The Qortal Economy

January 16th, 2025

Web3

Blockchain

The Qortal Economy

With the arrival of Qortal, and its clear allegiance to a decentralized, peer-to-peer infrastructure model, the advent of a new, parallel economy is upon us, one that is is completely decoupled from the normal internet!

Indeed, such an infrastructure, where data is exchanged between the different nodes of the network, using blockchain technology, opens up a boundless amount of possibilities for businesses, content creators, solopreneurs and anyone looking to transact with other people, without needing to pass by any intermediary.

Qortal embraces peer-to-peer blockchain technology to unlock a parallel economy1

Earning revenues as a content creator has not always been the same. The evolution of the content creator, from the early days of television, where money was made mostly through advertisement, and where one had to split revenues with a whole production company, to the 2010s decade, where the arrival of Youtube ushered in a new tidal wave of content creators, all being paid by one centralized entity, to now, with Web3 blooming as it is, has brought creators ever-so closer to their audience.

Content creation and distribution has evolved drastically over the years, with creators getting closer and closer to their audience over time2

With that being said, Qortal would make an especially good use case for Patreon subscribers, who have seen themselves be taken down from the platform in the past, for their political views.3 Some OnlyFans creators would also be interested by Qortal, given their huge scare, when the website threatened to remove NSFW content from its website back in 2021, thereby threatening their livelihood by consequence.4

The common disrupting denominator in both examples above is the intermediary between content creators and their audience. Not only do they take a big cut of the profits from the hard work of the creators, but they also stifle them through censorship, or new regulations on their platforms. The solution is a simple one: take away the intermediaries, and allow creators to be paid directly by their fans.

Furthermore, creators can also leverage platforms like Qortal to express themselves more creatively, without someone standing over their shoulder to make sure they meet community guidelines, or forcing them to use branding that doesn’t necessarily bode well with them.

These opportunities are only possible using Web3, where the information is exchanged peer-to-peer, with no centralized entities in charge of all the information on their own private servers. The data remains in the custody of the users on their own nodes, and they choose whom they share it with.5

Qortal is already providing an awesome platform for new creators, with its decentralized apps called Q-Apps, which can be built using only Javascript by any web developer. For example, there are already two platforms that would be of interest for content creators: Q-Tube and Q-Shop.

Q-Tube is a platform where you watch videos uploaded by anybody, downloaded directly from their computers onto yours. You can also send a superlike to creators, which is a comment on a video tied to any sum of QORT, Qortal’s native coin which powers the platform. It goes without saying that the entirety of this superlike sum goes directly in the creator’s wallet, minus the tiny transaction fees of the platform. Fans can therefore support their favorite creators directly on Qortal.

Q-Tube is great Q-App for content creators looking to make video content, where they can receive superlike tips for their efforts from viewers6

Q-Shop is another Q-App where entrepreneurs, solopreneurs, and content creators can open a shop and start sellings goods and services, directly on the Qortal blockchain. This revolutionizes the idea of e-commerce where you no longer need a centralized entity such as Amazon or Ebay to buy a product from somebody online. And once again, sellers can expect to keep all their revenues, minus transaction fees.

Q-Shop is revolutionizing e-commerce, allowing buyers and sellers to interact directly with each other on a decentralized network, allowing for faster and less expensive transactions, with sellers keeping 100% of their earnings7

And this is just the beginning. As Qortal continues to grow, content creators can expect new Q-Apps to be built, as well as a more and more secure infrastructure for transacting in confidence, whether it’s for keeping their data secure or for making sure they remain in full possession of their coins at all times.

If you’re curious about how all this works after reading this article, we’ve recently launched the Qortal Trifecta: Qortal Hub for Windows and Linux, Qortal Go for Android, and Qortal Extension for any Chromium browser. You can download Qortal today on your favorite device, wherever you are. See you on Qortal!

1. Unknown. (n.d.). Fotolia image of a sunflower [Photograph]. Eternal Sunshine of the Is Mind. https://eternalsunshineoftheismind.wordpress.com/wp-content/uploads/2013/02/fotolia_10155189_xs.jpg

2. Unknown. (n.d.). Image of the evolution of media [Digital image]. Medium. https://miro.medium.com/v2/resize:fit:1200/0*c0cpF9rjWAuSFSnA.jpeg

3. Labbé, T. (2017, August 3). Crowdfunding site Patreon is purging far-right figures. Vice. https://www.vice.com/en/article/crowdfunding-site-patreon-is-purging-far-right-figures

4. Brown, L. (2022, August 28). OnlyFans, Patreon models turn to Web3 over payment censorship fears. Cointelegraph. https://cointelegraph.com/news/onlyfans-patreon-models-turn-to-web3-payment-censorship-fears

5. Verix. (n.d.). What is Web3? Verix. Retrieved January 16, 2025, from https://www.verix.io/blog/what-is-web3

6. Ferrari, J. (2025, January 16). User interface of the Qortal Hub showing the Q-App Q-Tube [Screenshot]. Qortal Hub.

7. Ferrari, J. (2025, January 16). User interface of the Qortal Hub showing the Q-App Q-Shop [Screenshot]. Qortal Hub.