fans. If you are delivering better value to your fans, brands are going to have more fun following your work. And working with you.
You need a plan for how you're going to monetize your content. Do you want to charge for access? Maybe there's an opportunity for affiliate links or sponsorship? Maybe there's someplace on social media where people might pay for ad space? It's up to you! There are many ways to monetize your work, but the key is finding one that works for all sides: you, fans and the brands.
Take a risk with your content; sell it!
So how do you do it? It's about taking risks and making the most of opportunities when they present themselves.
Here are some tips for making money in web3 as a creator:
1. Create content that people want to see. This feels like repetition (of course it is!). Make sure your work isn't just thrown out there, rather, it is something people actually care about and enjoy.
2. Be authentic. Don't try to be like the other guy. Do what you love and who you are, not what everyone else wants you to be. Your fans know the difference - when you're real or faking it.
3. Have fun. Life is already hard as it is. Making money isn't always easy, but if you're having fun along the way, then it's worth it!
At Moor, we help creators succeed by offering a suite of tools, like our ads platform and financial tools, that allow you to:
- Host your content
- Monetize your content
- Connect with your audience
We'd love to show you how our platform will help your business grow and thrive in this new world of distribution—and we'd love it even more if you could Sign up to join our waitlist.
PS: Read “Distribution tools for creators”.