F2P, brief for “Free-to-Play”, has been a prosperous model in the gaming business for the previous decade, creating substantial revenues. Lately, there has been interest in applying this model to the music business. Juice, a collective of music tech founders, artists, and investors, is exploring this notion in partnership with web3 startups DNS and Block Science.
Juice believes that there is a wonderful chance to create F2P organization models in music utilizing crypto and decentralized technologies. They think that creators can kind their personal economies, enabling for the proliferation of F2P models. They also acknowledge that there is significantly to be discovered from the gaming industry’s two decades of testing and improvement.
In a current weblog post, Juice discusses their strategy to developing about person creators as if they have been a game. They propose a model that permits creators to monetize their no cost content material by building a method inside their item. The post delves deeper into the information of this model and is worth a study.
In conclusion, Juice is seeking to disrupt the incumbents in the music business by exploring F2P organization models with the aid of crypto and decentralized technologies. By means of their partnership with web3 startups DNS and Block Science, they aim to make a method that permits creators to monetize their no cost content material.