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Disrupting the Creator Economy: the Peeps Platform

January 7, 2022
in Crypto News
Reading Time: 4 mins read
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Disrupting the Creator Economy: the Peeps Platform
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Peeps is a social platform giving back to the creator economy, making it truly community owned.

Peeps is a subscription-based social platform for creators and fans to earn rewards together. Peeps will disrupt the creator economy by offering a decentralized, trustless, and community-owned platform, bridging the User’s consolidated digital identity to the Metaverse.

On Peeps.me, every content creator can be supported by their community through “#NameStaking”. Fans stake on a channel and earn. This is making Peeps the first content platform to align the interests and ambitions of all parties.

Powered by the ultra scaling solution Polygon, Peeps is creating the most liquid and dynamic market for content on the web3. A welcome novelty in two sectors, that are experiencing a period of intense growth: NFTs and the creator economy:

  • $10,7 billion in NFTs were sold in Q3 2021, a 700% increase from Q2 2021
  • The creator economy is now worth over $104 billion worldwide
  • The internet counts over 50 million independent content creators and growing

With this growth of the creator economy, more and more creators are faced with the issues of current market realities:

  • Lack of long-term incentives of followers
  • High commissions dictated by centralized platforms
  • Censorship and arbitrary rules
  • No option for anonymity

Peeps.me solves these problems by offering tangible benefits:

Followers get earnings

On Peeps.me, users start a channel (or more than one), create content, and share it with their followers. On the one side, channels can be free to follow or subscription-based, generating revenue for the creator. While on the other side, fans can capitalize on the success of a channel by endorsing the content via #NameStaking. Everyone can stake on a channel and receive a fair share of generated revenues.

No commissions: Everybody Wins

Peeps itself doesn’t leverage commissions of any kind on creators’ earnings, compared to Patreon’s 12% and Onlyfans’ 20%. On the Peeps Platform, the community receives all the revenue they earn. Creators share a part of their revenue with their followers for their support of the channel.

Anonymity & Free Speech

Built on Polygon, Peeps is truly decentralised, free from interference and censorship, while maintaining the complete anonymity of creators, for those who request it. Creators will be able to unleash their creativity like never before on the Peeps Platform.

Project Summary:

Peeps is an upcoming social platform, offering a subscription-based model that rewards both, the creators and the fans, without any intermediaries. Taking advantage of the scaling solution Polygon, Peeps is creating an ecosystem that rewards all participants fairly and disrupts the Creator Economy.

Peeps tackles the main problems of the current creator economy:

  • Followers do not get paid
  • High commissions dictated by centralized platforms
  • Censorship and arbitrary rules
  • Lack of anonymity for creators/users

With the introduction of #NameStaking, Peeps gives the ownership back to the actual users of the platform. Everyone benefits from a profitable, trustless, and uncensored place to generate revenue while enjoying content.

On Peeps.me , users start a channel (or more than one), create content, and share it with their followers. On the one side, channels can be free to follow or subscription-based, generating revenue for the creator. While on the other side, fans can capitalize on the success of a channel by endorsing the content via #NameStaking. Everyone can stake on a channel and receive a fair share of generated revenues.

This means Peeps is fair. Fans receive the part that centralized platforms are usually taking for themselves. Fans stake on a channel they like and receive rewards every time the creator generates revenue on the platform. Peeps.me is managed by its community and since being permissionless, no one needs to disclose their identity.

For the first time in the creator economy: everybody wins.

Official website: https://peeps.me/ 

Whitepaper: https://peepsme.gitbook.io/peeps-platform-overview/

Discord: https://discord.com/invite/5Ufvs6hkKQ

Twitter: https://twitter.com/peepsmeofficial 

Medium: https://peeps-me.medium.com/

Telegram group: https://t.me/peepsme


Credit: Source link

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