3. Media needs subscriber governance: Subscriptions are mostly pitched as giving access to content. You pay so you can get around the annoying paywall. But the increased familiarity of paying for content will also lead to the desire to give more feedback on it. Substacks have comment sections and Discords where a sole proprietor has to answer to fa... See more
Payments and built-in monetization models – Just as ads have become the predominant monetization model for social platforms, we believe member subscriptions are promising for communities. Because people are more likely to consume a product when they pay for it, subscriptions can incentivize engagement.
Moving from audiences to communities. Memberships and subscriptions hold the promise of closing the gap between media brands and their audiences. When your audience is your customer, you tend to provide better services. The advent of tokens and decentralized autonomous organizations would seem to represent the next step. It is logical for a communi... See more