According to a report released on December 4, 2021, by Financial Express, the creator economy is worth over $104 billion. It is more interesting because the industry has continued to grow exponentially in the New Year. However, content creators struggle to earn a decent income from their creations. Web 2 platforms like the social media platforms always treat these creators as non-equals and have done so for many years.
With the rise of blockchain technology and Web 3, visionary entrepreneurs are building revolutionary projects that will help creators become equal beneficiaries of their works and contributions. Now is the time for creators to be accorded the respect they truly deserve and also earn the income they are worth. One of the amazing tech entrepreneurs leading the race for a Web 3 enterprise in the creator economy is Aleksandr Shurick Agapitov. He launched the X.LA Web 3 project and according to him, it is designed to benefit all creators.
The Launch of X.LA
Aleksandr and his innovative team launched the X.LA project on February 16, 2022. According to the statement in the press release, “the project aims to help people become equal beneficiaries for their creations, work, and contributions while leveraging cutting-edge technology and the buzzing concept of Web 3.” In his way of leaving his mark on the quickly developing Web 3 technology, Aleksandr has created the X.LA Foundation to serve as the next step in developing the internet world.
With his experienced video game industry veterans, Aleksandr Agapitov has built a community-driven organization in X.LA. The project is open to all creators ranging from contractors, inventors, content creators, influencers, researchers, entrepreneurs, etc. X.LA aims to solve today’s classic corporate relationship and create a level playing field where people around the world become equal beneficiaries for their work, contributions, and creations.
With the advent of X.LA, creators will no longer have to worry about issues like platform dependency, lack of ownership, inconsistent and unpredictable revenue from their works. As a self-governing community, X.LA will ensure that both the creators and their audience enjoy maximum benefits at all times. It is a creators’ first platform, where these creators enjoy equal benefits, equal value, and complete ownership of their content.
Who is Aleksandr “Shurick” Agapitov?
Aleksandr Agapitov is the founder and CEO of Xsolla, a multi-million dollar enterprise, a video game commerce company. It is powered by a business engine and a transaction engine to help game developers to create, market, sell, connect, and optimize their games worldwide. Through Xsolla, Aleksandr and his powerhouse team of veterans provide the game developer community with the necessary tools to succeed in the video game industry. He is not just building tools alone; he has also championed the creation of the Xsolla Funding Club created to provide capital investment to indie studios. Now he is leveraging blockchain technology and Web 3 to launch another innovative project X.LA Foundation.
Conclusion
X.LA Foundation is built to revolutionize the creator economy by ensuring the creators get all the value for their work. The project is rewriting history and making sure creators are treated with the respect they deserve. X.LA is only a glimpse of what is obtainable with Web 3; the full application will unwontedly reveal itself with time.
