I’m not talking about Patreon, Onlyfans, SuscribeStar and so on.
I’m talking about the future of online ads for video content creators.
Imagine if Youtube have competitors, there will be higher profit from advertisements for creators than today.
For now, you can see other companies such as Vimeo replicating the idea but with little success – for now.
How about BitChute?
There are numerous creators who have already added their content on the platform and even received partnership offers.
Even an article by Bloomberg have found that large numbers of creators are also moving and/or diversifying towards Ethereum-based platform such as Viewly due to its interesting potential and consistent policies unlike Youtube.
The reason a number of sites are popping up lately (time I write this) is due to constant changes of Youtube policies lately.
That and the fact Youtube seems to be inconsistent when it comes to enforcing their rules and regulations are starting to drive a number of creators looking for another platform to share their content.
And when barriers of entry loosen up, competition will start pouring in soon.
I’m not saying Youtube will lose.
What I’m saying is – this could potentially lead to more platforms competing.
Most of the benefits from that competition will go to content creators such as Youtubers; and it’s competitors will start offering better support and higher ad revenue in order to remain relevant.
This is why I believe the future of content creators, particularly video creators, is going to be more optimistic as more opportunities and potentially better ad revenue will be available soon.
Consequently, this is an opportunity for entrepreneurs (especially solo-preneurs) to create another stream of income by adding valuable video content on these platforms.
So, time to pick up another skill, future millionaires!