Earn Your Leisure
Earn Your Leisure
EYL Network
How The New Wave of Tech Companies Will Power The Creators
11 minutes Posted Apr 11, 2024 at 6:00 am.
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11:23
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In the latest episode, hosts Rashad Bilal and Troy Millings sat down with guest Issac Hayes to discuss the revolutionary model of giving creators monetary control from day one. Hayes emphasized the importance of disruption in industries, particularly how artists, athletes, and influencers can use platforms like fanbase to circumvent traditional revenue streams and directly monetize their content and following. He detailed the existing issues within the social media landscape, such as creators not getting fair compensation, and how direct subscriptions can change that. With examples like YouTuber Kai who makes $400,000 a month from subscribers, Hayes argues that fanbase can allow anyone, regardless of follower count, to potentially earn enough to at least cover basic expenses, which is a drastic shift compared to what current mainstream platforms offer. The conversation also touched on fanbase's investment opportunities, with Hayes noting that users have already been able to cover their investments through the revenue they generate on the platform. Lastly, they tackled the topic of mergers and acquisitions and the current state of fanbase as it continues to disrupt the market without backing from major tech giants, remaining in the 'beat em' phase.


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