Before web3, the only place where creators could produce this kind of useful content was on platforms that own the relationship to the audience and that paid creators on an ad or engagement-based payout model.
NFTs enable creators to establish and own their intellectual property, create a direct relationship with fans, accrue value, and take control of their creative future. Encantos lets creators mint on our platform.
They are proving the promise by launching their first NFT collection, Canticos Club, from their co-founder and Chief Story Officer, Susie.
Susie created Canticos, the number one bilingual preschool brand, 6 years ago and it has become a global property with millions of devoted fans. This first NFT collection features 10,000 generative NFTs of one of the brand's favorite characters, Kiki chickie.
This helps them to earn more tokens which are used to tip creators, and develop other kinds of rewards and incentives for kids to keep them on a fun and engaging learning trajectory.
Overall, web3 creates new opportunities for business models that are beneficial to the creators, as well as serve the families and kids who are consuming the content. With that being said, NFTs play a role in the web3 world of Encantos also.