The world now circles the concept of a creator economy, a class of businesses dependent on curators and other community builders. Unfortunately, with so much content being created and distributed daily, developed works quickly succumb to the mercy of publishers, brands and other social media communities. As a result, these very artists often only receive royalties for using their assets once, making it difficult for them to earn a fair value and remain incentivized to continue supporting the very real creator economy. A secondary concern comes down to asset ownership since a minimal amount of policing exists to protect creators’ works from unsolicited distribution.
The blockchain aims to solve these concerns by enabling artistic works to be permanently stored on a public ledger to secure and store these assets, thereby preventing them from being duplicated or fraudulently used. With the introduction of nonfungible tokens (NFTs), content creators can monetize their digital works by attaching value to creative work and posting them for sale on a specified marketplace. Creators then maintain complete control of their work while also receiving incentives to continue developing content. For this reason, NFTs have quickly become recognized as an ideal solution for content creators.
Spurring on the creator economy in a digital world is Chillchat, a pixel art gaming metaverse that runs on the Solana (SOL) blockchain. On Chillchat, players are given the power to create characters, stories and anything else they can imagine, including entire worlds from scratch. With features like the World Builder tool, users can begin building new spaces, tile by tile. Created characters may also be animated with the Pixel Editor or become part of
Read more on cointelegraph.com