Nostr Web Client

What do we need to better support creators joining (and staying with) Nostr?

We have donations/support covered. We have lots of always improving apps.

We have high engagement.

The more creators we can bring onto Nostr, the richer the network will be.

PS. I hate seeing “Make a contribution via _PayPal_” on Spotify. Short circuiting the middle-man is something Nostr can bring in spades.

jleger2023 2y ago

I think the bottom line for creators is pay. I *love* Nostr, its censorship resistance and ⚡ integration. Developing NostrGram has been a dream for me. But out of the many thousands of people using NostrGram, only a small % have sent a ⚡ for the hundreds of hours of work I've put into it, and most of those are for a few pennies.

I believe in Nostr so I press on (and *really* appreciate those who have been more generous in their support). But for creators who are used to big payouts from ads running on their content, pennies won't cut it. It's a business decision on their part, and I get it.

My stance is more principled, but despite that principle if things don't pick up or I find a way to better monetize the platform in the coming months I'll have to turn my attention to other fiat-mining things (yuck). I'm lucky that I'm self employed and so my time is more flexible than most. That's my 2c.

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Discussion

Blake 2y ago

Is a challenge then perhaps subscription payments? Would you consider other models like freemium/premium, etc?

I don’t know of many fully donation or any value for value business cases that have been sustainable for tech products. Extra revenue maybe, but never primary.

I think payments will start to get larger using Nostr. As people feel more comfortable with wallets and payments are not scams, the transaction amounts will rise (even if just targeted ones and the median/average) remains micro.

jleger2023 2y ago

Don't get me wrong. I'm impressed with the level of generosity of some. Bitcoiners are value-for-value people, and some have proven that's not just talk. I think for the rest there will just need to be an (ick) paywall in place.

To be fair I've had a bunch of folks say they'd pay an annual subscription for the client. It's just a matter of pulling the trigger and putting that requirement in place to see how many people live up to their words. I haven't done that yet because I want the feature set more complete and some of the bugs/kinks worked out first, but that day is coming.

In the meantime I'm just focusing on making NostrGram the best I can to attract enough users so when that day does come it will be (hopefully) well supported. I believe in the space and the people who occupy it, which is why I'm willing to put so much work into it for so little initial return.

And I agree with you that it's a matter of time. People need to get comfortable with the way things work. I'm optimistic.

Blake 2y ago

Yep. I agree.

I think the 1000 true fans model can be enough to start making viable Nostr income to enable people’s continued contributions.

And it’s a tough question too, are the paid customers enough to offload freemium at a smaller scale. It’s possible it just isn’t - without significant scale like FAANGT.

cryptofolyo 2y ago

What if a NOSTR client can achieve these goals?

1. Incentivise authors to create great content and earn money

2. Incentivise readers to become investors on posts to earn revenue by curating and rating the posts

3. Connect like minded people nearby reading and posting about similar content

4. Discovery of great authors on a topic from across the world.

5. Incentivise users to invite and train more and more people to join nostr and develop a content economy that can enormously reward the early birds who are inviting and training from a regular forever income stream coming via the invited. Similar to the MLM schemes.

People will value that social media platform that gives most value for their time giving them the best and right content

Blake 2y ago

I also think we are maybe 10x user growth away from being break even for server costs for many hosts.

And likely 100x away from more serious income.. but likely not comparable to full time work in most countries. Unless a subscription model with enough value for $5/month x1000 becomes viable.