Nostr needs MORE economic activity. Yes, this includes digital media and content creation. And yes, this includes monetizing it. And no, 1-sat zaps aren’t going to cut it. 😂🤷‍♂️

Replies (38)

Ankh- Morpok's avatar
Ankh- Morpok 3 weeks ago
Not really. I like the idea of paying for old movies which I want my kids to watch but I can’t watch it on my TV so it’s just too difficult. I have tipped quite a few Wavlake musicians but that’s purely because I like it and at the time I felt generous. At other times I’ve felt poorer and less generous. I don’t really consider it paying for something more like I feel I need to support these guys cos I like their music. That’s too subject to my feelings.
Ankh- Morpok's avatar
Ankh- Morpok 3 weeks ago
My point is that nostr cannot rely on my charity. This isn’t a viable economic model. Nostr has to provide value and I’m willing to pay for that but I don’t cat pictures or photos valuable. If there’s an outstanding picture I’ll zap it but that’s far too subjective for a sustainable business. But having said that I do find @FLASH valuable so I do try and zap things I agree with. But that’s also so subjective ie I find it valuable and I zap. Someone else may still find it valuable but not zap. It’s difficult to make this sustainable. Nonetheless I’m willing to pay a lot for private AI @Maple AI so my point is that you cannot rely on people’s charity. You have to provide a service which someone finds valuable. And find some way of not giving it away for free. People will pay for something they find valuable but won’t pay for it if they can get it for free.
JOE2o's avatar
JOE2o 3 weeks ago
We live in a utopia of free and amazing online content. We do not live in a utopia of free and amazing pastrami bagels. Ergo if you're looking to make a buck then open a bagel shop.
Too much emphasis on NOSTR zapping leads to the cultural dead end of Steemit. It is usually apparent when someone posts purely with zaps in mind. If I’m feeling generous I’ll educate but mostly it’s an insta-block.
Benking's avatar
Benking 3 weeks ago
Absolutely Nostr’s real potential will only unlock when there’s meaningful economic activity flowing through it. Content creation, digital media, and all forms of value exchange need proper monetization. Micro-payments shouldn’t just be novelty zaps, they need to stack sats, incentivize creators, and build a sustainable on-chain economy. That’s how the network evolves from a social layer into a true financial layer .
Liberty Gal's avatar
Liberty Gal 3 weeks ago
I need to zap more. When I zap, I zap above average, but when I'm busy, I get too lazy to zap.
Ankh- Morpok's avatar
Ankh- Morpok 3 weeks ago
But here’s the rub. I’m occasionally willing to pay for ‘free and amazing online content’ but I’m always willing to pay for a good pastrami bagel. It’s a mind switch which we’re not yet making.
The way it’s going, we’re getting ads when we scale. Either for everyone or 2 tiers: “free” with ads and membership without. 1000%
🤣🤣 Not enough people for v4v to work, and the people that are here, most are too cheap/don’t see the value in what’s offered for it to work
Kriek's avatar
Kriek 3 weeks ago
Yes maybe the implemention of groups of funding for artists and media creator?
They still think Twitter was free. Basically their time and attention to ads is worthless. Or just hypocrisy because they’re cheap. Maybe a bit of both