While NFT ticketing is an obvious real-world use case, there are also some digital uses for NFT access passes. One in particular revolves around ‘token-gated’ content. This idea is similar to paying to access content behind a paywall, but with an NFT. Let me explain.
Today, many creators are familiar with monetizing their content using subscription services like Patreon and OnlyFans. In short, creators create content, lock it behind a paywall, charge their supporters for monthly access to the content, and then split that money with the platform. Token-gating, while similar in theory, works a bit differently.
Imagine this. You create content (videos, podcasts, music, etc.), and then you make that content only accessible to fans who own a specific NFT. This is exactly what I plan to do with my next NFT drop on MakersPlace in early April. The drop will feature a collection of NFTs inspired by my latest song, STAKING. Anyone who purchases one of these NFTs will also gain private access to a growing library of exclusive content, including a 6-part podcast with myself and the producer, a lyric breakdown, and a video breakdown of how the beat was made.
By token-gating my content, I am able to give my NFTs greater utility and greater value. To execute on this idea, I will use Token Protected Pages from MintGate.