We should face up to the issues of input, output, and profitability of the sustainable development of Nostr ecology. We cannot bury our heads in the sand like an ostrich, but our bodies enjoy the free sea breeze and climate of the beach.

Every time #[0] continues to pour money into developing clients and servers, potentially leading to bankruptcy, everyone who uses Damus, will be mortified and will do their best to zap ⚡️ his great work. However, as the amount of data increases and the cost of running the relay server and client development become more and more complex, purely relying on personal selfless dedication and asymmetric zap⚡️ cannot last for a long time.

The sustainable business model and capital operation method that I can see now, I hope everyone can add and discuss

1. Client developers and relay operators charge users monthly or annual membership fees, and the payment method is paid in the user's national currency instead of sats. Because most ordinary people who use Nostr do not own Bitcoin. And Bitcoiners who own bitcoins cherish their bitcoins as treasures, and will not tip large amounts at will. It is much more convenient to pay in local currency, just like many foreign websites support China's Alipay.

2. We all believe that Nostr has the same philosophy as Bitcoin, which is free from censorship, freedom, and belongs to everyone's own thoughts and wealth. But Nostr lacks a benign mining and reward mechanism, and the pure self-investment of relay and developers is unsustainable. Is it also necessary to introduce a reward mechanism similar to Bitcoin? Issue Nostrcoin?

3. After establishing a company and accepting investment from traditional VCs, the next step is to consider the business model and profitability. In this regard, as long as people like the client on Nostr, as the number of users increases, the profitable business model can be explored.

4. Client developers and relay issue tokens based on Ethereum to raise funds for development and operation, which is equivalent to issuing securities on a cryptocurrency exchange. This mode of operation based on blockchain fundraising allows many developers to continue to develop and improve their financial situation.

Here I would like to kindly remind everyone that the blockchain technology and tokens are more tolerant in the use of Nostr. We need more people to join Nostr. You can disagree with their views, but respect them in using Nostr.

#Nostr #Damus #[3]​ #[4]