In a recent episode of SlateCast, Akiba from CryptoSlate engaged in a conversation with Fitzy, a key player at Shiller.io, about the ever-changing creator economy within the Web 3 era.
Shiller has set its sights on transforming the social and streaming realms by seamlessly blending Web 3 functionalities into the content creation and consumption process. Fitzy elaborated that Shiller functions as a streaming platform, offering audio or video rooms akin to Clubhouse or Twitter Spaces but with the added twist of video stages.
Central to the platform are two key components: First, Web 3 integration enables users to employ token gating for rooms and manage access through existing NFTs on Ethereum and Polygon, with other chains expected to join soon. Second, the platform incorporates social commerce technology, ensuring seamless transactions for both physical and digital assets within the platform’s ecosystem.
The Intriguing Link between Shiller, Snoop Dogg, and Co-founder Sam Jones
Fitzy divulged the fascinating backstory that connects Shiller with the iconic Snoop Dogg and its co-founder, Sam Jones. Jones, a seasoned British entrepreneur, boasts a rich background in the tech sphere, having worked across diverse Asian markets and established companies such as ooooo.com. His bond with Snoop Dogg can be traced back to his tenure as managing director at Wish.com, where he collaborated on promotional campaigns with stars like Snoop, Kendall Jenner, and Neymar.
Jones and Snoop’s deep involvement in Web 3 and their conviction in social commerce as the retail of the future gave birth to Shiller. The platform aspires to deliver a more genuine, unfiltered, and relatable experience for creators and their communities.
The Dynamic Creator Economy within Web 3
Akiba and Fitzy explored the current landscape of the creator economy in the Web 3 domain. Fitzy conceded that numerous creators are generating revenue and producing great content, but when contrasted with conventional platforms, there remains considerable room for growth. Shiller aims to become an instrumental tool that empowers creators to monetize their content, products, and services.
Advantages for Users and the Ongoing NFT Royalties Discourse
When juxtaposed with platforms like Twitch and YouTube, Shiller provides users with a more personalized experience through video stages, enabling creators and their audiences to forge deeper connections. Fitzy also delved into the debate surrounding NFT royalties, highlighting that Shiller’s social commerce technology allows creators to showcase NFTs during their streams and direct users to their preferred marketplaces.
Token Gating and Its Potential for Fostering Communities
The token gating functionality of Shiller allows creators to build communities centered around specific NFT projects, regardless of whether they have a direct affiliation with them. This unique value proposition could potentially lure more users and solidify the platform’s standing in the creator economy landscape.
Welcoming New Users and Shiller’s Future
Fitzy outlined Shiller’s strategy for attracting new users, stressing the significance of making the platform approachable for novices in Web 3 and NFTs. In addition, the platform intends to launch on-platform minting, enabling users to purchase access tokens for specific rooms without any prior blockchain knowledge. This streamlined onboarding experience seeks to entice a more diverse user base and further bolster creators in the Web 3 sphere.
To learn more, watch the podcast episode in full above.
Also known as Akiba, Liam is a journalist and editor of Blocklight at CryptoSlate. He believes that decentralized LEDGER technology has the potential to make widespread positive change. He predicts the next 10 years will bring in a dawn of a new age of technological innovation.