HypeshotIntroducing Creator Nouns - Technical Overview and Nuances
tl;dr and Motivation for Creator NounsWe are launching a Nounish protocol and creation tool called Creator Nouns that allows creators to monetize using recurring auctions. Anyone can upload a collection consisting of images (and soon any file types like audio or video) and run auctions (which you can try here), with their own creator-owned NFT contract. Continuous auctions can be a powerful mechanism to fund systematically underfunded goods and a way for patrons funding them to have provenanc...
HypeshotIntroducing Live Airdrops
We’re super excited to launch Live Airdrops! With Live Airdrops creators can nowInstantly airdrop all viewers in their stream with any ERC-721 or ERC-1155 tokenAirdrop a random viewer in their stream with an NFTWith live airdrops you can reward and engage your audience for attending your livestream We currently support NFTs on ETH mainnet, Polygon, and Optimism. How it works:Head to the stream manager on your dashboardClick on AirdropSelect the chain and NFTs you would like to airdropIf you’d...
HypeshotIntroducing Farcaster Channel NFTs
Create Farcaster Channel NFTs on HypeshotWe’re excited to share that NFTs created with Hypeshot’s creator tools now automatically create channels on the Farcaster Protocol!If you'd like to create a channel with your NFT just check this box before deploying!Channel creation works for both ERC-721A NFTs and ERC-1155 collections. You can try it out here: www.hypeshot.io/createMonetization & Raising Funds for Channels:Since channels can be formed around NFTs, funds can be raised via creator ...
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HypeshotIntroducing Creator Nouns - Technical Overview and Nuances
tl;dr and Motivation for Creator NounsWe are launching a Nounish protocol and creation tool called Creator Nouns that allows creators to monetize using recurring auctions. Anyone can upload a collection consisting of images (and soon any file types like audio or video) and run auctions (which you can try here), with their own creator-owned NFT contract. Continuous auctions can be a powerful mechanism to fund systematically underfunded goods and a way for patrons funding them to have provenanc...
HypeshotIntroducing Live Airdrops
We’re super excited to launch Live Airdrops! With Live Airdrops creators can nowInstantly airdrop all viewers in their stream with any ERC-721 or ERC-1155 tokenAirdrop a random viewer in their stream with an NFTWith live airdrops you can reward and engage your audience for attending your livestream We currently support NFTs on ETH mainnet, Polygon, and Optimism. How it works:Head to the stream manager on your dashboardClick on AirdropSelect the chain and NFTs you would like to airdropIf you’d...
HypeshotIntroducing Farcaster Channel NFTs
Create Farcaster Channel NFTs on HypeshotWe’re excited to share that NFTs created with Hypeshot’s creator tools now automatically create channels on the Farcaster Protocol!If you'd like to create a channel with your NFT just check this box before deploying!Channel creation works for both ERC-721A NFTs and ERC-1155 collections. You can try it out here: www.hypeshot.io/createMonetization & Raising Funds for Channels:Since channels can be formed around NFTs, funds can be raised via creator ...
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TLDR: Fuse enables easy on-chain co-creation & attribution
Fuse allows creators to remix and build on top of other NFTs while programmatically attributing all the creators on-chain who have remixed content. If an NFT is sold, revenue flows to everyone who contributed to that piece of work. Think monetizable TikTok Open Verses/Duets
Those who create using Fuse are opting in to have their work be forever composable & remixable.
Each NFT contains the address of the creator who came before it as well as the base NFT + royalty parameters
This promotes permissionless remixing and co-creating while making sure that everyone who participated in the creation process has the opportunity to capture monetary upside - something that has not been unlocked before.
How the protocol works:
In simple terms, you can create an NFT off of someone else’s NFT and if the new NFT is sold, the base creator will receive the desired split automatically.
When an NFT is published by a creator, the history/chain of NFTs that it’s remixed on gets attached to the NFT.
If someone mints the new NFT, a fixed percentage of the mint price is transferred to each creator in the NFT’s chain
The base creator can also set royalties to be 0% (it is up to them on how they would like to monetize off of derivatives)
When a secondary sale of the new NFT occurs:
The royalty percentage selected by the new NFT’s creator specifies the total amount distributed to all creators in the chain
That amount is distributed in the same proportions as the mint
TikTok.
TikTok Duets are a way for people to remix easily, meme, or duet off of each other. It’s a big way in which content is discovered/spread and even where new artists are discovered.
TikTok has rapidly grown to be one of the most heavily time-spent products primarily due to its “somewhat” permissionless & composable nature. Almost every TikTok combines video with music. When a creator posts on TikTok, they can choose if others can co-create or remix that content, which allows it to spread rapidly through the app.
The reason why this works so well on TikTok is that everything is fair game if a creator opts into having their content remixable. On TikTok you do not need to worry about copyright, using or remixing other people’s content on the app. TikTok has a library of music that is open to use and most videos are fair game as well.
Don’t Text Me When You’re Drunk Open Verse Challenge
The “Don’t Text Me When You’re Drunk” open verse challenge by Stacey Ryan went viral on TikTok and resulted in a full song with another artist named Zai1k who dueted it (getting over 11M plays on Spotify). It even made its way onto Jimmy Fallon.
Crypto Boy
A more recent example of this was the song “Crypto Boy” - originally started as a TikTok Open Verse that got remixed a bunch, picked up & distributed mostly by crypto Twitter, eventually selling as an NFT on sound.xyz for 86.4 ETH (One of sound’s largest NFT sales). However, on the way, there were a lot of derivates that helped proliferate the original, but there was no infrastructure in place to monetize their work.
Our new contract will help codify and hopefully allow for more creativity on the new internet in the name of creation/fun.. and if there is monetary upside for creators then that is a bonus :)
Incentivising co-creation and composability goes beyond Music & Videos this is just the first use case for Fuse.
If you’d like to try this out you can DM us or fill out this form here
TLDR: Fuse enables easy on-chain co-creation & attribution
Fuse allows creators to remix and build on top of other NFTs while programmatically attributing all the creators on-chain who have remixed content. If an NFT is sold, revenue flows to everyone who contributed to that piece of work. Think monetizable TikTok Open Verses/Duets
Those who create using Fuse are opting in to have their work be forever composable & remixable.
Each NFT contains the address of the creator who came before it as well as the base NFT + royalty parameters
This promotes permissionless remixing and co-creating while making sure that everyone who participated in the creation process has the opportunity to capture monetary upside - something that has not been unlocked before.
How the protocol works:
In simple terms, you can create an NFT off of someone else’s NFT and if the new NFT is sold, the base creator will receive the desired split automatically.
When an NFT is published by a creator, the history/chain of NFTs that it’s remixed on gets attached to the NFT.
If someone mints the new NFT, a fixed percentage of the mint price is transferred to each creator in the NFT’s chain
The base creator can also set royalties to be 0% (it is up to them on how they would like to monetize off of derivatives)
When a secondary sale of the new NFT occurs:
The royalty percentage selected by the new NFT’s creator specifies the total amount distributed to all creators in the chain
That amount is distributed in the same proportions as the mint
TikTok.
TikTok Duets are a way for people to remix easily, meme, or duet off of each other. It’s a big way in which content is discovered/spread and even where new artists are discovered.
TikTok has rapidly grown to be one of the most heavily time-spent products primarily due to its “somewhat” permissionless & composable nature. Almost every TikTok combines video with music. When a creator posts on TikTok, they can choose if others can co-create or remix that content, which allows it to spread rapidly through the app.
The reason why this works so well on TikTok is that everything is fair game if a creator opts into having their content remixable. On TikTok you do not need to worry about copyright, using or remixing other people’s content on the app. TikTok has a library of music that is open to use and most videos are fair game as well.
Don’t Text Me When You’re Drunk Open Verse Challenge
The “Don’t Text Me When You’re Drunk” open verse challenge by Stacey Ryan went viral on TikTok and resulted in a full song with another artist named Zai1k who dueted it (getting over 11M plays on Spotify). It even made its way onto Jimmy Fallon.
Crypto Boy
A more recent example of this was the song “Crypto Boy” - originally started as a TikTok Open Verse that got remixed a bunch, picked up & distributed mostly by crypto Twitter, eventually selling as an NFT on sound.xyz for 86.4 ETH (One of sound’s largest NFT sales). However, on the way, there were a lot of derivates that helped proliferate the original, but there was no infrastructure in place to monetize their work.
Our new contract will help codify and hopefully allow for more creativity on the new internet in the name of creation/fun.. and if there is monetary upside for creators then that is a bonus :)
Incentivising co-creation and composability goes beyond Music & Videos this is just the first use case for Fuse.
If you’d like to try this out you can DM us or fill out this form here
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