Tokenized Twitter & Locking It Down

I’m going to take this newsletter off of a weekly sending cadence, for now at least. I want to go deeper into topics and only produce content that is truly open-rate worthy. I’m also going to be contributing unique content to DAOs.

If you’re missing me, don’t forget I’m active on Twitter as well as the Less Permission Discord community (free to join).

Here are my recent discoveries in the world of creator meets crypto…

Minds.com has raised another $10M for its decentralized social network and messaging.

The CEO and founder Bill Ottman is quoted saying:

The platform rewards participation through their own $MINDS token, and has added liquidity pooling rewards on Uniswap where you can unlock ‘ad mining’ (reported by Decrypt) and get your channel (this is mine) advertised within the platform. You can also spend $MINDS tokens to directly purchase advertising impressions (Minds Boost) on other channels without a middle man taking a cut.

Minds have a subscription service for creators called Minds Pro where you can offer paid content to your followers (and receive tips from them) in the $MINDS token and other cryptocurrencies as well as USD (Minds Pay). This is somewhat similar to the forthcoming Super Follows by Twitter which will only be charging followers in fiat using Stripe.

And they also have a subscription service for users called Minds Plus, similar to Medium, where a $5/m payment is shared with the creators who submit the most popular content.

Unlock is a blockchain protocol you can use to lock down paid content, such as paid newsletters.

For example, this URL is how The Defiant uses Unlock to charge for their newsletter content, priced in the stablecoin DAI.

Unlock itself offers a free 30 day membership by issuing an NFT which unlocks their Discord using Swordy Bot.

And they even have a Wordpress plugin and an example of how it works to unlock the story How to Fix the Web for Creators.

Right, that’s it from me, I will catch you in your inbox soon.

Cheers!

Richard