Q&A with $Alex Masmej: Drakula's $1M Creator Fund

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Violet Summer

By Violet Summer

BY VIOLET SUMMER

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May 7, 2024

MAY 7, 2024

The newest Web3 video app platform paying creators $$$ to post!

In the ever-evolving landscape of cryptocurrency and social media, innovative platforms emerge to bridge the gap between creators and their audiences, offering new avenues for expression and earning opportunities. One such platform is Drakula, a video-centric social network that has captured the imagination of users in the crypto community and beyond.

The story behind Drakula is as fascinating as the platform itself. It all began with Alex, a crypto enthusiast hailing from France, who embarked on a journey into the world of Ethereum back in 2019. Despite lacking a substantial network in the tech industry, Alex's passion for social media and crypto led him to explore consumer-facing use cases within the Ethereum community. 

Web3 communities exploded during the pandemic.

During the challenging times of the COVID-19 pandemic, Alex made waves with the creation of the Alex token, a cryptocurrency he launched to crowdfund his move to San Francisco. This bold move not only garnered attention but also provided the impetus for Alex to pursue his entrepreneurial dreams. Armed with determination and a knack for combining social media with crypto, Alex ventured into the realm of digital art platforms before eventually finding his calling with Drakula.

Now, Drakula is giving away $1M to the next gen of Web3 creators.

Drakula began as a digital art platform akin to Instagram, but quickly evolved into a video-centric social network. Its journey was marked by highs and lows, including successful fundraising rounds and navigating the challenges of a bear market in the crypto space. However, with resilience and adaptability, Alex and his team pivoted towards Drakula, capitalizing on its potential as a video app powered by Farcaster on Base. 

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Central to Drakula's vision is the empowerment of creators. Unlike traditional social media platforms, Drakula offers creators the opportunity to monetize their content through innovative mechanisms such as creator tokens and the OnChain Creator Fund. This democratization of earning opportunities is a game-changer, enabling creators to thrive financially while engaging with their audience.

The Drakula community is vibrant and diverse, comprising tech enthusiasts, musicians, artists, and content creators from various backgrounds. With a focus on fostering niche communities and niche content, Drakula provides a platform where creators can connect with like-minded individuals and explore their passions freely.

And this is just the beginning of brand deals and creator monetization. 

Looking ahead, Alex envisions Drakula becoming the go-to destination for video-centric social networking, with a user base reaching the billions. He emphasizes the importance of mobile accessibility and identity verification in combating spam and making social media more inclusive and affordable for all.

As Drakula continues to evolve and innovate, it stands as a testament to the transformative power of crypto-driven social platforms. By empowering creators and fostering community engagement, Drakula paves the way for a new era of decentralized social networking, where creativity thrives and everyone has the opportunity to shine.

Check out more of VioletVerse's Web3 social coverage:

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