Great market visibility
NFTs flamboyant nature and its craze in the crypto market attracts the fan base of celebrities and social figures towards the market that gets huge traction and revenue to your marketplace.
Is choosing a streaming platform for NFTs, a better business option?
Streaming platforms are gaining huge traffic with its current trend and popularity.Serving as a medium to showcase skills gains huge attraction from the global community.The opportunity provided by the platform uplifts the life standards of many peoples and also serves the film industry by introducing emerging stars to the industry. The exclusive videos of fame are highly demanding in the platform that introduces new video trends. Streaming platforms are the most useful platform to spread information and make trends. Also, these platforms are capable of engaging and entertaining people for hours with its extensive library of contents.
Video streaming platforms always demand a sum from the creators to display their contents on their platform. This benefits both the content creators and platform owners, but the content creators lag in owning the complete ownership of the content they provide. These content publishing platforms like youtube and other streaming mediums may delete their content due to their policies. This sets back the video content creators from the freedom to publish contents. This also impacts the followers of those content providers. Blockchain’s innovative NFT’s offer a better business opportunity by creating a NFT streaming platform where the content creators can publish their contents in form of NFTs. The innovative platform benefits both the content creators and users with substantial benefits of blockchain.
NFT’s role in the Streaming Platform
Non-fungible tokens are the digital representation of unique assets that gain intrinsic value for your digital assets. Content creators create their videos and mint into NFTs for its unique token standards and exclusive features. These videos can be purchased or subscribed by the users to watch the video, and also, the users can own the complete ownership of the purchased video. Exclusive videos of celebrities like rare moments, funny moments can be sold for a huge price on the platform.
The platform has the possibility to evolve as a marketplace for selling unique video clips. Few marketplaces and auction platforms in the existing markets also allow to sell and purchase those NFT videos. These NFTs can be sold in the open market and other markets for a huge sum. Also some exchange platforms accept these NFTs as collateral in exchange for fiat or other cryptocurrencies for its intrinsic value.
NFT Marketplace for Celebrities
In recent times the celebrities are more interested in NFT and many celebrities of various professions are making their debut into the NFT market by launching their own NFTs. Celebrities have a huge portion to hold on to the NFT market’s popularity. NFT marketplace exclusively for celebrities will be a great service, where it will have more advantages than NFT marketplaces of other types. NFT marketplace for celebrities will have a wide opening and the brand establishment will have a huge role to play in this marketplace.
Benefits of NFT Streaming Platform
Enhancing lives
The world is wide enough to find talents in every nook and corners. This platform supports as a medium to expose their talents for global reach that changes their life.
Support from humongous industry
This phenomenal NFT subscription platform supports introducing talents to the film industries. This intense service for the industry attracts the giants of the industry to contribute your platform to bring out the talents.
Financial assistance
The content creators can be rewarded with fiat currencies or cryptocurrency or even with NFTs for their exclusive contents. This motivates and assists the content creators by creating more contents to gain fame and Influence.
Ownership of content
The content creators will have complete control and ownership of their content in the platform. This facilitates the users to enjoy all types of content created by users without any restrictions.
Social responsibility
Streaming platforms are the popular mediums to rapidly spread social issues and share information that brings changes to society. Creating NFTs for the influential speech videos may remain as valuable unique collectibles of history in the future.
Steady revenue stream for the platform
NFT streaming platform supports your platform with a steady revenue stream by transaction charges ,gas fee, and NFT minting charges. Inviting celebrities for promotion may also financially support your business with huge revenue.
Possibilities of NFT in the streaming platform
NFT for video streaming
Content creators can create their videos in the form of NFTs.The users can purchase the creator’s exclusive content as NFTs which may have huge value in the market. The user can resale the NFT or use it as collateral in exchange for immediate liquidity.
NFT for Live streaming
Users can subscribe with real cash or cryptocurrency to enjoy the live streaming of celebrities exclusive content. This facilitates the users to have ownership of their videos with great revenues.
NFT subscription platform
NFT streaming platform is a profitable choice to achieve your success in the NFT business. The platform allows the content creators to create their video in the form of NFTs. This allows the user to purchase the NFTs of the celebrities and other social influencers. This platform which can also act as a marketplace benefits the user, creator and the platform owner with a substantial revenue stream.
NFT as a reward
Offering rewards for the content creators in the form of NFT may benefit the content creators as well as the platform owners financially. Rewards like coins, characters, skins can be created as NFT. The user can purchase those rewards from the open market and offer it to the content creators to show their support. Content creators can use those rewards in their profile to elevate their profile value and followers support. The users can be benefited from the exclusive contents and by communicating with the content creators by offering such NFT rewards.
