Xsolla, a global video game commerce company, has launched Story3, a new platform designed to help creators receive more equitable compensation.
Video game commerce company Xsolla has launched Story3. This presents an opportunity for Web3 creators to claim fair compensation. Considered ideal for creative thinkers, Story3 targets the journalist, storyteller and writer sectors. Overall, the goal is to provide more equitable compensation to those who create content on the platform.
Web3 has often been defined as an area with a high concentration of marketplaces. This hinders the way creators seek fairness and pay for their projects. It also crowded creator economy; Big companies take a big cut of their profits.
Some of the features of Story3 released are as follows:
- Improved audience interaction
- User-friendly monetization process
- Simplified payments
Enhanced audience interaction allows authors to interact directly with their audience. This is achieved by eliminating intermediaries, which results in improved relationships. The monetization process is simple and has benefits, including the opportunity to deliver personalized experiences. Simplified payments means having a payment system that is transparent and efficient. It also ensures that compensation is paid on schedule and reasonable by market standards.
Shurick Agapitov, founder of Xsolla, released the following statement about the platform: a bold response to the prevailing climate. Shurick added that he wants to provide a place where creators can fairly negotiate terms and conditions for stable revenue. The founder also acknowledged the creator problem. fight Due to uncertain career trajectories and inadequate compensation.
The implementation of Story3 is expected to benefit the broader market. Xsolla operates in more than 200 locations. We’ve partnered with Twitch, Roblox, Epic Games, Steam, and other platforms to increase visibility. Xsolla ensures compliance with all necessary local legal requirements.
But it’s been a long time since creators struggled to get adequate benefits. Web3 is a growing sector with companies joining hands with creators seeking fair compensation. Rather, the problem dates back to the days when Blur and OpenSea fought tooth and nail to retain creators.
Yuga Labs and Magic Eden announced plans to launch a creator-focused Ethereum Marketplace that respects royalties. The idea is to attract a greater number of builders and creators. But it is a start that both partners are looking forward to.
Before that, OpenSea Lazy Mint, replaced by Creator Studio. This new feature includes more useful options for creators, including analyzing, managing, and creating NFT collections. Other perks include an FAQ section, and an image and video library.
Simply put, most platforms are improving their games to attract creators to their platforms. The most recent is Xsolla on the Story3 platform. No matter who does what, in the end the creator will reap most of the benefits.