Elacity, a new Web3 platform, has announced the launch of an upgraded version that allows creators to tokenize content and earn directly from fans, excluding middlemen and censorship.
What's New in Elacity
The new version of Elacity allows creators to publish and sell content with full ownership rights. Users can tokenize media into secure digital assets and retain up to 95% of revenues. The platform also features smart channels with subscriptions and access to individual asset purchases.
Additionally, users can utilize existing tokens or NFT collections as access passes for community content and advantages. Elacity offers customizable royalties down to 0.1% and allows users to control secondary markets. Onboarding on the platform can be done through email, Apple, Google, or X, without a wallet requirement.
Importance of the Platform
Elacity transforms the traditional monetization model by granting full ownership of the platform and content to creators, which was previously controlled by services like Patreon and YouTube. This not only reduces reliance on platforms but also provides fans the opportunity to become part of a community-based economy.
Sasha Mitchell, founder of Elacity, stated: "We’ve rebuilt the internet for creators—where you don’t just post content, you own it."
Technological Foundation and Target Audience
Elacity is built on the Elastos SmartWeb and is powered by the ELA currency, secured by Bitcoin. This ensures a high level of protection for digital assets and creates a foundation for a new creator economy.
The platform caters to various user categories, including musicians, filmmakers, educators, and podcasters, allowing them to tokenize their work and generate potential income from sales, royalties, and drops.
Elacity represents an innovative platform that offers creators full control over their content and revenues. The new model allows for the creation of powerful communities and establishes a fairer economy for creativity.
