F2P, quick for “Free-to-Play”, has been a thriving model in the gaming sector for the previous decade, producing considerable revenues. Not too long ago, there has been interest in applying this model to the music sector. Juice, a collective of music tech founders, artists, and investors, is exploring this notion in partnership with web3 startups DNS and Block Science.
Juice believes that there is a wonderful chance to create F2P small business models in music making use of crypto and decentralized technologies. They think that creators can kind their personal economies, enabling for the proliferation of F2P models. They also acknowledge that there is a great deal to be discovered from the gaming industry’s two decades of testing and improvement.
In a current weblog post, Juice discusses their method to developing about person creators as if they had been a game. They propose a model that makes it possible for creators to monetize their free of charge content material by generating a program inside their solution. The post delves deeper into the specifics of this model and is worth a study.
In conclusion, Juice is searching to disrupt the incumbents in the music sector by exploring F2P small business models with the support of crypto and decentralized technologies. By way of their partnership with web3 startups DNS and Block Science, they aim to generate a program that makes it possible for creators to monetize their free of charge content material.