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fournier 🎩🔵🦄 pfp
fournier 🎩🔵🦄
@foreign
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)
@ted
cc @wanderloots.eth @markfishman @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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Danica Swanson
@danicaswanson
Thanks for the tag. These are *really* hard problems. I think about them every day. Others who may be interested in reading this thread: @abundance @eirrann.eth @y0b @bradq @mrmemes.eth I think philanthropy will play a part in supporting writers long term. I like the "club goods" idea @trigs mentioned, and @matthewb's idea of creators-in-residence (mentioned elsewhere). But philanthropy isn't well developed in crypto yet. More experiments, please! I agree with @markfishman and @rileybeans that the most realistic approach is to monetize something other than the writing. As Leigh Stein wrote: "What work do I have to do to get paid, in order to do the work that pays nothing?" However, that adds additional labor on top of work that's already quite demanding, so it increases the risk of burnout. I'll link a thread below that outlines my thinking on this. @tombeck.eth also wrote a great piece I keep returning to. https://warpcast.com/danicaswanson/0xc294f6a5 https://paragraph.xyz/@driftless/curator-economy
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bradq
@bradq
Good convo, thx for the tag. I think I have a different perspective than most. Writing is an important tool in my IRL work, but for 3 yrs in web3 'monetizing my writing' isn't a really a goal or concern of mine. My goal in anything is to help 'tell the story better.' So, whatever I would 'monetize' would be my gifts in doing that for people or projects. I've made money in some writing contests. But I think we are so early, I haven't expected writing to be monetized in & of itself. I don't expect that a deep dive I do on paragraph or my feed of casts would be ready to be monetized, but it may be a calling card to have a project founder realize he/she need me to help tell their story. I don't have a project. My project is Farcaster. I like trying to help tell the Farcaster story better. But I'm doing it because I feel like it's my place here, at least in this season. That may not help much, but maybe it broadens the perspective on the topic. cc: @foreign @ted
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