I've been thinking about how to make money on Nostr. Here are my ideas:
1. Hosting service
2. Digital goods
3. User generosity
(Ads are essentially off the table.)
More on "digital goods": the most obvious way is through paywalled content, eg "Zap to unlock". There's no way for any centralized system to skim fees off the top, so to make money you have to be a top content creator. And what content are people willing to pay the most money for..? OnlyFans. I hate this idea, but it's likely only a matter of time in the Nostr paradigm.
My other idea is profile items, eg essentially NFTs people can display on their profile. It would require client cooperation, or at least users to choose clients which support it. This is a half-baked idea, but I like it more than OnlyFans and I think it could make money, especially if the items help represent a user's personal identity or affiliations.
A few short notes on the other bullets. Hosting service is hard with a low profit margin (unless it's highly specialized) and there isn't currently a strong enough incentive to self-host relays, so we have to create that incentive first by gamifying the relay experience similar to ActivityPub servers (eg a relay is a community).
And finally on user generosity, Nostr users are overall wealthier and way more generous than other communities online, so you have a far better chance utilizing that vs say ActivityPub. Creating spaces users really want (and then empowering them) will help. I think it's possible to be cashflow positive with a team of 2 or 3 people just on donations if you do it right, but to scale further you need to be tapping into the human psyche a bit more unless you become a full-fledged nonprofit.
So in conclusion, let's not build OnlyFans and find a better way instead. Ideas are still baking. Also, this is completely unrelated to the #OnlyZaps hashtag which is about replacing Likes with Zaps. Thank you for coming to my TED Talk.
1. Hosting service
2. Digital goods
3. User generosity
(Ads are essentially off the table.)
More on "digital goods": the most obvious way is through paywalled content, eg "Zap to unlock". There's no way for any centralized system to skim fees off the top, so to make money you have to be a top content creator. And what content are people willing to pay the most money for..? OnlyFans. I hate this idea, but it's likely only a matter of time in the Nostr paradigm.
My other idea is profile items, eg essentially NFTs people can display on their profile. It would require client cooperation, or at least users to choose clients which support it. This is a half-baked idea, but I like it more than OnlyFans and I think it could make money, especially if the items help represent a user's personal identity or affiliations.
A few short notes on the other bullets. Hosting service is hard with a low profit margin (unless it's highly specialized) and there isn't currently a strong enough incentive to self-host relays, so we have to create that incentive first by gamifying the relay experience similar to ActivityPub servers (eg a relay is a community).
And finally on user generosity, Nostr users are overall wealthier and way more generous than other communities online, so you have a far better chance utilizing that vs say ActivityPub. Creating spaces users really want (and then empowering them) will help. I think it's possible to be cashflow positive with a team of 2 or 3 people just on donations if you do it right, but to scale further you need to be tapping into the human psyche a bit more unless you become a full-fledged nonprofit.
So in conclusion, let's not build OnlyFans and find a better way instead. Ideas are still baking. Also, this is completely unrelated to the #OnlyZaps hashtag which is about replacing Likes with Zaps. Thank you for coming to my TED Talk.
@alex >And what content are people willing to pay the most money for..? OnlyFans.
There's still Patreon, Fanbox and Fantia, all of which fuck artists in the ass one way or another. @silverpill already implemented AP-based subscription service, but good luck trying to convince artists to touch anything crypto-related. Many of them still stay on the fucking Twitter which just kilted off access for anything deemed not family-friendly without giving out your ID or phone number.
There's still Patreon, Fanbox and Fantia, all of which fuck artists in the ass one way or another. @silverpill already implemented AP-based subscription service, but good luck trying to convince artists to touch anything crypto-related. Many of them still stay on the fucking Twitter which just kilted off access for anything deemed not family-friendly without giving out your ID or phone number.
@mint @silverpill Mitra is a great example. But I’m not sure how it doesn’t result in the majority of payments being to furry porn artists since that’s how you make the most money in the space.
Please don't start creating vegan furry porn Alex.
@flappypaddle @alex @silverpill Alright, tagging in local furry expert @PhenomX6 with the question on whether vore can be vegan.
@mint @alex @flappypaddle @silverpill I know a lot of vegan furries and I've seen dogfuckers talk about why fucking animals is more ethical then eating them so....
@PhenomX6 @mint @alex @flappypaddle @silverpill This is why I stopped eating meat tbh, because if you think fucking animals is wrong, eating them must be worse.
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@galena @PhenomX6 @alex @flappypaddle @silverpill @mint That's hachi logic right there.
