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Jonny Mack
@nonlinear.eth
womp womp pour one out for permissionless composability. gg @colin https://warpcast.com/wanderloots.eth/0xcf4ad939
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androidsixteen
@androidsixteen.eth
Why did you decide to sunset this feature @colin?
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Jonny Mack
@nonlinear.eth
probably because hypersub competes with their current approach to monetization
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androidsixteen
@androidsixteen.eth
But why are these primitives (subscriptions vs. JIT payments via mint) mutually exclusive? Ideally creators would be able to use whatever economic tools they need in the moment If it’s a matter of rev share, could hypersub pay some bps to the point of origination (ie. Paragraph in this case)?
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Colin
@colin
That’s what we’d like to work towards - creators would be able to publish anywhere (not necessarily on Paragraph) and use any monetization levers they want. The approach we took so far to memberships & gating did not allow that nor had this future in mind - it had high maintenance burden, we forced Stripe for recurring fiat so a lot of it was offchain, the gating features were half baked (didn’t allow minting the actual tokens used), etc. So, we’re going to focus on what’s worked well so far on Paragraph & Mirror while making steps towards this future with composability baked in by default
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Callum Wanderloots ✨
@wanderloots.eth
Couldn’t you remove paragraph memberships but keep the token gating infra? It seems as though, as has been said, these are not mutually exclusive, and imo, damages paragraph’s value prop as a web3 platform. Pay to read is not new, it’s the standard for all web2 publishing. What was different was the ability to selectively choose what constituted sufficient payment to read
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Colin
@colin
Lack of focus is the death knell of startups. We tried over the past 2 years to make gating successful but composability has not been a compelling enough reason to make the switch from incumbents with entrenched network effects. > Pay to read is not new, it’s the standard for all web2 publishing Exactly - this is why we’re much more excited about exploring _net new_ ways to reward creating & distributing quality writing instead of pay to read. There’s a good chance we’ll bring back gating and memberships at some point (likely built on hypersub directly), but until we merge Paragraph + Mirror, we need to be more focused.
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