A Glimpse Into the Future of the Creator Economy

by BSC News

July 18, 2022

chain

Taking a closer look into some of the projects from the Launchpool Web3 Techstars Accelerator.

Rewarding creativity, encouraging active participation.

Let’s take a look at three projects in the Launchpool Web3 Techstar Accelerator program, that are all connected by the concept of the “Creator Economy” – where independent content creators, curators and community builders can build businesses and earn revenue from their creative work.

On June 30, Techstars held a demo day in Dublin, Ireland, with participation from nine potential startups in Web3, including the three we are putting in the spotlight here:

Barterchain

Founder: Carla Rosenkranz

Description: Barterchain is a peer-to-peer barter environment where members swap skills and services for tokens. They are creating an ecosystem that makes services more accessible to users and rewards them for their time, participation, and skills.

"After graduating in languages I relocated abroad, where I worked hard as an English teacher but often found myself cash-poor. One day I was particularly stressed out and needed the likes of a yoga class, which was something I couldn't afford... and then there was a light-bulb moment. I thought "what if I offer an English class in exchange for a yoga class?" and within a week - I was getting yoga, Spanish lessons, massages and my entire house cleaned!” Rosenkranz said.

How it works:

  • List your skills.
  • Find a match.
  • Negotiate a barter.
  • Earn rewards.

Blockchain: Ethereum Virtual Machine (EVM)

Crowdclass

Founder: Filipe Pereira

Description: Crowdclass decentralizes and incentivizes educational content and experiences. Crowdclass allows online teachers, creators, and educators to create better learning activities and be part of an ecosystem where they can be part-owners, influence its progress, and benefit from its growth. The Crowdclass ecosystem’s utility token is called CLASS.

How it works:

  • Engage: Build learning experiences; Incentivize behaviors and achievements, and distribute badges and rewards in the form of crypto and NFTs
  • Teach: Find your audience; Publish your courses and learning activities in a community-owned marketplace, where you can have a voice and impact on decisions and governance.
  • Earn: Monetize your activity; Get better marketplace fees and earn CLASS tokens for active participation and contribution to the community and ecosystem.

Blockchain: EVM compatible chains

Staxe

Founder: Luis Martinez

Description: Staxe tokenizes creative productions so that investors and collectors can share success. In addition to changing how creative productions are financed, the protocol enables direct exposure to creative productions as new asset classes.

How it works:

  • Explore and choose from a wide range of cultural and live productions.
  • Agree on the terms of the production.
  • Connect your Metamask wallet to buy tokens in the production of choice.
  • Exchange your cryptocurrency of choice with the production's token and confirm.
  • Resulting profits are collected and distributed.

Blockchain: Ethereum, Polygon

What is Techstars?

Techstars is an investment and innovation group connecting entrepreneurs, investors, corporations, and city governments to solve challenges across industries and geographies. They pioneered the accelerator program model in 2006, working towards their vision of a connected global economy of innovation.

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