Just some thoughts on various monetization methods nostr clients can explore now or down the road.

1. Pro tiers. This is the route Snort is going with some features being available only to pro subscribers. As a side bonus, you can focus the product around the feedback from paying members which increases the signal from every feature added. Cheap feedback is... well... cheap.

2. Zap pools. Snort is doing this now. This is basically an option to set aside a pre-determined percentage of every zap into a pool that is then zapped out every hour automatically to anyone who is added to the pool. To enable, add a checkbox to each zap modal to support the client. When checked, a percentage slider is visible and adjustable. Allow user to save their preference so they don't have to go through this every time.

3. Zap Splits. Instead of zap pools, you could code the modal in such a way that toggles a zap split when a box is checked. The split could go to one developer account instead of a pool. Keeps things simple.

4. Fees. Grow your client by empowering users to be creators. This would probably mean building marketplace features and taking a fee from every product listed, every song streamed etc... etc... The fee could be optional, could be "streamed" in real time in the case of music playing, or charged on every sale of a digital product. This monetization method would likely work very well in the Adult Industry and clients that were focused exclusively on that.

5. Zapscriptions. Pablo is doing this well with Highlighter. Enable users to zapscribe to other people. You could create pro tiers and ask for zapscriptions, or allow anyone to possibly zapscribe partially to you (the developer) when a person supports someone else. Not sure how feasible this is technically - just an idea at this point.

6. Donations. These could be coupled with badge or physical merch rewards. If user contributes over X amount, they get this exclusive thing, unlock exclusive merch or something else. Create a tier system where higher donation unlocks better recognition. The point of "unlockables" is purely for recognition and not financial gain of any sort - that defeats the purpose.

7. White labeling. If some company wants to have their own version of your client, you could white label it for them as a service - help them get set up, remove any of your own branding and add theirs. OR, you could turn this into an automated process where they can do it themselves. Charge a monthly fee perhaps?

8. Fiat subscriptions. The same as all of the above, but allow people to pay with cards, Apple Pay, etc... Kind of like Current is doing with their iOS app.

A combination of some or all of these.

Whatever you do, if you wish people to use various functions to support the client, make sure those functions are visible or easily discovered (not hidden behind a menu). What's focal is vocal. If it's not visible, it doesn't exist.

What other strategies have I missed?

Reply to this note

Please Login to reply.

Discussion

You have to approve your own posts for now. At some point I'd like it to detect if your a mod and auto approve the post

That list looks fairly exhaustive to me.

White label solutions is a great idea to reward early developers.

Integrate goods/markets into the clients.. integrate a storefront for existing sites where the client gets a small % of the proceeds from the sale via zap splits.

👍

Great list! Here's some more. No doubt some overlap with some that you've mentioned, but deserve individual attention.

1. Tradable bounties, like the social policy bond system (https://socialgoals.com/).

2. Lotteries. Every zap goes into a pool that pays out users daily / monthly. Developer gets a percentage.

3. Service Level Agreements / Retainers. Pay a fee, get prioritized customer support.

4. Build a Monero miner into the client. Share all mining proceeds with p2pool. Developer gets a percentage.

5. Fines / virtual swear jar.

6. Escrow services.

7. Dispute resolution (e.g. Kleros)

8. Loss leader for consulting services.

9. Retroactive public goods funding. (https://tea.xyz, https://vitalik.ca/general/2021/11/16/retro1.html)

10. Venture capital (help users to start businesses of their own, take a percentage)

11. Token sales + dev tax / founders reward (https://z.cash)

12. Bridging services - send / receive nostr posts to legacy services (Twitter / Facebook, Instagram) for a fee

13. Identity vetting / management (BrightID, STAMP Protocol)

14. Rugpulls. :)

15. Contract enforcement. Require performance bonds from members which are forfeit if they don't fulfill contracts with other members.

16. BAT token (Brave browser rewards)

17. Incentivized forking (https://scribe.rip/@arweave/arweave-is-an-evolutionary-protocol-e072f5e69eaa)

The links for retroactive public goods funding got mangled:

https://tea.xyz

https://vitalik.ca/general/2021/11/16/retro1.html

This is great.

I personally see huge potential for 7. And have big ideas for it in the corporate world.

Just consider this, a team member does an amazing job on a task, and getting zapped by the whole company.

Or some executive posts a bounty to do a task that isn’t consider core operations, and getting the bounty for it.

Bounus.ly does this with fake point. But someone should reach out to them and convince them to consider nostr/lightning.

- Hosting of encrypted notes, keys, media, ... Tiers or Pay per GB

- Sponsors (flare.pub-style, where it is superclear that this is a sponsor and it only appears in one place)

How do Nostr clients differ from browsers in this case? There are millions of monetization schemes for browsers, but ultimately the user chooses the simplest and free option.

And no one needs a blue ribbon in X either 😅

I would say the biggest strategy is not to expect any nostr app or project to pay a salary, through grants, donations, monetization, etc. There is just not enough traffic yet...

Focus on covering your app’s costs, expect this to be a side-hobby for a while, and consider yourself lucky if you get any grant money or donations, and with anything extra, just save it in your node / use it to grow and strengthen your app and nostr, cover low months, etc.

Good ideas!

Bookmarked!

I’d love for zapsplits to reward the whole chain:

-creator(s)

- services used by creators (online creating tools, storage, publishing client)

- client and relay used by consumer

-marketing (reposter, curator/aggregator)

To have enough zaps floating…Zapscriptions seems to be the model closest to what people are used to in the legacy world. Fees on sales is the other close one.

Content creators look at their content as either marketing or product. Marketing content would be accessible for free (with easy option to link to zapscriptions or zapwalled content).

Take a musical artist… the products are usually merch, live performances and to some extent albums. Singles and music videos mainly serve a marketing function (and mostly generate income via advertisement).

Audio and video clients that easily link the marketing content (including interviews) to the commercial offer would have an interesting proposition. These clients would monetize via zapscriptions. (They c’ either charge the creators or ask for a share of income)

TikTok style video leads to music video, music video to single, single to album… at every step access to shop (merch) and calendar (ticket office) could be offered.

For advertisement, the creator should have options as to what brands can be associated with the content.

What could this look like? Advertisers create an offer and specify the type of content they wish to be associated to. Clients/relays would approve advertisement for an entire pool of creators, then advertisers and creators would be matched. Both the advertiser and the creator would need to approve the deal.

Interesting ideas👍

I'm happy paying subscription to something that being me this much joy and utility.

Same