What if Ujjwal Chaurasia a.k.a Techo Gamerz have his own currency/coin?
Let’s call it $GAMERZ, the custom branded currency of Ujjwal who is a leading online gamer with ~22M subscribers on Youtube. Ujjwal’s truly passionate fans can buy his coins & in return get exclusive benefits & rewards. Fans can also now become part of his brand by holding $GAMERZ coins, infact eventually the definition of being a fan of someone would be if you hold that creator’s coins.
Coin holders would be like member of Ujjawal’s exclusive club, the benefits of club could be:-
- Hold 500 coins & get a shoutout from Ujjwal on live streaming
- Hold 1000 coins & get exclusive or discounted access to Ujjwal’s NFTs or other merchandise. Ujjwal’s NFTs could capture his most memorable gameplays
- Hold 5,000 coins & you will be allowed entry into an exclusive private chat group on discord with Ujjwal. This would be like closed community of truly passionate fans of Ujjwal, in the community also higher the coin holding higher will be your standing & visibility. People will get badges as per their holding
- Ujjwal can create 3 levels of servers on discord & each would require specific amount of coins to enter, the more premium the server, more exclusive will be benefits & higher rewards/discounts
- Hold 10,000 coins & do 1–1 streams with Ujjwal or appear in his video
- Hold 20,000 coins & personally learn gameplays from Ujjwal
- Tip any amount of coins/tokens to Ujjwal during his live stream to show support or if you really like any specific content
- Hold 5000 coins & get early access or discount on gaming gadgets from the brands that Ujjwal partners with
- More coins you spend, more you get in return as a reward (like a cash back) which you can hold, spend or trade
All these benefits without paying 30% cut to Youtube or commission to any other platform! It will be Ujjwal’s own independent economy, owned & controlled by him & his community. API integrations allow for this direct financial relationship without paying any fees to big platforms. So creators can stay on their platforms of choice but still take back control of their revenue.
This exclusive club has potential to become really viral which would lead to increase in value of $GAMERZ coin. Coin in that sense are same as a company’s stock, whose value increases with increase in company’s reputation or increase in demand of its products & services. Fans can also start trading $GAMERZ coins on exchanges to earn more money, especially the early believers of Ujjwal would gain a lot by trading since they would have bought the coin early on at a very low price. So coin economy ensures that all community participants (even fans) are economically rewarded for their contribution.
In the end Ujjwal would know what his most passionate fans like & love about his work & can focus on building deeper & more creative interactions with fans as per their stake or coin holdings.
Rhym is a platform that helps creators with strong/passionate communities to launch their own branded coin & independent economy. We are building the future of creator economy & would love to collaborate with creators who we believe are the best judge of how this economy should shape.
If you are a creator & interested in knowing more, join our discord channel & say Hi! We will get in touch with you — Discord
To know more, visit our website