Spotify plans join nft craze11/8/2022 Platforms themselves also don’t hesitate to ban even the biggest creators if they believe there may be a threat to their brand. Creators have found other ways to monetize, too – affiliate marketing, selling courses and tips from fans all provide additional revenue streams.ĭependence on any given platform can also be a vulnerability, as Russian influencers discovered when the government banned Instagram in mid-March. Bear in mind that this astronomical growth has come about in an environment where creators have very few means of directly monetizing their content.Īccording to Influencer Marketing Hub, over three-quarters of creators rely on brand sponsorships as their main revenue source, whereas only around 5% depend on ad revenues. Register Here Leveling up the creator economyĬurrently, the established creator economy is estimated to be worth over $100 billion and is on a growth trajectory that could see it reach into the trillions within a few years. Join today’s leading executives at the Low-Code/No-Code Summit virtually on November 9. Instagram head Adam Mosseri just shared on Twitter that the photo-sharing platform is rolling out the “ability for creators, and people, to share NFTs that they’ve made or that they’ve bought, either in Feed or in Stories, or in messaging.” At an event at SXSW in late March, Mark Zuckerberg announced plans to integrate NFTs into Instagram “in the near term” – and those plans materialized faster than most expected. But that’s set to change.Īt the start of this year, Twitter launched a limited feature that allows users to upload NFTs to their profile in the same way as a profile picture. NFTs may be one of the most talked-about trends happening on social media, although until now, NFTs haven’t featured much within social media. If it feels like the NFT trend is already fairly ubiquitous, then, to coin a phrase, you ain’t seen nothin’ yet. Hear from executives from Service Now, Credit Karma, Stitch Fix, Appian, and more. #Spotify plans join nft craze free#Register now for your free virtual pass to the Low-Code/No-Code Summit this November 9.
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