4 ms·

Bravo :D By the way, I think the sweet spot for this is online journalism, where there is a need for very high-quality content, but ads never have been suffici

by javert 14y ago

Bravo :D By the way, I think the sweet spot for this is online journalism, where there is a need for very high-quality content, but ads never have been sufficient and never will be. In other words, a way to save our beloved newspapers.

jacques_chester 14y ago
My original source of inspiration was "how do I make money off the blog network I run, and give some money to my bloggers as well?" The model I have in mind will suit news media, sites like PA, discussion fora like HN and web applications as well. In my draft pitch I say that I am proposing to "reinvent the internet economy" and I feel that I'm only engaging in a modest amount of hyperbole.
- javert 14y ago
  That is fabulous. I want to develop a site that shows statistics of a certain kind (won't get into that here), and it would be great if I could charge people a very very small fee to see them. I don't know if your product would suit that need as well. I was trying to think of helpful suggestions, but couldn't really think of any. The only thing I can think to tell you is that if the business involves bitcoin, you could probably get a lot of loyal early adopters and raise some decent seed funding at http://glbse.com http://glbse.com (however, it's a legally gray area right now).
  - jacques_chester 14y ago
    > I don't know if your product would suit that need as well. Somewhat. If you install my software on your server, you get a portion of money from my user's subscription. I call the model "microsubscription". As for bitcoin, I'm trying to be as currency-agnostic as possible (not least because I'm in Australia). However I probably couldn't support it right out of the gate because the inter-currency exchange market is not as well developed as it is for major currencies. For example, suppose I have website X, expecting to be paid in AUD and subscriber Y who wants to pay in bitcoin. At settlement time, it will be hard to find a buyer for bitcoin in AUD, so I will probably have to go through USD first. I'm not hugely keen on that because of the complexity and transaction costs.

by javert 14y ago

jacques_chester 14y ago

My original source of inspiration was "how do I make money off the blog network I run, and give some money to my bloggers as well?" The model I have in mind will suit news media, sites like PA, discussion fora like HN and web applications as well. In my draft pitch I say that I am proposing to "reinvent the internet economy" and I feel that I'm only engaging in a modest amount of hyperbole.

javert 14y ago
That is fabulous. I want to develop a site that shows statistics of a certain kind (won't get into that here), and it would be great if I could charge people a very very small fee to see them. I don't know if your product would suit that need as well. I was trying to think of helpful suggestions, but couldn't really think of any. The only thing I can think to tell you is that if the business involves bitcoin, you could probably get a lot of loyal early adopters and raise some decent seed funding at http://glbse.com http://glbse.com (however, it's a legally gray area right now).
- jacques_chester 14y ago
  > I don't know if your product would suit that need as well. Somewhat. If you install my software on your server, you get a portion of money from my user's subscription. I call the model "microsubscription". As for bitcoin, I'm trying to be as currency-agnostic as possible (not least because I'm in Australia). However I probably couldn't support it right out of the gate because the inter-currency exchange market is not as well developed as it is for major currencies. For example, suppose I have website X, expecting to be paid in AUD and subscriber Y who wants to pay in bitcoin. At settlement time, it will be hard to find a buyer for bitcoin in AUD, so I will probably have to go through USD first. I'm not hugely keen on that because of the complexity and transaction costs.