How Koris Empowers Content Creators — A Guide to Koris’ Mechanics
Content creators are the trailblazers of the future of work. This new, exciting era paves a way for the creator economy and opens up opportunities for builders, including content creators, designers, and developers, to flourish.
In the future of work, you, as a creator, have full control over your work. Say goodbye to taking orders from a single boss, being stuck to an office desk, or working strict 40-hour weeks.
In this future, innovation and creativity are celebrated. You get to choose the kind of work you want to do and how you want to do it. No more wasting time on busy work, repetitive tasks, or work that doesn’t spark your passion. Now, you get to decide what work you want to do, focus on the skill sets you’re passionate about, and establish yourself as a creator rather than a replaceable employee chained to a job title.
To read more about the future of work, check out these Koris blog articles: Embracing the Creator Economy with KORIS and The Future of Work: How DACs are Shaping a More Equitable Workplace.
Koris takes the first step towards the future of work by giving nano and micro influencers an opportunity to create content while earning a steady income. With Koris’ marketing platform, marketing professionals can create community-driven marketing campaigns and assign tasks to nano and micro influencers.
In today’s world, large social media platforms under tech giant corporations profit from user-generated content. Platforms such as Youtube, Facebook, Instagram, Twitter, and TikTok thrive by capitalizing on users’ content. But here’s the catch: while these platforms benefit from all users, not all users benefit from them. Only top performers receive recognition and compensation for their work. This creates a top-down structure, where large corporations extract value directly from its users.
This is where Koris comes in. It’s an efficient ecosystem that flips the script and puts creators first. Koris empowers content creators to choose the content they want to make and how they want to develop their skills. Creators generate their own value from their work through consistent payment and reputation building. Every single content creator on Koris is recognized and valued for their contributions.
Unlike traditional social media platforms that extract value from users, Koris forms a supportive cycle where creators generate and sustain their own value. While Koris benefits from having active content creators on the platform, these content creators enjoy guaranteed payment streams and an opportunity to thrive.
On Koris, content creators can browse through various marketing campaigns available on the platform. Each campaign presents different types of tasks that are open for creators. Content creators can:
- Submit work for a task on their preferred social media platform.
- Receive payment streams for completed work through a streaming model.
Each task comes with specific guidelines regarding the submission details. For instance, the guidelines may include a description of the expected content, where to submit it, the task’s duration, and bounty details such as the token type and amount.
Creators have one submission per task, which must be in the form of a link. Content can be submitted on any social media platform, depending on the content creator’s preference and the task requirements. Content types include, but are not limited to, short-form posts, articles, videos, and podcasts. Creators can then upload their content to platforms such as Twitter, Lens, YouTube, TikTok, LinkedIn, Reddit, Instagram, and Facebook.
Content creators receive payment for each task they submit on the Koris platform, as long as their content meets the task submission guidelines. Once a content creator submits their work, the payment streaming begins immediately.
Each submitted task will have a guaranteed rate for the payment streaming, usually on a monthly basis. After submitting a task, creators receive a continuous stream of payment every second until the total reward for the task is used up. All content that meets the minimum criteria for a task will receive payment.
For example, a campaign manager can set a task that requires creating a Twitter thread for a specific brand, with a total bounty of 1000 Metis and a guaranteed streaming rate of 10 Metis per month. Creators who submit content for this task will consistently receive a streaming rate of 10 Metis per month until the reward pool runs out.
However, if a creator submits content that is irrelevant to the task or violates the campaign’s guidelines, the submitted task may be slashed. In these cases, any previously streamed reward amount will be taken from the creator and returned to the remaining bounty pool.
Now, let’s explore the other end of the spectrum. What if the creator’s submitted content performs exceptionally well in terms of engagement and goes viral? In those cases, the content creator receives a bonus based on the content’s performance. For example, a campaign manager might specify that any content exceeding 10,000 likes on the social media platform where it’s posted will receive an additional 5 Metis per month.
Koris offers two levels of payment:
- Base Reward Rate — Content that meets the basic criteria of a task receives the standard streaming rate. For example, 10 Metis per month.
- Performance Stream Rate — Content that exceeds KPI metrics by achieving a certain number of views, likes or shares receives a bonus through a higher streaming rate. For example, an additional 5 Metis per month on top of the 10 Metis per month.
Koris provides content creators a platform that aligns with the future of work, empowering them to thrive in the creator economy. Koris offers a value-generating ecosystem that recognizes and rewards all content creators, revolutionizing the traditional economic structure seen on common social media platforms. Through its unique mechanics, Koris simplifies the compensation process and ensures that all creators receive consistent income for their work.
As the future of work continues to evolve, Koris stands as a pioneering platform that empowers content creators, enabling them to thrive in a more equitable, consistent and rewarding environment.
Want to be more involved with Koris? Stay up-to-date with all new developments through Koris’ Twitter and engage with the community through Koris’ Discord!
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