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Tribe is a social NFT app that allows creators to monetize every post. Unlike other social media apps that exponentially profit from their users‘ content, Tribe democratizes social media by placing the control—and profit—into its users’ hands. Each post is minted as an NFT or non-fungible token on the blockchain, making it indisputably one–of–a–kind and ensuring that the owner of the content profits from the sale.
Tribe is for the everyday creator who is looking to connect with shared–interest communities and dive into the NFT market without intimidation. If you’re all about crypto, this may not be the platform for you. But, if you use social media, have great content, and want to earn money for it, Tribe is your dream come true! With Tribe, we’re removing the barriers and friction for what can be a complex endeavor for the everyday user.
NFT stands for non-fungible token, which at the most basic, technical level is a singular, unique piece of data stored on a the blockchain. However, think of NFTs as a one-of-a-kind, digital collectible and the blockchain as a digital ledger. Logging a collectible in the digital ledger ensures its authenticity and ownership. So, when you post on Tribe, your post becomes a one-of-a-kind collectible that you can sell.
Two key differences between Tribe and other social media apps. First, other social media apps collect data from your posts and your behavior on their platforms and then sell that to advertisers. Tribe’s business model is not based on advertising revenue. Your data is your data. Second, you as the content creator can earn money immediately through sale of your NFT and additionally through the views and engagement your post receives (coming Q2 2022).
Users can sell and buy on our app via in-app purchases. Additionally, transactions will be processed in the user’s local fiat currency as opposed to cryptocurrency. This makes Tribe accessible to all users and particularly to the everyday user. No need to create or manage a crypto wallet to use Tribe!
Tribe will be released on the Apple App Store and Google Play Store on February 22, 2022.
Yes, it is 100% free to create an account and join Tribe.
Once you download the app on your smartphone, launch the app and then tap the Sign Up button. The following information is required for account creation: first name, last name, date of birth, country and mobile number. This information is necessary for identity verification purposes. You will also need to create a username which will become your identity and handle across the Tribe app.
It is free post, sell, and earn money on Tribe.
Free account users will be able to view a post once for 60 seconds before it disappears. We created a subscription layer as a second method for creators to profit from their posts. Starting in Q2 2022, 80% of revenue from subscriptions will be distributed back to creators based on a proportionate share of engagement their content receives. This feature also creates urgency and helps creators sell content.
Tribe offers a monthly plan for $5.00/month and an annual plan for $50.00/year. The first three months are free so you’ll get to try this feature without any financial commitment. You only will be charged at the completion of your third month.
Two reasons. First, you’ll get unlimited view of any and all posts on Tribe. You won’t need to worry about fleeting posts. Second, subscribing helps build community and rewards creators on the platform. Starting in Q2 2022, 80% of monies received from subscription fees will be distributed back to creators based on a proportionate share of engagement.
Post original works and content that you’re passionate about. If you love taking pictures of sunsets, post that. If you’re a graffiti artist, post it and share it. Or, if you’re a poet post and share. With Tribe, the idea is to post and share creations you’re passionate about so that you can build a tribe (aka following) around it. And through that you’ll discover a community of potential buyers for your posts and also drive engagement, which offers its unique rewards on Tribe.
Tribe supports the following content types:
Adding tags is the best way for users to search for and discover your post. So, we don’t recommend leaving this area empty! You’ll want to add multiple tags. We recommend adding at least three tags to help users discover your post. Define tags that are relevant to your content so that those who may like it can find it easily. As a starting point, ask yourself what words you’d likely search for to find similar posts.
Post to earn! The primary way to earn money on Tribe is to sell your post as an NFT. When you post content, you will be required to provide a title, description, and price. When you publish your post, it is made available for other users to view, buy, or engage with through likes or comments.
Additionally, in Q2 2022, 80% of the monies received from subscription fees will then be distributed back to creators proportionately based on the level of engagement their posts receive (e.g. views, likes, comments, purchases).
We recommend taking into consideration the time you spent to create the content, your target audience, and the average rate for content selling on Tribe. Keep in mind that you don’t want to price it too low nor too high. You can change the price at any time. So, if your post is not selling, you may want to reduce the price. If your posts are selling quickly (indicating demand), you may want to consider pricing higher next time.
The earn price reflects the monies you will receive on the sale. Think of this price as what you want for your NFT. The list price is the price the buyer pays for your NFT, which includes the Apple or Google transaction fee plus the Tribe transaction fee. Because we believe creators should be paid fairly, the buyer covers the transaction fees, not the creator. Transactions fees are subject to change based on Apple or Google guidelines.
You may view status of your earnings in Settings. To access, tap the menu icon located at the top right of the app. Tap Transactions and Earnings in the subsequent menu to view a tally of your earnings. The All tab will provide a report of the NFTs you have sold and purchased. The Purchased tab will provide a report of all NFTs you have purchased. The Sold tab will provide a report of only the NFTs you have sold.
In order to redeem your earnings, you must connect a valid bank account. Your earnings may be transferred through direct deposit into your bank account. Once requested, processing may take 2-3 days, not including weekends or holidays.
For the initial release in February, Tribe tokens function as rewards for actions taken within the app. For example, users earn tokens for posting, sharing, purchasing, inviting friends, and more. Later in 2022, we will release functionality to use the Tribe tokens as utility coins redeemable in the app for NFT purchases or minting fees. Ultimately, our vision is to establish Tribe token as cryptocurrency.
Unlike other social media platforms, there is no anonymity with Tribe because of the transactions that must go through regulated fiat rails. Users need to be verified if they are going to sell or buy. The long and short of it is that if we don’t know who you are, we cannot pay you or you can’t buy any NFTs.
The original creator retains the copyright to the work. The copyright does not transfer to the buyer.