found the answer in my own. The advantage of Hivetalk and Cornychat, you do not need to pay sats/zap to stream for content creator. It reminded why I did not use the zap.stream 2 months ago when I finally decided to join #nostr!
Discussion
I’d say it is a hard sell for a platform that asks streamers to pay to stream. Here are the reasons why:
Censorship Resistance 🛡️: While important, it may not be enough to attract creators who prioritise audience reach and monetisation. Many creators rely on streaming income and may prefer platforms with established monetisation models.
ROI 💰: Charging content creators upfront can deter them, especially when free alternatives exist. Creators are unlikely to invest in a platform that doesn’t guarantee a return on investment.
Slower Audience Growth 📉: If creators must pay to stream, they may be less inclined to promote the platform, leading to slower audience growth and making it less attractive to new creators.
Learning from Centralised Platforms: Revenue Sharing 💸
Implementing a revenue-sharing model is crucial for attracting content creators. Here’s why it’s beneficial:
Attractive Incentives 🎉: A fair revenue split (e.g., 30-70 or 80-20) encourages creators to join, as they can earn a substantial portion of the revenue.
Encourages Quality Content ⭐: Knowing they will receive a fair share motivates creators to produce high-quality content, enriching the platform’s offerings.
Fosters Loyalty 🤝: A transparent revenue-sharing model builds loyalty among creators, helping to grow their communities on the platform.
By adopting a revenue-sharing approach, new software can effectively compete with established platforms like Twitch, TikTok, and YouTube, attracting both creators and their audiences.
#nostr #plebchain #grownostr