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Magipop: Can the Web3 model provide a boost to the creator economy?

Cointime Official

Author: Cointime.com 237

Creators' economy refers to the economic system and industry chain with creators as the core. It includes creative activities in various fields, such as literature, music, film, art, design, stage plays, etc.. It involves the whole process from creation, production, distribution to promotion and sales. However, as of now, the realization of creators' economy still faces a series of problems.

First of all, the copyright protection dilemma is one of the main challenges faced by creators.

In the digital era, works can easily be pirated and infringed, which can lead to creators not getting the economic returns they deserve. The current copyright protection mechanism and legal system still have many loopholes, making it difficult to effectively prevent losses to creators caused by piracy and infringement.

Secondly, the revenue distribution of creators under the traditional model is not fair.

Many creators need to promote and sell their works through intermediaries, publishers or social media platforms, but these intermediaries usually take a higher percentage of the revenue share, resulting in a significant cut in creators' returns.

In addition, creators are facing increased competition in the market.

With the spread of digital technology and the growth of the Internet, creators are facing a more competitive environment. The market is flooded with content and works, making it difficult for creators to break through the noise and gain enough attention and market share.

However, Web3 technology has brought a positive impact to the dilemmas faced by the creator economy.

First, Web3 technology enables a decentralized creation and trading platform.

Through blockchain technology, creators can sell their works as NFTs (non-homogenized tokens) and ensure that their copyrights are effectively protected. This allows creators to interact and trade directly with their audiences without going through intermediaries and platforms, resulting in greater creative freedom and financial rewards.

Second, Web3 provides a fairer and more transparent revenue distribution mechanism.

Smart contracts ensure that revenue from the sale of works is automatically distributed to the relevant rights holders according to predefined rules, eliminating the opacity and money leakage problems of the traditional model. This allows creators to receive a fairer share of revenue commensurate with the value of their work, providing them with an incentive to continue creating and innovating.

In addition, Web3 provides a broader community and collaboration opportunities for creators.

A decentralized community of creators and DAOs can rally together to support and promote creators' work, enabling more forms of collaboration and creative exchange. This provides a platform for creators to break traditional boundaries and expand their reach and business opportunities.

This enables creators to have more room for growth and financial rewards in the Web3 era, promoting innovation and prosperity in the creative environment.

Magipop: A home for creators

magipop is a creator DAO that is dedicated to transforming cool ideas into exciting products. In its early stages, magipop gathered a group of talented creators and launched a series of stories, including a meta-universe science fiction project called Bubble Observers.

Currently, magipop is also developing a series of spin-offs with Bubble Observers as the core IP. In the future, magipop will create a diverse DAO atmosphere and a stable business model through decentralized collaboration. It also plans to incubate multiple teams of creators to build an amazing magiverse together.

As a creator DAO, magipop aims to become a creative bazaar in the Web3 era, leveraging blockchain technology and Tokenomics to provide creators with broader development opportunities.

After more than 10 months of development, magipop has gathered more than 200 creators, including the world-renowned science fiction writer Chen Lvfan, creators of NFT blue-chip communities BAYC, AZUKI and RENGA, as well as senior NFT artists, illustrators and curators from North America, Europe, Southeast Asia and other regions. magipop also has more than 10,000 DAO members and more than 50 magipop also has over 10,000 DAO members and more than 50 partners, including Bybit, STEPN, Nswap, RSS3, EthSign and other well-known organizations. magipop has 50k official media followers, and its first public co-creation event "Earth2026" attracted tens of thousands of participants, with community users participating in the The first public co-creation event, "Earth2026," attracted tens of thousands of people, and the Twitter Space interactive event engaged the community with over 1,800 simultaneous listeners.

magipop is committed to driving creators' creativity to flourish and creating a vibrant and inspiring ecosystem for them. magipop believes that through blockchain and decentralization, creators can realize a broader creative space and economic opportunities.

Core IP Product-Bubble Observers

Bubble Observers is one of the core IPs launched by magipop and is described as the Black Mirror of the Web3 era. This IP series is created by over 100 creators and recommended by Hao Jingfang, winner of the World Science Fiction Hugo Award, and Chen Tulufan, winner of the Global Chinese Science Fiction Nebula Award, among others.

Bubble Observers has partnered with Chinese popular book publisher Top5 Times Chinese to sell thousands of copies on release day, ranked #1 on Dangdang.com's monthly list of top selling new science books, and was introduced to Vietnam for Vietnamese translation. In addition, Bubble Observers also developed its own online serial update for overseas readers and sold out 6,000 copies of OG NFT in three days.

Bubble Observers has now entered into a partnership with Boca Media to produce blockbuster visual content using the latest virtual photography and AI-driven technology. The 20 stories in the series will be released as short sci-fi films.

Bubble Observers is also in discussion with Yucca to collaborate on board games.

Artist Hunger Game - An artist's "Battle Royale"

Artist Hunger Game is another core IP launched by magipop, a Web3 reality show with the theme of artist's battle royale. The event aims to break the circle, engage the masses, and create a carnival-like atmosphere for Burning Man. Through a set of NFT governance options, participants can decide whether each artist stays or goes. Holders can vote on the next city destination. Twenty artists will create live 24/7, and upon reaching their destination, they will compete to eliminate two artists and bring in two local artists for the next round.

Artist Hunger Game is an energetic, Burning Man-style live action, like a rolling Billboard chart. As a true boundary-pushing Web3 product, it needed to have the mechanics to inspire and engage the masses and have the same rallying power as Burning Man.

magipop's team initiators have backgrounds in technology and the arts. Currently, the team has contacted and agreed to collaborate with two variety and reality show planning companies in China and Los Angeles (The Strongest Brain planning team) and is furthering the project. Meanwhile, the NFT governance contract has been deployed on Metis Testnet.

DetectiveGPT: Everyone's a Detective

DetectiveGPT is a detective game that interacts with large language models, developed by the game AI team in collaboration with magipop.

The game is set in Hong Kong and offers a 3D interactive puzzle game experience. Its official distribution is planned to start in mid-April and launch on Steam platform at the end of April.

In DetectiveGPT, players will take on the role of a detective, talking and interacting with a large built-in language model to gradually solve complex cases by collecting clues, deciphering puzzles and uncovering hidden stories. The game blends elements of artificial intelligence and game design to provide players with an engaging detective experience.

As the game spreads and goes live, players will have the opportunity to immerse themselves in the mysterious and fantastic backdrop of Hong Kong and challenge their intelligence and reasoning skills by interacting with the game's characters and large language models.The launch of DetectiveGPT is sure to bring a new gaming experience for game lovers to become a real detective and solve the mysteries of complex cases! The launch of DetectiveGPT will definitely bring a new game experience for game lovers to become a real detective and solve the mysteries of complex cases.

Conclusion

Through the creator DAO model and the application of blockchain technology, magipop has become a home for creators to gather and has achieved remarkable success in a short period of time. As the future develops, magipop will further expand its diverse DAO atmosphere and business model to incubate more teams of creators and together create an amazing magiverse (magiverse). This will provide creators with a broader space for development and economic opportunities, allowing them to realize their creative dreams.

The core IP product "Bubble Observers" and other projects such as "Artist Hunger Game" and "DetectiveGPT" also demonstrate magipop's innovative power and influence in different fields. These projects have attracted a large number of creators and users by collaborating with well-known partners to deliver quality content and events. In the future, as these projects continue to develop and expand, magipop is expected to continue to play an important role in driving the creator economy.

In short, magipop has become a home for creators with its mission to actively promote their creativity to flourish and create a vibrant and inspiring ecosystem for them. Through its innovative business model and use of blockchain technology, magipop has opened up broader opportunities for creators and is playing an increasingly important role in the creator economy. As the future develops, we look forward to seeing magipop continue to achieve even greater success and bring more surprises and opportunities for creators.

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