added by sari · updated 2y ago
Why Creators Should Choose Protocols Over Subscriptions
- Token-backed communities align incentives so much better than any other medium or monetization I’ve seen.
from Why Creators Should Choose Protocols Over Subscriptions by Richard Patey
sari added 3y ago
- Making a full-time income as a solo creator in the current Web2 landscape is tough.
from Why Creators Should Choose Protocols Over Subscriptions by Richard Patey
sari added 3y ago
- The ultimate monetization is tokenization - replacing credit card-based subscriptions in Stripe with NFTs and social tokens.
from Why Creators Should Choose Protocols Over Subscriptions by Richard Patey
sari added 3y ago
- Creator collectives share the burden of publishing and backend duties (accounting, admin, customer support), but do not solve for churn.
from Why Creators Should Choose Protocols Over Subscriptions by Richard Patey
sari added 3y ago
- Platforms like Substack have enabled the best journalists to leave their job, but it’s also put writers on a hamster wheel with a weekly publishing cadence, where they may be making less than they thought.
from Why Creators Should Choose Protocols Over Subscriptions by Richard Patey
sari added 3y ago
- What solves for churn is enabling your readers to benefit financially as the collective grows.
from Why Creators Should Choose Protocols Over Subscriptions by Richard Patey
sari added 3y ago