Hello there, and welcome to the 21st edition of Base Directory's newsletter.
Every weekday, I'll send you a concise email highlighting everything you need to know about an onchain product built on Base, including my thoughts on it and how you can get started using it.
Today's spotlight is on Drakula, a product that lets you earn for posting videos onchain.
How Drakula Works:
A perfect way to describe Drakula would be "TikTok but onchain." Traditional social media operates on a system where many people drive value to the network by participating but the rewards only accrue to a very small percentage of users, with the bulk of profit going back to the companies behind these products.
With crypto, some of the promises for social media are:
User sovereignty (users having control over their relationship with their audience)
A better structure to directly profit from their output relative to the big social media companies
Drakula delivers on these promises. You can post short-video content onchain, and people can collect them using ETH or DEGEN (on Base).
Drakula supports Coinbase smart wallets and social login, making it easy for anyone to get started. You can log in using Farcaster, Apple etc. After logging in, you'll get a smart wallet allowing you to collect and post onchain.
Using Drakula is a lot of fun and we need more social products like this to succeed. This would validate the vision that social networks where anyone can easily monetize their social media relationships without relying on a third party are possible at scale.
You can keep up with updates from the Drakula team via the X (fka Twitter) profile and check out the product here.
Post your videos July 1-7 for a chance to win from a 3 ETH pool via @roundswtf and be featured on @base.
All Drakula videos auto-posted to Farcaster will automatically be eligible for…
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To explore other products on Base, visit www.basedirectory.xyz.
Thanks for reading through! See you tomorrow.
