Which Is the Top Blockchain-Based Entertainment Platform for Creators and the Community?
The online entertainment industry which is largely governed by a few online streaming platforms and content-sharing websites can benefit a lot from the inclusion of blockchain technology.
“Blockchain can bring more transparency, security and authenticity in the online media space and help bridge the gap between content creators and consumers,” says the CEO of Aboat Entertainment, an upcoming blockchain-based online entertainment ecosystem.
What makes Aboat Entertainment the top blockchain-based platform for content creators and consumers in the entertainment industry?
Aboat Entertainment is a blockchain project that connects entertainment with web3 (blockchain) to disrupt the way creators monetize their media content and make web3 content mainstream, i.e. accessible to more people around the world.
The blockchain-based Aboat Entertainment will help solve the many problems of the conventional monetization system of the entertainment industry, such as:
- High entry barriers for newcomers looking to promote and monetize their content.
- Limited options for creators to monetize their content and earn a fair value from it.
- Limited visibility, especially for newcomers and less-known creators.
How does blockchain help?
The inclusion of blockchain technology will help resolve the transparency concerns of the traditional monetization system and introduce a fair and safe way for creators to monetize their content through crypto and NFTs.
What does Aboat Entertainment do?
Aboat Entertainment connects blockchain with online entertainment to not only simplify the onboarding for new content creators and consumers to the web3 space but also to disrupt the monetization system by enabling both creators and consumers to get incentivized for their content and/or activity.
The Aboat ecosystem will use the power of community to provide new ways for creators to promote and monetize their content. At the same time, it rewards consumers for every activity within the ecosystem, be it watching videos or listening to music or sharing content with others.
The first product of Aboat Entertainment, called TalkAboat, is a Podcast & Live-session app through which creators can create and share podcasts and conduct live sessions with their communities in a way where both the creator and their community are incentivised. While creators get to earn rewards every time a new user accesses their content, consumers can earn for enjoying content in the web3 world.
Aboat Entertainment is a gamified ecosystem with incentivized visibility. The more popular a creator, the more incentives they can make.
Moreover, the platform allows creators to expand their earnings in many other ways, by selling shares of their content through the NFT marketplace and creating an NFT-based clubhouse and selling memberships to their fans.
Aboat Entertainment will use blockchain’s transparency feature to ensure honest ranking and review of creators on its platform. It will use Ranksystem to increase and incentivize the visibility of excellent creators. The creators with high-quality content and more popularity will automatically be ranked higher, which will improve their visibility and earnings.
The idea of the Aboat Entertainment ecosystem is to disrupt the way monetization in the entertainment industry works and shift the focus from the platform to the creator and the community, which are the two core pillars of the industry.