This site is great đ„ Seeing that 82% of all zaps for the past 30 days were 50 sats or less is not đ„Ž
yooo nostr:npub1zuuajd7u3sx8xu92yav9jwxpr839cs0kc3q6t56vd5u9q033xmhsk6c2uc this is awesome đ„
https://stats.andotherstuff.org
Discussion
Cry harder.
Sorry bro, your get rich quick scheme âmeme on nostr for bitcoinâ is bunk.
Maybe you should start selling âhow toâ courses.
Pretty awesome. Just scrolled through there myself. Somethings are encouraging and others are not.
We need some whales zapping instead of hoarding. Also, there is an awful lot of judging in regard to zap amounts. I liken it to customary tipping; it is always nice to receive a tip, but the receiver doesn't determine the appropriate value and shouldn't expect anything to begin with.
Analysis is not inherently judgmental, so if you feel called out thatâs your problem. All we âneedâ is for the average nostr use to understand the real world purchasing power of sats and as they decide what to zap.
Not what I meant at all. Establishing a system of tracking zaps, who zaps who and how much makes us no better than them. Nostriches shaming Nostriches shouldn't be a thing.
âShamingâ would be pointing fingers at specific individuals and telling them they need to zap more. I donât see anyone doing that, and neither would I do that. Analyzing publicly available data and drawing conclusions from it is not shaming in the way you describe it. As for establishing a system of tracking zaps, everything on Nostr is public data so if someone doesnât want it analyzed then they probably shouldnât use Nostr
Perhaps the content isn't more valuable? I mean most zaps are just 'likes', but provide little actual value.
Creteore valuable content and zaps will be higher. Take v4v podcasts, there are routinely large zaps and even recurring payments by the minute.
I zapped you 51 though, lol.
You seem to be reading into my post as if Iâm saying these are the zaps I received. This is stats for all of nostr. On ALL of nostr 82% of all zaps for the past month are under 50 sats each. Thatâs pathetic. Thereâs a lot of good content here, and a wide variety of it. I think you are right that most people treat zaps as âlikes.â That likely explains these stats. I think that trend needs to change.
zaps 1.0 are too public to send any real value with.. needs 2.0
Every client needs to implement private zaps at least as an option.
private zaps are not good enough either.. they expose the receicer unwillingly to public accounting
Using a zap-enabled lightning address is optional already though.
when you send a zap, the fun part, or essential part really (paying for jerkey) is the person noticing. what zap 1.0 hasn't solved is that, because it's both unreliable (i send private zap, most clients don't see it) lightning send, they don't see it or can't see who sent it. AND too public, (public tallys of all time zaps sent or received).
Once the initial coolness wore off, I think most bitcoiners prob looked at how it worked and said, cool microtransactions is all it's good for.
I disagree completely with your conclusion. Look at zaps on Nostr in comparison to boosts on Fountain. If the public nature of zaps was the issue then the amounts would be similar. But Fountain users boost much larger amounts even though itâs public.
Nope, not at all. I'm saying generally speaking, the notes aren't amazing enough for people to send a few hundred or thousand sats, clearly.
It's also a tiny ass place. If we had 100 million users sending 20 sats, that's massive.
Same goes on X. How many people are going to send 10 cents to a buck to a person for tweeting? Not many. Rumble might be a good test with tipping Bitcoin and usdt easily. Although their viewership is small also.
The fractional and small model is great I think for now. Proof of working.
IMHO an engagement rate of 0.87/note is much more worrisome :(
Yea I thought about that too. I wonder how many of those are notes from people with at least one follower.
I don't know who needs to hear this but V4V is about you and the content creator you're supporting. The public facing part is just for transparency and to thank people publicly.
I'm a V4V maxi and barely zap on Nostr because there isn't much here worth zapping. I'll do a default 33 say zap here and there but that's about it.
but what do I know...
maybe those posts aren't providing much value to consumers.
Perhaps crying harder will increase morale
Whatâs wrong with a 21 sats zap?
Be careful: greed devours the brain
Depends on context whether anything is âwrongâ with it. Presuming Iâm being greedy for analyzing data is your problem, not mine.
Just referring to ââŠ50 Sats or less is not (great)â
The issue Iâm pointing out is not that some people send 50 sats or less, but that 82% of zaps are that amount. Many conclusions can be drawn from this data.
Okay, now I understand this part better. Are you willing to elaborate why you think itâs problematic.
It seems logical to me, that small amounts make the most zaps, while higher zaps are less often made and therefore more exclusive.
I agree with the premise, and I did consider that. What I find problematic about it is in the high percentage of micro zaps, and also in what it implies if most zaps are tiny in value. To me it implies some combination of the following:
- nostr users consider zaps to be gimmicky
- nostr users donât properly value good quality content
- there isnât enough good quality content on Nostr
- nostr users/bitcoiners are not actually willing to use bitcoin as a transactional currency
Nostr is small, no doubt. So I donât expect to see individual creators/users to be earning a lot of money here yet. But, I am surprised that we donât see a higher percentage of zaps being larger in value, as there is actually some great content here already.
Value has no fixed shape.
Value is a perception. A judgment made by a human mind at a specific moment in time.
It changes with context.
Basics most âbitcoinersâ aka fiat maxis donât even get đ€Ą
Market value, however, is not as flexible. To some degree, yes, but not entirely. The market value of energy, or physical goods, etc, for example, is measurable and fairly predictable depending where you are. Digital content is no different, even though it is a different type of good/service than something physical.
Bro measurement is not value. Itâs just the momentary consensus of subjective preferences expressed through exchange.
Energy, goods and/or digital content donât carry intrinsic value either my fridnd. They inherit value from human demand, context & scarcity.
The market reflects collective perception at a point in time.
Thatâs exactly why value remains subjective even when the price looks objective.
When da fuck do you finally get itâŠ
âGuys not zapping me enough sats for my memes, which is art â đ€Ą
This isnât about zaps on my memes. Iâm sorry youâre too dimwitted to understand this by now.
I wonât trade insults. I do trade ideas.
Freedom of speech means you can speak & It doesnât mean your framing is immune to critique.
Bitcoin is communication but communication without respect turns into noise.
If you want dominance thatâs not freedom, thatâs ego.
If you want dialogueâŠIâm here.
To meâŠitâs âhumansâ like you that hinder adoption.
nostr is increasing đ€đ»
Job market is tough right now, bitcoin didn't go moon and nostr didn't get new users. This gonna get only tougher until Bitcoin goes to every day people's homes and nostr becomes more popular. Safe asumption is that zaps are trending to zero and having any zaps in 2027 will be a win. 1 sat zaps will become more popular. 21 sats zap will be new 1K zap.
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