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