So, how do I earn from this model?
We are so glad you asked! Content creators can earn when their content is either bought or rented out. For instance, let's assume you upload a minute long video content and price it as follows:
- At $1 for a 3 day rental.
- Offer a sale price of a copy for unlimited access by 1 user at $3.99.
- Get 300 users to rent for 3 days or a 100 users to buy a copy of your workout in a 30 day period, you earn $699 for that period of time.
Wait, there is more (is this starting to feel like an infomercial? Sorry, we are testing out our swag).
The platform will have subscribed users and Gym pass NFT owners engaging with the platform at a flat rate per month a portion of this will go to the content creator based on the engagement with your content.
And if you are a metaverse fan, then live sessions in metaverse attract an average fee of $2.99 per session per user which if 30 users join costs $90 for a 1 hour session. If you do 4 in a month, that's an extra $360* on top of your regular content in the marketplace.