![]() ![]() And I want to be very careful about who is holding me, no puns intended.” “If I give you $POWER, you own a piece of me,” Crews said. To date, Crews had distributed $POWER to about 100 people, he said. Folks with 50 $POWER, for example, can access a special channel within Discord. Initially, Crews is engaging with his $POWER community through Discord. In the case of Crews, he envisions folks earning $POWER via blockchain art purchases, NFTs, physical goods and experiences. However, you’ll see that the Podmork Pix 35 WS cost 28 $WHALE, so I will not be buying this NFT. Because Roll enables users to trade their social currency for over 600 other digital assets, that means I could buy the below NFT over on NFT marketplace OpenSea. ![]() $WHALE is backed by tangible and rare non-fungible token assets, which means that I can use my $WHALE to buy NFTs. 10 $WHALE (worth about $3) so I could get a better understanding of how creators are already using Roll. Roll, which has $2.7 million in funding from investors like Balaji Srinivasan, Trevor McFedries and others, recently saw its social currency market cap surpass $1 billion. Then, fans can redeem that social currency for more art, content or what have you.Ĭurrently, there are about 300 creators, including Crews, using Roll. Just how your credit card provider gives you points for using your card and then you can redeem those points for cash, airline tickets, etc., creators give fans social currency for engaging with their work in a variety of ways. I haven’t run this analogy by Miles, but I’m going with it. The way I think of it is it’s almost like the process for earning and redeeming credit card points but minus the credit card company and plus the blockchain and creators. Anyone, anywhere, anytime can create their own money.” Right now, Roll is experiencing the same thing with money itself. “We refer to this as mass personalization of content. “Anyone, anywhere, anytime can create their own content,” Roll founder and CEO Bradley Miles told TechCrunch. Roll enables creators to mint and distribute their own social currency under the ERC-20 standard and then determine the ways in which their communities can earn and spend that social currency. Anyone can create a social currency, which hundreds of creators have already done via Roll, to change their relationships with fans and users. With the help of social currency startup Roll, Crews is launching his own social currency, $POWER.īut first, let’s break down what that means. Actor Terry Crews is going in on the blockchain. ![]()
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