The Growing Market for Quality Content Online
With so many avenues for books and other content, Does the world need yet another platform for content consumption. Isn’t Amazon enough? YouTube?Patreon?
Books
Before there were phones, TVs, or the internet, there were books, and they are still after all these years, a popular medium for creators to tell their stories and share their ideas with the world. Go to an airport, get on a bus or a train and you will still see people reading books in print or on some e-book reader (or even listening to an audiobook)
How big is the book industry really? How much market share is really waiting for PowerFan
The worldwide book market is projected to be worth over $120 Billion by 2025 and the e-book market portion is expected to be more than $30 Billion by the same time. The audiobook market takes $2.5+ billion as is expected to grow more than 25% for many years to come.
With the possibility of attracting authors and content creators with a platform that gives them NFT-backed exclusive content and by giving them more of a say in how their royalties are distributed, PowerFan can expand this market with value-added Author and Creator NFTs. Some of these could be at a higher value and price than a book alone with the exclusive bonus content possibilities.
1:1 Coaching Sessions could also be sold in the form of NFT experiences
PowerFan’s NFT model of allowing for exclusivity and experience packaging can also penetrate the coaching world as well. The coaching market adds value in helping people become more accountable in improving their health, enhancing their love lives, and helping them with their business aspirations, among other things in an encouraging environment. The market has boomed over the last few years to being over a $15 billion industry in itself.
PowerFan could enhance this industry in a big way in helping coaches build their brand and fan base by allowing coaches to create exclusive 1:1 session NFTs, and coaches would be less vulnerable to being nickeled and dimed by payment processors and 3rd-party apps who charge a high fee for being hosted on their platform.
E-courses on the Blockchain
E-courses and e-learning where people go to learn from tried and proven experts in their own fields could use PowerFan to create exclusive masterclass NFTs, penetrating what could be an over $350 billion market in just a few short years.
As universities are charging higher and higher tuition for less added value, the demand for NFTs in added value e-courses are only going to explode from here. With its experts in blockchain technology and content creation, PowerFan will be out in full force, converting portions of this market into the blockchain, empowering e-course creators and their students and fans alike in an NFT market that has nowhere to go but up.
Content creators will now have even more power over their content and royalties with smart contracts, of which terms and conditions can never be changed on a whim. When authors and creators are presented with a much better alternative to what they’ve been on these last few years, they will only be too willing to line up and join PowerFan!
