Drakulaapp, a new platform for video creators, is making waves by offering an economic model that promises to outpace TikTok's payouts to creators. The platform has already distributed millions to creators through various initiatives, including Creator Tokens, with $1.5 million distributed representing 5% of the volume, and an Onchain Creator Fund, which has approximately disbursed $1 million. Additionally, a prize pool of 28000 $degen, worth about $975 USD, is available, with submissions due tonight before 9PM ET. Drakulaapp plans to leverage $DEGEN, a cryptocurrency, to potentially pay out billions to creators annually. The app has initiated weekly payouts, with the second week seeing over 50 creators receiving a total of 20,000 $DEGEN (valued at $700) directly to their wallets. This innovative approach to creator compensation is drawing attention from the creator community, with notable figures like Alex Masmej highlighting the platform's potential to significantly outperform TikTok's economic model for creators.
This week, I got in the Drakula Creator Fund 🎩 Thank you @drakulaapp best Web3 video app🩸 Everyone should be posting content over there. Big shoutout @alexmasmej for supporting $Dyl And it's in $DEGEN so it's even better 🎩🎰 https://t.co/pushEUxTMv
$DEGEN Onchain Creator Fund: WEEK 2 PAYOUTS are live! 🎉 Incredible creators posting consistently on Drakula last week have been airdropped 20,000 $DEGEN ($700) directly to their wallet → drakula[.]app. Not in this week? There's always next week! Apply below to start earning… https://t.co/T82RsxlyxK
Drakula is a mixture of TikTok videos, friendtech tokenomics, DEGEN payments, and Farcaster distribution @Drakulaapp founder @AlexMasmej joins Web3 Galaxy Brain 🌌🧠 to talk product design, team composition, taxes, work visas & how to iterate towards a billion person crypto app https://t.co/UxE0FkyWS1
Let's do this again, $DEGEN Onchain Creator Fund applicants? Week 2 Payouts will be sent tomorrow to 50+ amazing creators curated by @ljin18 @cherdougie @winnyeth @Cooopahtroopa @brad_or_bradley jacek & @levychain Post often on Drakula for a chance to be earn every week 🥳↑ https://t.co/ANlPlcgQXt
.@drakulaapp showing tiktok the way https://t.co/IB4brjEsOt
update a few people added to the prize pool and we’re now giving away 28000 $degen (worth about ~$975 USD) submissions are due tonight before 9PM ET read details share below! https://t.co/ZzyfSdUclX
.@Drakulaapp will leverage $DEGEN communism to pay out social media creators more than TikTok ever will. It could be billions per year paid out to creators. cc @VitalikButerin https://t.co/loHUpWNiXM
.@Drakulaapp is already rewarding creators with millions via: 1) Creator Tokens ($1.5M, 5% of volume) 2) our Onchain Creator Fund (~$1M) 3) future plans (@withfabricxyz or @ourZORA?) For video creators, joining Drakula is a no-brainer — TikTok can't match our economic model https://t.co/DB7FARg8p2