From a content creators perspective the lack of engagement, is definitely an issue with Nostr in it's current state, especially if your goal is to monetize your content, imo. If you spend multiple hours crafting and coming up with unique notes, yet you don't receive any feedback at all whether it's a comment, like or a #zap it can be discouraging and ultimately over time those content creators will leave #nostr and go to greener pastures as the cost benefit analysis isn't worth it here as they don't have an audience. Why write something on social media if it's not going to be read by anyone, right? This has a cascading effect when new users join as when they find a community other than #Bitcoin and it's rarely ever posted they to leave as well as their is no one to engage with.

Imo, discoverability, on-boarding and ease of use have been long standing pain points on #nostr as trying to find other communities other than #Bitcoin can be challenging especially if you don't know what hashtags to use.

So until these pain points are solved the status quo will continue.

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From what I've heard the engagement levels are way better on Nostr than they were on Twitter for example. Maybe it's true only for the bitcoin crowd though, who knows. And with engagement I mean meaningful conversation and exchanging ideas and resources. I think if you're really trying to monetize content maybe Nostr isn't the right protocol for doing that. People are just trying to have a good time and zaps shouldn't be fished for like that in my opinion.