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Fan Token, a Joint Blockchain Economy Built by Creators and Fans (Presented by WEMADE)
In the era of the content creator economy, the most common method of creators and fans to engage was through donations from fans to their favorite creators. This traditional method has been around for over decades and facilitated by the introduction of online payment solutions. However, this method of expressing loyalty to the creator is a passive and one-way street that limits further development in creating interactive engagement in the community. nWEMADE, one of the leading pioneers in blockchain technologies, aims to transform this mundane and simple method of community engagement into more fun and dynamic system that would ultimately change the narratives of community formation. This session introduces how creators and fans could create cooperative economic system by using their digital currency that expands the boundaries of community engagement and activities.
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