F2P, brief for “Absolutely free-to-Play”, has been a prosperous model in the gaming market for the final decade, producing important revenues. Lately, there has been interest in the application of this model in the music market. Juice, a collective of music tech founders, artists and investors, is exploring this idea in partnership with web3 startups DNS and Block Science.
Juice believes there is a wonderful chance to create F2P business enterprise models in music working with crypto and decentralized technologies. They think that creators can type their personal economies, permitting the proliferation of F2P models. They also acknowledge that there is a great deal to study from two decades of testing and creating the gaming market.
In a current weblog post, Juice discusses their method to constructing about person creators as if they have been a game. They propose a model that makes it possible for creators to monetize their no cost content material by generating a program inside their item. The post goes deeper into the specifics of this model and is effectively worth a study.
In conclusion, Juice seeks to disrupt the leaders in the music market by exploring F2P business enterprise models with the enable of crypto and decentralized technologies. By way of their partnership with web3 startups DNS and Block Science, they aim to build a program that makes it possible for creators to monetize their no cost content material.