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This is a space that my company operates in and we will hopefully provide this service in the future. First, publishers want more than what consumers are willin
by fastest963 3y ago
This is a space that my company operates in and we will hopefully provide this service in the future. First, publishers want more than what consumers are willing to pay per article, the credit card companies charge too much (even with special micro pricing we've negotiated) and no one has a market big enough to reasonably get $xx per month into a wallet from a massive audience. Google had tried something similar with Google Contributor but has shut it down. There was also Scroll that recently got bought by Twitter that did a wallet-type of deal though it was more complicated than a flat rate per article.
- wolverine876 3y agoBrave, the browser, started with some cryptocurrency micropayment idea. What happened to it?
- fastest963 3y agoI'm not sure if publishers could get enough from Brave Payments to make it worth it. Brave also blocks ads so they aren't exactly in the publishers' good graces. Some publishers would rather block Brave than try to work out a deal to accept cryptocurrency.
- carlosjobim 3y agoBlocking the publishers ads while putting your own on top is a scam at best and extortion at worst.
- stef25 3y agoTake a guess :)
- littlefish444 3y agoHmm interesting. But it seems like one industry that has gotten this down is p*rnography? OnlyFans seems to be an enormous processor of micro-transactions for marginal content. Maybe people are just more willing to open wallets for that type of content? It's interesting to see that even press "rebels" like Substack use a subscription model. You could argue this benefits writers with steady streams of incomes, and that per-purchase would incentivize clickbait and winner-take-all (not 100% sure I agree but could argue it). The more I think about it, the more concerned I am that subscriptions are a psychological trick where people (myself included lol) overly discount future dollars and over-estimate their ability to remember and cancel subscriptions.
- niemandhier 3y agoI think the answer is, that in sexual matters part of our brain is hardwired to attach to individual humans. Subscriptions create an incentive to keep consuming a particular resource, you don’t need that incentive if your audience already gets an oxytocin/dopamin kick just from seeing your face. The other industries that got that right are far more morally questionable than pornography: Big Pharma and computer games.
- dragonwriter 3y ago> But it seems like one industry that has gotten this down is p*rnography? OnlyFans seems to be an enormous processor of micro-transactions for marginal content The impression I've gotten from articles about OnlyFans is that the business model consists of a mix of monthly subscriptions and pay-per-view content on top of subscriptions, neither of which are typically priced at the levels that would be described as microtransactions. Is that not the case?
- byteware 3y agotangent: do we have to censor words here as well? i thought it was for youtube and tiktok recommendation systems (unalive is particularly funny imo)