Unlocking potential for Web3 creators: ReadON joins Cointelegraph Accelerator
ReadON aims to utilize blockchain technology to solve age-old Web2 content issues while giving back control to users. The creator economy has become a $100 billion market thanks to the rise of social media and digital content. However, it’s bound mainly by centralized content platforms, leaving dismal incentives for actual creators to provide better content for audiences. YouTube’s latest efforts to compete with TikTok and Instagram, YouTube Shorts, is notorious for giving minimal gains for creators and Twitter recently started paying peanuts for content creators . Content creators are looking for new ways to reclaim their control over the content, which could enable communities to discover their preferred content, protect users from data violation and ensure a more balanced distribution of traffic and earnings for all parties. Web3 puts creators and users back in the driver’s seat by providing transparent, traceable, scalable content distribution opportunities. Unlike centraliz...