This will likely be the last year of damus. Will try my best to make this thing sustainable, but nostr clients don’t make money and I once funding runs dry its over as I can only burn saving for so long. Glad I was able to help play a small part in this regardless of what happens. Going to give it my all next year to try to keep the dream alive. Thanks for coming along for the ride ✌️

What is the incentive for running a service for free? None. Copycats exist, but never last. A client is more than a set of features, there's brand, there's loyalty, there's ongoing support. If features were all that mattered Apple would not exist.

I don't see subscriptions as charity. You pay for what you value, for whatever reason.

We do need to scale to be able to pay full salaries though. Just as some play math:

$9 sub would require 1388 paid subscribes to reach $150k annual (decent for solo developer, 2 if you take a massive pay cut). This assumes a 5% conversion rate on all users (very generous I think). So let's say 1500 subscribers. This is about 27-30k active monthly users on the network - a 3x from where we are today. So.. not an easy feat, but certainly achievable. This doesn't include zap splits, donations, marketplace fees, any of that. Subscription-only would tough at this point, so I think it has to be a combination of things, or just work to scale the protocol. Scale solves a lot of problems (hopefully more than it creates).

This sounds accurate, I would add one last thing, the more you push, the more probability of success you have.

To end with something positive :)

That’s why startups work 12 hours a day, and even at night while others sleep to get things done at the last minute, it takes dedication and a touch of insanity to create something truly unique, there is no easy way.

Large corporations can burn shitloads of money, and get pretty much nowhere, where in comparison startups could run circles around them, it’s not always about capital and resources, because a lot depends how you spend, and who you give it to.

My perception of Nostr (for the little I’ve been around) is that the devs are legends, but the communication, marketing, and education parts are a little weak, nothing that can’t be fixed.

What is the incentive for running a service for free? None. Copycats exist, but never last. A client is more than a set of features, there's brand, there's loyalty, there's ongoing support. If features were all that mattered Apple would not exist.

I don't see subscriptions as charity. You pay for what you value, for whatever reason.

We do need to scale to be able to pay full salaries though. Just as some play math:

$9 sub would require 1388 paid subscribes to reach $150k annual (decent for solo developer, 2 if you take a massive pay cut). This assumes a 5% conversion rate on all users (very generous I think). So let's say 1500 subscribers. This is about 27-30k active monthly users on the network - a 3x from where we are today. So.. not an easy feat, but certainly achievable. This doesn't include zap splits, donations, marketplace fees, any of that. Subscription-only would tough at this point, so I think it has to be a combination of things, or just work to scale the protocol. Scale solves a lot of problems (hopefully more than it creates).

This will likely be the last year of damus. Will try my best to make this thing sustainable, but nostr clients don’t make money and I once funding runs dry its over as I can only burn saving for so long. Glad I was able to help play a small part in this regardless of what happens. Going to give it my all next year to try to keep the dream alive. Thanks for coming along for the ride ✌️

This will likely be the last year of damus. Will try my best to make this thing sustainable, but nostr clients don’t make money and I once funding runs dry its over as I can only burn saving for so long. Glad I was able to help play a small part in this regardless of what happens. Going to give it my all next year to try to keep the dream alive. Thanks for coming along for the ride ✌️

This will likely be the last year of damus. Will try my best to make this thing sustainable, but nostr clients don’t make money and I once funding runs dry its over as I can only burn saving for so long. Glad I was able to help play a small part in this regardless of what happens. Going to give it my all next year to try to keep the dream alive. Thanks for coming along for the ride ✌️

This will likely be the last year of damus. Will try my best to make this thing sustainable, but nostr clients don’t make money and I once funding runs dry its over as I can only burn saving for so long. Glad I was able to help play a small part in this regardless of what happens. Going to give it my all next year to try to keep the dream alive. Thanks for coming along for the ride ✌️

I think that monetizing some functions is not the problem.

I think the problem is the little growth of users that exists to maintain a project as impressive as Damus.

Perhaps this 2024 should focus on making Nostr more visible, it is too good but little known.

Es muy posible ya que cada generación ha tomado lo bueno y lo conveniente para sobrevivir, y ahora que existe Bitcoin se puede ir creado el mejor factor de confianza, queda de cada uno de nosotros transmitir ese conocimiento 👌🏻

How’s the post-Christmas recovery going?

Feliz Navidad 🎄 para todos

Y Feliz cumpleaños para mí 🎂

Se les quiere comunidad NOSTR 🤍⚡

Seguimos

#Nostr #Hispano #Venezuela #España #Argentina #ElSalvador

Merry Christmas friend 💝

Happy Birthday god bless you 🎂

Feliz navidad 🎄 bro

Feliz cumple amigo!!! Pásala lindo!!

Woooow feliz vida!!🥂✨

Feliz cumpleaños!

Feliz Navidad !!

A menos de una hora para mi cumpleaños 🎂😊

#Nostr #Hispano

Ponche crema 😁👍

Bueno pa fin de año si esté con algo de familia 👍