Gate.io AMA with Access Protocol-Reinventing Content Monetization. Realigning the Creator / Consumer Relationship

2023-02-28, 06:39

Time: Feb 27th, 2023, 09:30 AM (UTC)
Gate.io hosted an AMA (Ask-Me-Anything) session with the Founder of Access Protocol, Mika Honkasalo in the Gate.io Exchange Community.
Official Website: http://app.accessprotocol.co/
Twitter: https://twitter.com/AccessProtocol
Follow Access Protocol on Discord and Twitter

Guest

Mika Honkasalo — Founder of Access Protocol

Q&A from Gate.io

Q1: What are the challenges for Media Monetization today?

Mika: Creator and user relationships are value extractive, making users unwilling to pay for standard subions.

Q2: What is Access trying to solve?

Mika: Access is reinventing the creator consumer relationship, creating a new incentive structure for users to engage with their preferred creators. Access is the base layer of media monetization and the foundation for brands and individuals to build out their web3 media strategy.

Q3: What kind of creators does access work with today?

Mika: Today Access has a product for publishers to integrate Access monetization directly on-site. We are building an independent creator platform for individuals and small organizations to publish and distribute content directly on site.

Q4: How are users and creators incentivized to use the platform?

Mika: By locking your ACS in a creator pool both the creator and the user receive a 50/50 split of the protocol inflation reward.

Q5: Why use a token instead of NFTs or creator tokens?

Mika: A liquid token enables network effects, enabling users to discover and subscribe to any creator within the Access eco with no barriers to entry.

Author: Rio Fu., Gate.io Community

*This article represents only the views of the researcher and does not constitute any investment suggestions.

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