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News is now Global and readers are transient and not loyal. Brave should take it's micropayments wallet model, but dumb it down and sign a business deal with a

by ozten 10y ago

News is now Global and readers are transient and not loyal. Brave should take it's micropayments wallet model, but dumb it down and sign a business deal with all major news papers. You pay $10 per month and get access to all of the news papers. Brave divides the royalties based on your reading habits. Benefits: * Easy for consumers to understand * Easy for news orgs to understand * Bitcoins and wallet hidden from mainstream * Proves Brave wallet technology for wider adoption

ghaff 10y ago
It's been tried with magazines, e.g. Texture. My library lets me read some magazines through Zinio. So forms of such services exist but they're pretty niche.
- ozten 10y ago
  It's a good point. An all you can eat Comic reader is somewhat niche, but I wonder if news isn't a more mainstream market. Currently, Brave's wallet tries to "boil the ocean", but a more focused vertical seems more tractable.
  - BrendanEich 10y ago
    Hi Austin! We are in beta, and not ocean-boiling. Our plan does not require publishers to agree before they start getting revenue shares in escrow. That's part of the plan, because it turns out to be hard to get agreements inked and signed. Even at larger scale (we're growing), getting pubs to agree is not easy or quick. As always when bringing up a new protocol, Metcalfe's Law is a pain. So we decouple and start sending money first. Money always helps. We are talking to publishers from big to small, and we have verified ~120 publishers as domain owners, with 70 already having filed the W-9 or W-8BEN (if overseas) form.
BrendanEich 10y ago
Hi again Ozten! Another quick reply (but see my first reply nested below): We are going to add "Patreon-style" pinned support options, also we'll make Patreon and YouTube account holder payable, not just domain owners. Still in beta, and your "dumb it down" advice is good. Onward!

by ozten 10y ago

ghaff 10y ago

It's been tried with magazines, e.g. Texture. My library lets me read some magazines through Zinio. So forms of such services exist but they're pretty niche.

ozten 10y ago
It's a good point. An all you can eat Comic reader is somewhat niche, but I wonder if news isn't a more mainstream market. Currently, Brave's wallet tries to "boil the ocean", but a more focused vertical seems more tractable.
- BrendanEich 10y ago
  Hi Austin! We are in beta, and not ocean-boiling. Our plan does not require publishers to agree before they start getting revenue shares in escrow. That's part of the plan, because it turns out to be hard to get agreements inked and signed. Even at larger scale (we're growing), getting pubs to agree is not easy or quick. As always when bringing up a new protocol, Metcalfe's Law is a pain. So we decouple and start sending money first. Money always helps. We are talking to publishers from big to small, and we have verified ~120 publishers as domain owners, with 70 already having filed the W-9 or W-8BEN (if overseas) form.

BrendanEich 10y ago

Hi again Ozten! Another quick reply (but see my first reply nested below): We are going to add "Patreon-style" pinned support options, also we'll make Patreon and YouTube account holder payable, not just domain owners. Still in beta, and your "dumb it down" advice is good. Onward!