Subnostr

Nope just rewarding builders with value no strings attached to build stuff. And builders can ask for grants to build and iterate on something (think pre-seed round funding level) and prove it out first, then start to get revenue then build sustainably from revenue. Rather than pitch this billion dollar idea at a fake high valuation selling false hopes and dreams funded by pensioners money.

jack sweeney 2y ago

ahhh i see

what's ur opinion on Zion? (the app)

they just raised another 6 million at a 53 million dollar valuation and their lunch is currently being eaten by Nostr

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Discussion

TIP_NZ 2y ago

The fact I've never heard of it and it's raised that much money (but I'm using nostr and there's no marketing team) just proves fiat VC is no longer a good signal for the best product / solution.

Nostr was funded by grants, not equity. This is the future. People don't want to be enslaved by equity owned by investors who can access printed money in exchange for real hard work. I hope people can build apps and clients based on user revenue from lightning rather than having to go down the VC route.

jack sweeney 2y ago

right.

is that the main way clients should monetize? just taking a cut of zaps?

the other model i can see is a subscription to relays.

bolt 12 would make it super easy

TIP_NZ 2y ago

I meant lightning as in Bitcoin payments generally, whatever business model (pay for relay, subscription to clients). Bitcoin makes it easier to monetize directly from a global customer base from day one.

jack sweeney 2y ago

it’s honestly kind of insane when you extrapolate the second order effects of direct content monetization

it’s just so natural haha

i think gigi said it best when he said that attention is a bad proxy for value