What happened?
A new AI-powered platform named SUBBD is aiming to transform the $85 billion creator-subscriber industry by launching its own cryptocurrency, the $SUBBD token. The presale of the $SUBBD token has already accumulated $40,000 from investors, with the first pricing stage target set at $220,398. This platform is designed to enhance the experience for both creators and fans by integrating AI technology and cryptocurrency in the content creation process.
Who does this affect?
This development affects content creators and their fans who are part of the subscription-based economy. Creators will benefit by spending more time on content production and less on managing subscriptions, while fans will enjoy closer interactions with their favorite creators. Additionally, the $SUBBD platform targets influencers with large followings, promising tools for efficient monetization and engagement.
Why does this matter?
The introduction of the $SUBBD token and platform is significant for the market as it eliminates intermediaries and offers creators better financial returns by reducing revenue loss to third-party managers. By using blockchain and AI technologies, the platform aims to create a more equitable and efficient ecosystem for content monetization. The potential success of SUBBD might influence similar platforms to integrate crypto and AI solutions, thereby evolving the digital content market further.