It would require many loyal fans with connections to creator probably. 🤔
Discussion
Right, and I think this points out the weakness.
There’s only a finite pool of “fans”, and manipulating their attention is the value-added that centralized SM provides creators. It’s abstracting away part of the process that V4V would require from the creator themselves.
Also, fracturing this finite pool of consumers (I expect, though maybe I’m wrong) would drive the median profit down.
Maybe, maybe not. If you're not familiar, check out Kevin Kelly's 1000 true fans: https://kk.org/thetechnium/1000-true-fans/
I agree that "creators" in the current, narrow, big social media definition probably would rather spend time trying to game an algorithm but ask yourself if they're actually creating anything of real value.
For people building things that bring value, it'll be a slower process but I believe that builders will definitely be able to build solid 6 or 7 figure incomes via V4V (or as it's been known for most of human history, running a small business).
How’s 1k true fans any different in a subscription model from v4v? If they are dedicated to you, they’ll pay.
In that sense, it's not really different, in a good way. We have lots of evidence of people paying via subscriptions for services they value. So streaming that money in a more granular fashion should feel more fair.
It's a bit like going from mobile phone bills that used to be billed at some set amount of usage in big blocks (easy to over pay), to paying by the minute in 1 minute increments. It just feels more fair and consumers are more in control.
Until you go back to unlimited just to nostr 😂 😂
Thanks for the link! I wasn’t familiar with it at all