Arjan | That Poetry Guy on Warpcast

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fournier 🎩🔵🦄

any writers with grievances on how to better monetize your craft on here? I have a few ideas curious to hear what others think

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ted (not lasso)

cc @wanderloots.eth @mark @rileybeans who all have a good POV here also cc @reidtandy from Paragraph who thinks about this for a living

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Callum Wanderloots ✨

@wanderloots.eth

Yes! Many thoughts. Also will tag @danicaswanson and @trigs But in general, we need a better way to accrue value to high intensity work. Eg, a newsletter might take me 20 hours to research and 10-20 hours to write. Having a collect button for a few cents, only to have the post lost in the chaos steam, is not the way. We also need a way for referential rewards. Eg, someone quotes someone else, value should flow back to the original creator. I’ve also heard people suggest pay as you read. Eg maybe it costs $5 to read the whole article, but the payments happen in micro, paragraph by paragraph, automatically. Lots of options, but the key is to compensate the deep thinkers, who currently have to rely on subscription models (which are difficult to manage and time consuming)

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Monetizing writing is hard! Great ideas in here so far. I really like t2.world's ideas about rewarding attention time. The pay-as-you-read model is interesting. Just riffing on the idea: - fixed fee. Pay daily, weekly, or monthly. - sliding scale. Pay what you can afford. 0 is an option, maybe? With limitations? Maybe ads that "sponsor" the free tier readers? - like t2, time spent reading is tracked so you have data around how much each user has valued different writers. - each pay interval people's collected fees are distributed based on how their reading was distributed among different writers.

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Arjan | That Poetry Guy

The idea sounds great. However, Medium did something like this as well, and it quickly became a race to the bottom, where the posts with the most clickbaity content were winning the attention battle. So, provisions will have to be made to prevent that. I quit Medium because of the effect this had: I felt that attracting reading time would keep my friends from earning their share of the leftovers as well.

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