Are NFTs a Sustainable Business Model for Creators Tokenizing Communities? | PART 1 of 3

Everyone is pushing to incorporate NFTs into their
businesses/communities but are NFTs actually a sustainable
business model for communities? In Part 1of this 3 part series we
discuss what web2 communities are doing,  the current Web3
community playbook as well as alternative business models for
creators moving forward.


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Guiding entrepreneurs, businesses and creators into web3.
Together we’re exploring how to use NFTs, Crypto and Web3 to
create thriving communities and build sustainable business
models.


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Kyle Reidhead: https://twitter.com/KyleReidhead


Jay Hamilton: https://twitter.com/jaybird_nft


Name: Kyle Reidhead
Twitter: @kylereidhead - https://twitter.com/kylereidhead?lang=en


TIME POINTS


0:00 - Intro


3:35 - NFTs for business and community


7:00 - The current NFT community playbook in web3


11:25 - The playbook to monetize digital communities in web2


16:59 - The current business models of NFT tokenized communities


18:37 - NFT royalties as a business model for tokenized
communities


25:03 - Alternative business models for creators with NFT
tokenized communities