I dont see it will work for all and every. Some will feel that they dont get what they deserve and wont continue v4v. And its absolutely right thing to do if theres leeches sucking your life blood. But for others v4v is their life blood. So it will continue and with succes comes others.
Interested to see what will eventually come out of this all. What a time to be alive.
Surely a value for value method with people who believe the value of the thing they are getting paid in will increase (to various realistic and unrealistic degrees of magnitude) can lead to exploitation of this 'value'?
If I like your work, I can steam, subscribe and zap.
If I like the work of 3 more people, I can do the same.
But if I have to support 20 people because I like their stuff I probably won’t be able to.
With the ad model, I can still support all 24, because my views were monetized. Maybe I didn’t pay out of pocket for the other 20, but my views and those of others generated revenue for the platform which presumably splits it with creators. Someone ultimately buys something through some ad but I didn’t incur any costs.
How does v4v address it any differently? I get the small amounts argument but the numbers or views to make that math work would have to be pretty high, and probably unrealistic.
Yes but perhaps your comparison is wrong. Maybe the current model doesn’t support all 24, just the top2. We only hear about the winners.
YouTubers, even not huge ones still earn. Not much but there is ad revenue I believe. Would be great to see a YouTuber chime in.
I believe one of the reasons YouTubers make the money is that most of them operate in niche markets, which makes it easy for targeted advertisement and sponsoring, without spending on market analysis. Once you reach a certain klout, you get contacted directly by the advertisers. (Willing to sponsor in different ways…)
Ads wont go away anytime soon, i think. Like theres real cost of doing things and for some it will make no sence just jump into the unknow and hope it will work out. But for those who have no success in current world, platforms are the leeches for them and ads wont pay for what they giving... There no reason to be slave.
In the end, i hope that more peoples will join v4v becouse that will force ad companies and platforms think again their moves. To capture our energy.
On major platforms you need millions of views to make $1,000. You need to be reaching billions of views per year to make a decent living from the platform. Thats why they all sell merchandise and run their own sponsors and product placement, etc.
Without subscribers reaching the big numbers is impossible.
In this model the user pays zero, and the advertiser is paying $0.0001 per view.
This allows the user to stack up a lot of content because typical user has up to 20 hours screen time per week to pad out. Using round numbers users probably doesn’t want to pay more than $10 per month for ~100 hours of new content.
Therefore 1 hour of content is worth approx $0.10 to typical premium viewer… And this is for world class content comparable to Game of Thrones, Breaking Bad, Premier League, etc.
So I think a fair price for V4V is somewhere between $0.01/hr and $0.10/hr.
If you are making 1 hour per week of world class content then you should really be looking for $0.30 / month from subscribers.
Please factcheck my math.
But I see a lot of people where it’s basically 1 person at their desk looking for $5-10 a month, which is where Netflix pricing is. Then wondering why they can’t grow past 30 premium subs and then getting trapped with a big commitment that isn’t growing. They are charge 100-200x too much.
This thread makes me sad. You don’t have to guess at things or do math. Just look at the real world and see the examples of v4v working: No Agenda, Jupiter Broadcasting, Podcasting 2.0, etc. Then really listen to the show and reverse engineer how it works.
If your product is high-quality, and you’re honest with people, and you ask them to help, they will. That’s not a guess based on a theory. It’s a fact, based on the last 3 years of my life doing the Podcasting 2.0 podcast every Friday.
If you are trying to figure out how much your content is worth you’re already doing it wrong.
Do the things you named make enough to support themselves from v4v alone or do they have some means of monetizing?
Why would it make you sad Dave?
I’m not saying V4V doesn’t work, I’m saying I see a lot of folk with prices that preclude any growth.
Demand is a curve like this, and the optimal price is the one that creates the maximum area in the box.
Revenue = price * qty
Most V4V content creators have prices that create very tall thin boxes with small area. This really caps their revenue potential.
It’s better to charge 1m people $0.05 a month than to charge 500 people $10.00 a month.
Your price point is a huge determinant of your audience size. 
Sure there is greefers always, if thats what you mean by exploitation? But if you mean that in good way then sure too. Something you have belive that will increase in value is way more valuable than something you belive will decrease in value 😄 And bitcoin will surely help, by making it easy to participate, for consumer and producer.
And theres exploitation in current system so i think it's just good to have more channels for moving energy around those walls, so many who cant thrive now can have their change 🫂
But in the end, all of it will figure out how it should be. Theres risk, succes and losses, but only time will tell.
