Khoa Le is the textbook example of rags to riches. He came over to America from Vietnam with nothing to his name. With no capital investments or outside help, he built two successful businesses in KVibe Studios and Live Picture Studios. Today, he is a riveting expert in the NFT space, an ambitious director, multimedia mogul, and father of two kids. And yet, his empire is nowhere near close to being done.
Sutudu, Khoa’s new NFT marketplace platform, premieres a new patent-pending royalty system that grants artists more opportunities and residual income. Sutudu is in development with its beta launch. Looking at a release date this coming May.
With everyone trying to get into crypto, Khoa is multiple steps ahead of the game. Fortunately for us, he was able to find some time in his busy schedule for an interview. He dropped a few invaluable tips on how to navigate and set yourself apart in this ever changing digital landscape.
So let’s start off with what you’re doing right now. We noticed that you started two Twitter accounts that are having explosive growth recently. Why is everyone going crazy over them?
I now have a personal Twitter (@khoalefilms) and one for Sutudu (@Sutudu). In both cases, we are making our impact in the crypto space, which is what Twitter is all about. Since then, my messages are going absolutely haywire. People were asking me questions about crypto. And this isn’t just America, these messages were from people all across the world.
What about Twitter makes it easier to engage in crypto?
Twitter is the only social platform that is fully embracing crypto. They are capitalizing on bringing in a whole new audience and they’re the only ones doing it. Facebook, Instagram, TikTok seem to have their heads in the sand.
What’s good about Twitter is that it’s all about the conversation. I’ve been making announcements, thoughts, getting people’s thoughts on subjects using polls, etc. That has been giving me insight into what people want and I proceed to tailor my subject matter further.
Now moving onto your platform, how does Sutudu make it easier for artists to enter that space?
It will be vastly more user-friendly and we’ll help you from the ground up. The tech is the distinguishing factor in achieving that. We will supply value through our patent-pending royalty system. It is focused on smart contracts and designed to transform the entertainment industry as we know it.
That’s a bold statement. How will Sutudu achieve that?
Businesses care about shareholder value, keeping money in their pockets, and retaining subscribers. They aren’t encouraging artists, but profiting off them. The current culture intimidates artists into insulting wages and forfeit their creative control or rights.
Sutudu aims to be the leader in representing underserved, talented artists. There are so many gatekeepers in the entertainment industry and it can be an enormous puzzle to solve. With Sutudu, we will help you raise funds, educate you on cultivating value, connect you to resources, and showcase your work.
What sets you apart from other NFT marketplaces like OpenSea?
Everything about Sutudu is hyper-focused on creating a culture and community. We encourage collaboration and elevating talented artists to live out their passion.
We are building a consultation service. You can meet industry experts and pick their brains for an hour instead of trying to network at events. We are connecting people to do better things.
As a musician, as a filmmaker, as a father of two kids, and as a refugee immigrant from Vietnam, it took a lot for me to get where I am today. I built two successful businesses with no capital investments and very little help besides a couple of people to advise me. People would still reject me because of any type of reason: looks, background, social status, or experience. I took those criticisms and channeled them into this platform to ensure that all artists get a fair opportunity. We are changing that standard. We want to reimagine and reinvent how the system works. We are changing the game.
One last and final question. For artists and creators that want to get residual income from NFTs, what are some tips to get started?
With millions of people doing the same thing as you online, there has to be something that sets you apart. If you’re an artist selling paintings online, you have to go deeper than just how it looks. Explain the story behind it or have it perform a function. Are you raising money for yourself, are you raising money for your community, are you a person I like and trust enough to support? Are you telling a story? What’s the meaning behind the story? Why does it mean so much to expose the NFT? These are all questions you have to ask yourself.
Dig deeper and analyze how others made their money. Ask yourself why some of these artists are getting millions of dollars for that NFT? Once you ask yourself that, you get closer to seeing how value was created which leads to understanding and knowledge that allows you to think more strategically. Don’t copy their methods, but see how it applies to your own art or project.
You have to be able to build value for yourself. Once you build enough value, someone will pay for it. Building your NFT is like building your business. Think of your followers as potential investors. They want to see the progression, the roadmap, and your plans for the future. Put yourself out there and set yourself apart.