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🎙 New Podcast Episode
Mint Season 7 episode 5 welcomes Farokh, social media entrepreneur and Founder of Rug Radio. Throughout the hour, we dive into the world of web3 social, memes, and using NFTs to build communities.
We discuss the potential of monetizing your media using crypto primitives, common themes in viral meme pages and social media accounts, and strategies for turning web2 consumers into web3 collectors. Farokh also shares his motivation, focus strategies, and tips for other creators looking to start their own NFT-based media projects.
I hope you enjoy our conversation.
Timestamps
00:35 - Intro
04:50 - Common Theme in Viral Meme Pages and Social Media Accounts
08:21 - Comparing Web2 Followers and Web3 Collectors
10:02 - Being a Platform Rather Than a Follower
11:56 - Rug Radio
26:03 - Best Practices for Media Companies and Creators Using Crypto to Monetize
32:45 - The Potential for Making Money from a Select Few in Web3 as a Creator
36:03 - Potential Market Cap Growth in Tokenized Content
39:50 - Strategies for Turning Consumers into Collectors
41:58 - Suitable Types of Content for Tokenization
46:37 - Motivation and Focus Strategies for Farokh
48:59 - Tips That Would've Been Helpful to Know Before Starting Rug Radio
51:05 - Outro
Additional Resources
🌿 Enter for a chance to win a Lens Profile
Lens Protocol is an open-source tech stack for building decentralized social networking services. The protocol was developed by the Aave Companies and launched on Polygon in May of 2022. Through Lens, web3 developers can build decentralized social media applications and marketplaces that leverage NFT technology to form a fully composable, user-owned social graph where the connections and interactions between people are owned by individual users and creators rather than established networks.
Complete the steps in the link below for a chance to win a Lens Profile.
🍄 Sign up for Bello’s Beta Access
Bello is the no-code blockchain analytics tool for web3 creators and communities.
It’s a new tool I built to help you guys learn more about your collectors.
Unlike other analytics platforms that benefit SQL-experienced users or professional NFT traders, Bello is a haven for non-technical users in a world where blockchain data is hard to fetch and understand.
If you’re a creator, NFT project founder, or community manager, this tool was made for you.
Join our beta waitlist today!
🪞 Join Mint
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🎙 How Web3 is Changing the Landscape of Social Media Monetization