3 ms·
If we truly paid what it cost for content, instead of fueling about $1 trillion in middle-men, creators could get paid (very handsomely) and we wouldn't have as
by illumin8 8y ago
If we truly paid what it cost for content, instead of fueling about $1 trillion in middle-men, creators could get paid (very handsomely) and we wouldn't have as many societal problems.
I'm cautiously optimistic that a utility token like BAT, or some other way that people can provide micro-payments for content will win in the end. I'd gladly pay $0.25 to read a well written article on the Internet, so long as it went to the creator and didn't fund the advertising machine.
- snaky 8y agoMicropayments used to be great idea, but didn't get traction. By the way, for example of not-ad-driven internet you might look at China, where podcasts is $7 bln business (direct fees and subscriptions), video blogging is of course full of celebrities promoting big brands, but for the main part is still about direct "gifts" from viewers to tens of thousands of bloggers.