Social media platforms like Instagram pose numerous challenges for many Key Opinion Leaders (KOLs). For one, certain algorithms used by such platforms hinder the growth and visibility of some influencers because some of the contents they post are now heavily censored.

Models like Tifanny Vasilchenko (who is also a blogger) fall prey to these kinds of issues since they have photos that are more explicit, and such content is now considered sensitive for the system.

“We’re extremely frustrated that we are very limited in posting our own content because of censorship and the need to follow the algorithm,” Vasilchenko said.

“We do a lot of artistic photoshoots that are explicit. This is considered a form of art in our industry,” she added.

It’s too bad, considering that people in this line of work look at social media as the best springboard for their careers, providing them with more opportunities to grow and eventually earn.

Corra.Finance and NFTs to the rescue

Corra, a plug-and-play platform, enables the monetization of digital content through non-fungible token (NFT) technology.

Essentially, it allows everyone to create and list NFTs for free. This will now provide an equal ground for earning through the monetization of content across many social media platforms such as Facebook, Instagram, and Twitter.

Vasilchenko won’t have to worry anymore about reduced income due to restricted content because she can turn her photos, videos, and other posts into NFTs whose value is directly linked to the object from which they are created.

Vasilchenko and her close friends have an estimated 20,000 to 200,000 followers. “We would really like to receive some sort of compensation from the Social Media platform because we contribute imaginative and quality content,” she said.

The CORA Token

What’s even better is that Corra.Finance platform has its native CORA token that can be used to up-vote NFTs posted by users.

As up-vote for a certain item increases, its visibility, and ranking on the Corra auction page are also increased, similar to the concept of paid marketing in Google search.

Anyone possessing CORA tokens can up-vote an item. This means KOLs who have legions of loyal followers can gain an advantage in the now more competitive market of monetizing digital content.

 

Image courtesy of Cointelegraph News/YouTube

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Source: https://bitcoinerx.com/blockchain/corra-finance-a-platform-perfect-for-modern-day-kols/