Decentralized media may represent a new future: one that puts creators on top

One of the vital points content material creators and artists face at this time is a scarcity of management concerning their total content material. Platforms like YouTube and Twitch always alter the foundations on the subject of content material uploads, forcing customers to cater to those new algorithms in the event that they want to succeed.

As a substitute of media conglomerates proudly owning and controlling content material, creators posit a special thought — that media organizations needs to be owned by creators and shoppers fairly than third-party intermediaries. Such a view is normal within the Web3 house, and thankfully, decentralized expertise reminiscent of blockchain and cryptocurrencies allow this future. And one mission, the Cardano (ADA)-powered Flickto, is aiming to facilitate it.

Decentralized media

Flickto is constructing what it calls DeMe, or decentralized media. To Flickto, DeMe is outlined as an open-source platform that enables customers to pitch and fund their media tasks. 

Whereas creators pitch their tasks on the Flickto incubator, the group is voting on those they imagine have probably the most worth. Supporting tasks is feasible via staking the FLICK token and voting on pitches that the consumer deems worthy. Tasks with probably the most votes will obtain funding from the Flickto platform, alongside help in numerous avenues like advertising, gross sales, pre- and post-production and far more. 

From there, voters can talk with creators, making certain the 2 events can work collectively to create one thing really outstanding. Voters can then earn FLICK when tasks carry out effectively, producing a passive revenue for themselves.

Democratizing creation

Flickto hopes to attain what the present artistic business can’t: the democratization of content material possession. Nonetheless, they’re on the lookout for group funding to take action. 

The corporate is presently holding an preliminary staking pool on Cardano and has additionally been working onerous to increase different choices. It has lately expanded its workforce, established new partnerships, held two profitable IDO raises and extra –– all to construct the inspiration of its imaginative and prescient.

“The optimism and hope generated by DeMe is to not be understated. The power for anybody to study and apply their artistic experience to supply significant content material has been emphasised via the rise of platforms like Youtube the place creators finally give away possession and artistic management to satisfy the wants of obscure algorithms or centralized authority,” the workforce shares.

“Flickto brings change to this establishment. Inserting creators and shoppers within the driving seat of media tasks to make sure they create thriving communities and tasks not reliant on a centralized authority.”