Teaser: How Web3 is Changing the Landscape of Social Media Monetization

Mint Season 7 episode 5 welcomes Farokh, social media entrepreneur and Founder of Rug Radio. Throughout the hour, we dive into the world of web3 social, memes, and using NFTs to build communities.

We discuss the potential of monetizing your media using crypto primitives, common themes in viral meme pages and social media accounts, and strategies for turning web2 consumers into web3 collectors. Farokh also shares his motivation, focus strategies, and tips for other creators looking to start their own NFT-based media projects.

I hope you enjoy our conversation.

Timestamps

00:35 - Intro
04:50 - Common Theme in Viral Meme Pages and Social Media Accounts
08:21 - Comparing Web2 Followers and Web3 Collectors
10:02 - Being a Platform Rather Than a Follower
11:56 - Rug Radio
26:03 - Best Practices for Media Companies and Creators Using Crypto to Monetize
32:45 - The Potential for Making Money from a Select Few in Web3 as a Creator
36:03 - Potential Market Cap Growth in Tokenized Content
39:50 - Strategies for Turning Consumers into Collectors
41:58 - Suitable Types of Content for Tokenization
46:37 - Motivation and Focus Strategies for Farokh
48:59 - Tips That Would've Been Helpful to Know Before Starting Rug Radio
51:05 - Outro

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Claim Season 7 NFT
adamlevy.io/nft/

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Support Season 7's NFT Sponsors

🌿Enter for a chance to win a Lens Profile
Lens Protocol is an open-source tech stack for building decentralized social networking services. The protocol was developed by the Aave Companies and launched on Polygon in May of 2022. Through Lens, web3 developers can build decentralized social media applications and marketplaces that leverage NFT technology to form a fully composable, user-owned social graph where the connections and interactions between people are owned by individual users and creators rather than established networks.

Complete the steps in the link for a chance to win a Lens Profile: adamlevy.io/lens-protocol-season-7-campaign/

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(🍄,🔍) Bello: The #1 for blockchain analytics tool for web3 creators
Bello is the no-code blockchain analytics tool that empowers web3 creators and communities with actionable insights on their collectors through a simple search.

🔓 Join private Beta: www.bello.lol/join

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Follow Adam Levy on social media:

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#bytes
#bytes #bytes #bytes

We’re so grateful to join the Lens community, and we want to properly introduce ourselves for those who don’t know us.

LNRZ is a web3 music incubator and we are firm believers in the next generation of talent. 

As a community we curated a list of 5 emerging acts that include:

Aly

Tate Tucker 

Vaarwell 

Mark Johns 

Madelen Duke

FRIDAY we launch our genesis collection entitled “SATELLITES” consisting of 1250 editions 

(More details linked below). 

We’re always on the lookout for more artists to collaborate with, so make sure to comment below who we should be paying attention to.

Be sure to follow us and collect our genesis post. 💜

mirror.xyz/lnrzdao.eth/fy1kIlR_mqeEHlE95ZwGAqdi-FGxZ4IVNVvSPOSVFaI

ARBITRUM AIRDROP IS LIVE 🔵 🪂

Finally, ARB claim site started to work a few minutes ago.

Thread: how to claim and delegate right now! 🧙‍♂️ 🏛️

▓▓▓▓▓▓ 100%

To claim:

1. Go to Arbitrum's website: 🔗 arbitrum.foundation

2. Click on "Claim" and follow the steps

3. Delegate to olimpio.eth 🏛️

4. ✅

If you believe I am the right fit. My principles are decentralization, self-custody, privacy

For months, I recommended everyone to delegate their $OP tokens.

Then, Optimism did their Airdrop #2, and one eligibility criteria was to be active in governance (a.k.a. delegating)

Do with this as you may 👀

💡 ICYMI: delegating is enabling your voting power to a delegate

Here is my delegate application and some thoughts of DeFi, blockchain, and governance:

🏛️ forum.arbitrum.foundation/t/delegate-application-template/31/230?u=olimpio

Where to trade ARB?

• Use DexScreener/GeckoTerminal to monitor blockchains for pools.

1. Take $ARB's token contract: 0x912ce59144191c1204e64559fe8253a0e49e6548

2. Paste in on dexscreener.com / geckoterminal.com

3. You will see a pool list where ARB is trading!

Also, centralized exchanges CEXs are listing $ARB.

Almost all of them confirmed listing.

• Binance: today 17:00 (UTC)

• OKX: today (UTC) - 20 mins after claim opens

• Kucoin: today (UTC) - immediately on claim open

• Coinbase: "if and when liquidity conditions are met" 🤡

Transactions not going through?

• If you are having problems with your transactions going through, Arbitrum RPC nodes could be having server load issues.

Here is a thread I made to create your custom RPC endpoint for free and in 5 minutes: twitter.com/OlimpioCrypto/status/1638665520940560384

ARB had a rocky launch, with their main website failing for more than 1 hour, and Arbiscan also going down.

The team denies it's from a DDoS or similar attack, they say it's just server load.

If you are still experiencing issues, retry, it works intermittently.

⚡️