Summary: Lion's Den – May 24, 2024

in #ailast month (edited)

Threadcast link:
https://inleo.io/threads/view/taskmaster4450le/re-leothreads-flhtlnar

Link to recording:
https://twitter.com/i/spaces/1ynJOyqkXVqKR

Speakers

@taskmaster4450


DISCLAIMER: The following has been generated by AI (Claude-3) based on the publicly available recording of the livestream. Because the content is AI generated it may contain errors, so please keep that in mind when reading. Feel free to suggest corrections and/or add additional information/improvements in the comments. Read more: Introduction post for the AI Summaries project


The Power of Content: Leveraging Web3 to Build Your Media Empire

In this weekly episode of the Lion's Den, the host tackled the critical topic of content creation and its importance in the evolving Web3 landscape. The discussion centered around the shifting media landscape, the rise of AI-generated content, and strategies for building an engaged community through consistent, high-quality content.

The NBA Broadcasting Rights Dilemma

The host began by highlighting a recent news story about the NBA's declining TV ratings and the surprising comments made by a TNT executive who claimed they "don't need the NBA." This sparked a broader conversation about the value of live, unscriptable content versus the threat of AI-generated media.

The host argued that live sporting events, live comedy, and other forms of live, interactive content will continue to command high value because they cannot be easily replicated by AI. In contrast, scripted media like movies and TV shows are at risk of being displaced by AI-generated alternatives.

The Importance of Engagement and Conversation

A key focus of the discussion was the lack of genuine engagement and conversation on platforms like Hive and InLeo. The host pointed out that the average premium member on InLeo only engages in about 7 Threads per day, which is far too low to build a thriving community.

The host emphasized the importance of treating community members like customers, actively engaging with them, and fostering back-and-forth conversations. He used the example of legendary interviewer Larry King to illustrate how putting the spotlight on others and being genuinely interested in their perspectives can be a powerful way to build influence and reputation.

Strategies for Content Creation and Promotion

The host provided several practical suggestions for improving content creation and promotion on Web3 platforms:

  1. Leverage 3Speak to create and share video content, then embed the videos in InLeo threads and tag them with the #3Speak and #Outreach hashtag.

  2. Curate and share content from other creators on 3Speak, InLeo, and Hive, helping to cross-promote and support the broader community.

  3. Participate in initiatives like the one from @leogrowth, which encourages users to share content and engage with each other.

  4. Consistently post content, even if it's not earth-shattering. Quantity can help build visibility and reputation, which can then be leveraged to drive higher-quality engagement.

The Interconnected Web3 Ecosystem

The host also touched on the broader vision for the InLeo and Hive ecosystem, emphasizing that the various components (InLeo, LeoDex, LeoAI, etc.) are all interconnected pieces that will eventually come together to create a powerful, decentralized media platform. He encouraged the audience to think like entrepreneurs and business owners, exploring ways to leverage the capabilities of Web3 to build their own media empires.

In conclusion, this episode of the Lion's Den underscored the critical role of content creation and community engagement in the Web3 space. By embracing the unique opportunities offered by decentralized platforms, content creators and entrepreneurs can establish thriving, sustainable media businesses that transcend the limitations of traditional media models.


@leoglossary links added using LeoLinker.

Posted Using InLeo Alpha