Community
Until last year, launching an onchain subscription was difficult, as NFTs and ERC20s had no concept of time embedded within them. Instead, they offered one-time, discrete value transfer between buyers and sellers.
Token allowances and streaming escrow contracts are one solution to this problem, but they are complex and difficult to use.
We made STP t... See more
Token allowances and streaming escrow contracts are one solution to this problem, but they are complex and difficult to use.
We made STP t... See more
Subscription Token Protocol – V2
Devin Baker added 5mo
Let’s recap: as content creation and distribution tends to infinity, community emerges as true internet-native media. Community is an exercise in cultural production, and communities filter content proliferate a specific point of view. The role of the community, then, is to create and curate cultural artifacts in-line with their collective point of... See more
Luxury Media
Devin Baker added 5mo
These organizations often position themselves as the future of communities, but they look a lot more like the past, a sort of romanticized feudalism.
“Friends” as the ideal community
Devin Baker added 6mo
We no longer lack tools for creating content. When content production and distribution is infinite, the important aspect is its primary function in crafting and proliferating culture*.* In other words, the value of content today comes primarily from its use in cultural production.
Luxury Media
Devin Baker added 5mo
When content production is infinite, we’re left asking, “ What is this all for?” An abundance of content leaves us with a dearth of context and meaning. Under the physics of infinity, media doesn’t need to be a vehicle for delivering more content. Instead, it should act as a lens through which we sensemake with content, and as a container for captu... See more
Luxury Media
Devin Baker added 5mo
I have worked hard to stay close to my childhood friends, not just in the ‘knowing the events of each other’s lives’ sense (though this is a worthwhile aim!), but also in the sense that: I want to let them continue to know me and who I was becoming as I transformed , even as I shed versions of myself they had come to know so well. Because I love th... See more
returning from the hero's journey
Devin Baker added 5mo
This framework implies a return to patronage – we are not paying for utility, we are funding the story, the taste, the culture, and its support and proliferation.
Ironically enough, patronage is an even older media business model than advertising or subscriptions. During the Renaissance, patronage was symbiotic – it afforded patrons cultural capital... See more
Luxury Media
Devin Baker added 5mo
The primary development of STPv2 is Tiers, which can be understood as the ability for creators to provide different offerings at different price-points.
For example, a subscriber to the $5 tier might only get access to Bob’s newsletter, while a subscriber at the $10 tier gets access to Bob’s newsletter and his private group chat. Creators can creat... See more
For example, a subscriber to the $5 tier might only get access to Bob’s newsletter, while a subscriber at the $10 tier gets access to Bob’s newsletter and his private group chat. Creators can creat... See more
Subscription Token Protocol – V2
Devin Baker added 5mo
But I wish I had realized sooner that I could show up as I was, and everyone who loved me would still love me even as I was confused, freshly transformed and still getting my footing. I wish I realized that no one is as absorbed in our journeys of inner-transformation as we are, and that sometimes laughing with old friends about nothing in particul... See more
returning from the hero's journey
Devin Baker added 5mo
like substack, hypersub gives followers more control over their experience: users choose exactly which creators they want to support and therefore what content they want to consume.
unlike substack, the user-centric feed experience that hypersub offers can be implemented well beyond one app.
unlike substack, the user-centric feed experience that hypersub offers can be implemented well beyond one app.
hypersub as the crypto substack
Devin Baker added 5mo