Cointelegraph and the Future of content monetization

To a great deal, there's something invaluable about being able to build an audience, a brand and reputation, this on its own unlocks leverage that can become a streamline of income.

When we look at the entertainment industry, we should see a great deal of this, with artists most specifically leveraging their audience to create income in numerous ways without necessary putting up their arts as a point of contact.

We saw this with Non-fungible Tokens becoming an industry wide hype, once again, a cryptocurrency and blockchain based product became an empowerment to the world, giving people the ability to earn money without dependency on big tech like Google.

Cointelegraph NFT articles

I 100% don't expect much utility to be built around this, but that's the thing, there really doesn't have to be any, NFTs gives the abundance in creation of value, a loyal audience will buy anything simply because they follow up your activities, we need to pay a great deal of attention to what is happening as it shows how the future of monetization in general, will look like.

The wait is over! After concluding a private sale for waitlist participants, Cointelegraph’s Historical digital collectibles have officially launched. The nonfungible token minting feature is now open for anyone who wants to collect NFTs of articles published by the world’s largest crypto news platform.

Starting Dec. 1, all articles published by Cointelegraph can be minted as NFTs on the Polygon blockchain. To collect an article, users must go to cointelegraph.com, select an article and click the “Collect as NFT” button found below the article’s artwork.^s

Starting today, cointelegraph articles can be collected as NFTs, what this does for the company is add to their income stream, it's like being able to monetize your content without asking for donations or running third party advertisements, but to the buyers, it does not mean much really, it's just a collection of random articles that honestly - there are no actual rights transferred in the process.

In transactions involving the purchase and sale of NFT Content, buyers acquire ownership of the Token and a non-exclusive license to use and display the Content in their cryptocurrency wallet, a marketplace, or any future service to display and trade NFTs. The ownership right to the Cointelegraph’s Content itself is not transferred to the purchaser by default.^s

So you see, cointelegraph still owns these contents, people are only just spending on them, which is a leverage every establishment has, the ability to draw value from the audience.

The future of monetization

Reflecting on what happened here on Hive with NFT for peace following the war between Russia and Ukraine, we see how NFTs can be used as a point of contact to not only create peace but to streamline value, this is a blockchain based mechanism that could potentially replace how donations are made. Instead of simply sending over cash, buy a NFT, that way, you basically have a representation of that good deed.

This can also be integrated with paid services, although it could be a bit trickier but premium payments could be done with NFTs. Establishments now have access to tools for content monetization that does not involve a third party taking a huge cut. All that's left is for individuals to build their own strategies that actually convert to value, then ease in creating an income flow becomes the aftermath.

Blockchain based products are paving the way for so many things, with NFTs having a variety of use cases, we see how this economy is actually geared for success.

Thank you and please leave a comment, your thoughts matter to me

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