#onlyzaps
V4v vs ad revenue is an interesting thing to think about. I like the v4v idea but I can’t help but notice it can make things as weird for creators as taking on sponsors.
In the streaming world, getting a contract, or essentially getting a much larger cut of ad revenue in advance for driving a large part of that revenue for the platform is king. Top streamers also can take on sponsors directly for typically very high value. A contract is typically on the order of $millions and sponsor revenue if done right can be similar.
What’s interesting is that most creators on streaming platforms are v4v supported until they make it to the tippy top. Only maybe the top 50-100 get such deals.
Top streamers like Ludwig have come out and said that they feel weird taking money from people. At the top of his twitch career pre subathon he was averaging ~20k subscribers a month. Assuming $5 / subscription and a 70% cut (note both of these numbers have changed, sub cost is up and top creator cut is down to 50%) he was grossing $840k on v4v from his viewership alone.
Before getting a contract or nice sponsor deals these creators work for years growing their viewership. V4v in streamer form means you can literally watch this 6+ hour a day grind. The fact that Ludwig favors monetizing off his viewers via ad revenue vs direct payment sort of says something.
Maybe it’s the fact that each sub is $5+ / month. It seems like at some point he felt guilty for how much viewers would give him especially at his peak, likely thinking of other up and coming creators that would stand to gain much more from each sub.
Nick Slaney
nick@nickslaney.net
npub18psf...v73m
MOE maxi
Chess is wild
Where do the notes go?
Bitcoiner bf aclu gf


Was 2015-2018 a local peak for music?


Would you look at that it’s becoming pretty clear that centralizing AI is a bad idea too 

Techdirt
Midjourney CEO Says ‘Political Satire In China Is Pretty Not Okay,’ But Apparently Silencing Satire About Xi Jinping Is Pretty Okay
As a rule, it’s a good idea to be particularly suspicious of defenses of censorship that — coincidentally — materially benefit the people esp...
I don’t want to train an AI with my thoughts / notes
Can we have the ability to make our nostr private now
Focusing solely on number of devs / velocity of dev on bitcoin now is a bit silly— sort of like focusing on http development instead of Amazon
Of course bitcoin development needs to continue, but we’re at the Amazon phase, not the gopher —> http phase
Even when assessing a fund / business / your own positions it used to be:
- cash in bank ✅ (losing out on some potential interest but here is some $ that isn’t going anywhere)
- assets 🔎 (how liquid? ROI?)
- stocks 🔎 (what businesses? How are they doing? How are they managing their money?)
Now it’s:
- cash in bank 🔎 (which bank? How are they managing their money?)
I’m still struggling to reconcile how to think of $ risk with banks.
Conventional wisdom has been $ in banks is lowest risk— it’s where you put your emergency fund. You trade off low risk against interest.
Recent bank runs turn that on its head. At least the risk is understood with a mutual fund: theres some group of people who are investing your money, which can have up or down side.
Should conventional wisdom shift to reflect the reality that banks are mutual funds with a bit of insurance behind them?

