Synereo, recently named Gartner’s “Cool Blockchain Vendor”, today announced the allocation of $500,000 to YouTube creators using WildSpark, their direct content monetization app. WildSpark allows YouTube creators to seamlessly monetize their content, also rewarding their subscribers for sharing their work.
Today, most YouTube creators rely almost entirely on advertising to make money. With the introduction of new restrictions, many new creators just starting out are not able to monetize their creations at all. The introduction of WildSpark as an alternative means of monetization allows creators an additional, platform-agnostic way to support their work relying on the appreciation of their fans.
Synereo aims to onboard 100 creators before launching its next major upgrade to WildSpark in a few weeks. These early adopters will be rewarded with Synereo’s cryptocurrency, AMP, in tiers correlated with their YouTube subscriber count.
“Blockchain technology enables powerful monetization solutions that help support creators’ creative processes like never before,” said Dor Konforty, CEO and founder of Synereo. “With WildSpark, we’re eager to start taking these solutions mainstream.”
WildSpark creators benefit from simple, streamlined monetization, with their subscribers and fans incentivized to give more than ever as it allows them to benefit from successful acts of distribution themselves. Upcoming features are aimed at providing more nuanced monetization options to creators as well as additional programs aimed at their most active and supportive followers.
YouTube creators interested in joining the WildSpark Creator Program are invited to apply here.