Content on Nostr will die at this rate
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Discussion
It doesn’t seem too bad considering there are 10,000 daily users.
That’s terrible. That would mean a TOTAL of 100 sats sent per person on average over an entire week. That’s 7 cents.
nostr:npub1cgcwm56v5hyrrzl5ty4vq4kdud63n5u4czgycdl2r3jshzk55ufqe52ndy you have now met your weekly quota 🤣
😂🤣🫂 I couldn't resist.
You're right though... but I also think nostr is just in a bit of a lull (which is probably ok since there seems to be some very basic functionality issues being addressed)
There is definitely some ebb and flow of user activity, and that’s been the case at least the last year and half since I joined. But zaps in particular have fallen off a cliff. I just shared this in another thread.
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💯 there is a lack of zappable content once you leave the topic of btc for the most part. Everything is niche in a small community and value is so subjective. It's going to be pretty difficult barrier to break but initiatives like the residencies & people deciding to run content accounts (bravo) are steps in the right direction.
I like the spirit of the effort behind the residencies, although I question their effectiveness. Seems like a better approach would be to simply run an outright label/agency and take on artists and promote them for an agreed upon split of revenue. But yea, the pool of high quality content is small, and I think that’s where I keep coming back to my chicken and egg meme 😂
Everything should be tried. Eventually something(s) will stick. 🐣🫂
I wish I was only zapping that much, or little lol
What do we do
Ultimately there needs to be more people with Bitcoin to spend, more people willing to spend it, and/or more ways for people to spend fiat on Nostr. If commerce on Nostr amounts to nothing more than just a handful of people spending pennies from their disposable income for the fun of it, then it will remain a little play thing with no real growth. Continue to normalize spending bitcoin by spending bitcoin ourselves. Continue to onboard people to Nostr and Bitcoin. Push for easier bridges between fiat and Bitcoin, such as Strike that allows you to pay a Bitcoin invoice directly from your fiat balance. It needs to be easy for anyone to get on Nostr and start spending sats even if you don’t already have any.
#Nostr is died ✊🏼
I think zaps reflect the selfishness of society, and the expectations of "influencers" (who are in it for themselves).
I've reached the stage where I zap a post I like (with reckless abandon). And (somehow) I never seem to run out of zaps to give...
Go figure...
Generosity begets generosity. I think a little bit of discretion is prudent here on nostr where scammers can easily take advantage of others, but by and large I agree.
For comparison PC 2.0 had 4.7 million sats flow through it in the last 7 days.
V4V Stats (podcastindex.org)
Here's the real link. The first one just goes to the PI website.
Eh, social media got huge without ever paying content creators
I think our much bigger problem is we expect people to know about relays and Bitcoin to use clients that can't even find notes properly
We are so horny to push Bitcoin adoption and freedom tech we've completely missed the plot on building a great product people love
Instead of making iPhones we're making a bunch of Linux phones nobody wants
1000000000%
Social media got huge because it served the interests of advertisers and publicly traded companies who figured out they could monetize user info. Nostr has the opportunity to allow creators/artists to directly connect with their audiences and monetize the fruits of their craft without middlemen gouging them for half of their profits.
That is completely incorrect, Facebook got massive because university students wanted an easy way to share pictures and tag friends, they had tens of millions of users before they even thought of the advertising model. People didn't use Facebook to look at ads, it was because of the product was good.
I can't even see 20% of the replies to your note because they aren't in my relay list, we can't even do the basics
The reasons people used facebook and the reasons Facebook got massive are not the same topic. Facebook absolutely started finding ways to monetize localized user data early on, and its growth potential combined with the potential to monetize that localized data is one of the reasons investors saw value in the company. Nostr’s design allows it to not be captured by those same corporate/advertiser interests. That should be an exciting prospect, unless your only goal is to argue with me.
My goal is to try to get Bitcoiners to stop with their echo chamber nonsense and ACTUALLY make nostr work for the masses. I am bought in I have my own relay and zap node, contributions to NIPs and clients. But there is a reason why we're not growing and it's not because a lack of zaps. Or because people don't understand freedom.
It's because the UX is trash, it's too complicated, there are no easily accessible discovery algorithms and it's just a bunch of us autists stackers circle jerking ourselves and posting the same mantras over and over again
You know what would increase zaps the most? Actually having more people here. Not circulating the same sats between the handful of bitcoiners already here.
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The general public wasn't paying, but a LOT of platforms started paying pretty early...Instagram is the first that comes to mind, but if you call Youtube social media too, they've been paying even longer.🤷♂️
Money needs to be made for it to thrive, I feel. Which is why Fediverse is struggling to gain steam right now as well, despite it seemingly growing in popularity, the MAU are going down month by month. Monetization is a big deal.
nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc zapped ⚡️21,000 sats
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What’s considered good numbers? >200K in the last 4h?
It’s a good question. What’s considered a good amount of sales at a local farmers market? It probably depends on a combination of factors. My point is just that nobody putting in the time to create content of any type will be interested upon hearing that on average users tip a nickel each per week. 🤷♂️😂
Definitely😂
I guess we need a combination of more tipping per user and more users overall
Its a mistake to think anyone is here for sats.
Take zaps away and see what happens. nostr still grows...
Grows into what though? It will simply be a repeat of the existing social/content platforms.
I doubt that.
The only people that need sats from nostr are the relays who have to pay for bandwidth and I'm happy to provided value for value there. I sometimes zap memers but I certainly don't feel obligated to. Content creators and artists are free ply their wares but there is no guarantee of income anywhere as I've seen some horrible art presented here that I would pay 1 sat for.
Does nostr need ad revenue? No.
Sponsors? No.
What else then?
On youtube creators get ad revenue, same on other platforms. Don’t you want to incentivize creators to be here?
It depends on what they create? If I create pictures of dog shit, should I be compensated.
Lika all of us, skilled devs need to work in the fiat mines until NgU and donate time and effort.
Do you think someone who creates pictures of dog shit gets ad revenue from youtube? 😂
I've seen worse than that get revenue. But you have missed the point.
I think you missed mine. But that’s okay. Enjoy your day
No I didn't miss your point. It was non-sequitur.
But you are a more important pleb on nostr than me so feel free to be dismissive.
More important? That’s a weird comment to make. No one is more important than anyone else.
We were talking about creators getting compensated for their work. I don’t see what dog shit has to do with it 🤷🏾♂️
If I create crap content and expect to get compensated for it then I am delusional.
If I create good content and don't get compensated for it then I need to lower my expectations or find another market or create for the love of creating.
If I get well compensated for my content then as a member of a free market social experiment, I am grateful but cannot dictate what my content will be valued at. For example I have taken time and effort to explain the bottom line on the truth of nostriches spending sats on content. My content was good and yet I did not receive on sat for it , but since I expended time and effort because of my love for nostr I am not disappointed.
Again, IMHO at this point only relay operators have the ability to dictate income to match their expenditures.
I got your point. No one is arguing that bad content shouldn’t get rewarded.
My point was the incentive for a creator (not someone who makes dog shit) to use nostr. The point of the original note.
I reposted because you didn't reply to this.
Maybe if you lol people that repost it will help.
Relay operators are the only people in the world who need to make money?
Value for value on nostr, so yes for now. Without relays we have no nostr. Dev's that write code are nice to have but since the basics are already laid down, it could stop here and sostr would be fine.
You are pushing the zap thing to some kind of extreme which will only work if its organic and can't be forced.
I believe we are probably coming from different viewpoints on the use case for nostr. It has many use cases, including being a place where creators and artists can connect with audiences and directly monetize their work while cutting out middlemen such as advertisers and centralized content platforms. Nostr has other use cases too. Not all of them require a zap/v4v economy. Not every website on the internet needs to make money. But some are intended to do just that, and some uses for nostr are as well. The relays ate important, but they are not the end goal here.
I appreciate your lucidity, thank you.
If some creators intend their content to "make money" and they don't, then perhaps their content is not very good, but it is impossible for you to look at a "zap chart" and deduce what exactly is being zapped. 90% of my zaps go to memes that make me lol. I would happily zap devs who write code but to a retard like me, those things are incomprehensible and invisible, occurring in the backround and unseen.
Also, if someone wants to use nostr as an ad platform for selling wine for example, then zaps mean nothing as all the winemaker needs to do is direct traffic to his website and offer value for value there in the form of fiat or bitcoin.
I myself just muted a winemaker for over-advertising his product. It got tiresome.
BitBurn makes sense and what he says doesn't exclude what you wish to see Nostr turn into. Neitherof your points contradict other points.
The Nostr "brand" is add-free, no banning, no algos pushing addictive crap...
The zaps are a cool feature that needs to be further experimented with.
Instagram, tiktok is full of immoral individuals who gain followers with low iq content and then companies recruit them to shill shit. This can work here too but zaps play no part of it. X pays a share of ad revenue, which is outright impossible here unless ads are allowed, and again zaps play no role in that. Nostr is a whole new animal.
I've been zapping a lot less since I realized Alby throws a 404 instead of responding with an invoice if I try to zap someone from certain IP addresses. These IP addresses are bgp announced from a data center on the west coast, but the company whois on the AS is NYC. I hit a similar wall last year trying to use the Zebedee api and they told me I shouldn't connect "from NYC" despite the physical location of the server being California.
I could trivially resolve this by using a different VPN/IP address, but no. I refuse to bend and fit myself through your regulatory compliance.
I think avg sats zapped per active user compared week over week would be more relevant to draw this conclusion
Ser almost of my zaps are private as is for many others especially the bigger ones.
Dont think content will die regardless but there is a big * to this data
also eCash and direct LN Transfers 🤷♀️
naked women making more money in this bitch, and bragging about it, than the content creators, so yes, it is already dead .
im not making a good song so people can zap me peanuts when the mother of my child playing with remote contrall sex toys is more rewarding???
let use our heads - and speaking of #wavlake aint even forwarding the sats still nostr:npub1eequz6v23szzyx9utphsh8kg6kll50wte6sfh4vah8gdjtplcz6qg7at9s .
it is pathetic out here already.
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market rates will prevail in a decentralized network
I’d zap more if there was more nostr-only content worth zapping.
As I’ve mentioned a few times, I don’t see how you can grow nostr without more content creators coming here.
It’s not convenient to always swap between twitter and nostr, and there is much more content over on twitter that I like to read about.