If you’re in the creator economy space, there’s no doubt you’ve seen words like “NFT” and “crypto” floating around. Many content creators know that Web 3.0 is highly important but don’t where to start. How about right here?
This week on our Creator Frontier show on Fireside, we were pleased to interview expert Melissa Henderson on how crypto is changing the game for creators. Melissa is a tech lifestyle writer and businesswoman with a specialty in creative storytelling. Melissa writes and shares her latest insights on Web 3.0/Crypto on her website and newsletter ‘Crypto in the City’.
Not only has she studied crypto trends for years, but she has also experimented with her own successful NFTs. She runs an inspiring VR website named Violet Summer Zine, making the future of Web 3.0 more accessible and sustainable.
What we cover in this episode
Melissa shares —
Cryptocurrency basics and how Web 3.0 is evolving
The difference between crypto coins and tokens, with their real-world uses
Melissa’s own experience minting NFTs and smart contracts
The latest ways to monetize content in the creator economy
Actionable tips to get started, with leading examples of Web 3.0 platforms and networks
Click on the banner below to watch the episode recap.
Crypto 101 — Cryptocurrency is a digital asset that exists within blockchains, powered by cryptography.
Cryptomining is the process of solving complex math equations to validate crypto transactions in the network and add new blocks to the blockchain.
Creators today can sell/buy on NFT marketplaces and even build their own marketplaces using open-source code. You can now track ownership history, specify creator royalties in your smart contract, and compound your value as a creator in the long run.
How to get started?
Download Metamask or any other reliable crypto wallet that will interact with the blockchain. Your wallet address is going to be your digital address.
Buy cryptocurrency from an exchange like Binance or CoinBase. (Please note that this is not financial advice, proceed only after appropriate research and risk evaluation.)
Now, you’re set to navigate NFT marketplaces like OpenSea, where you can connect your wallet, upload your creative work, mint NFTs, and sell/buy them.
“If you’re an artist, you could be paid for your work, and years later, your children could be paid for your work because it’s listed on the blockchain. That’s the power of the creator economy.” -Melissa Henderson