Colin on Warpcast

Colin pfp

https://warpcast.com/jayme/0x3ebb8f Thinking about adding a reward fee to Paragraph mints. Here are two ideas. Any thoughts or suggestions?

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Colin pfp

Tagging folks that may be interested in providing feedback: @danicaswanson @yb @digitalgyoza @chriscocreated @thumbsup.eth @mrwildenfree @arjantupan

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jacob pfp

You should utilize Zora for this. And articles are minted on Zora Network too. Would love to feature articles on the homepage if you do this!

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kagami 🎩 pfp

might be out of scope for this brainstorm, but would be interesting if a fee was shared with the referrer. ex: if you share a piece i write on paragraph, a portion of the fee is shared with you. reason: rewarding curators. downside is bots just spamming and sharing content

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ccarella pfp

I like the second one better but I would keep it simple and divide it evenly amongst all subscribers. That said I like what Zora does even better. If its a free mint the creator gets a reward, the mint platform gets a reward and the referrer gets a reward. If its paid, no rewards are distributed.

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Mr. Wildenfree 🐺🍵🎵 pfp

Mr. Wildenfree 🐺🍵🎵

I am intrigued, but I also mirror concerns on the downsides to the model, favoring the most popular. Perhaps lessen the impact on upcoming writers by splitting the reward pool of most popular across niches? (based on tags maybe). It’d also be dope for a referral reward that gives rewards to members for sharing.

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Ali pfp

I like both the ideas, specially the second one, but I think you need to fit in the incentives for Creators in there as well.

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Arjan✒️ That Poetry Guy 🎩 pfp

Arjan✒️ That Poetry Guy 🎩

Interesting idea. I'm very much against accruing it and distributing to top pubs. It sounds like the Medium Partner Program. It will lead to a lot of trash content that is only created to gain eyes and get most out of the common pot. I do love the second idea, though.

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ravi 🎩 pfp

this is awesome - would rev sharing with subscribers classify the NFT as a security down the line?

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Daniel Lombraña pfp

Daniel Lombraña

Love the approach, but as a really tiny creator I usually find that this retroactive things usually favor the big players and dismisses the small ones. It has happened to me with Zora as well with mint.fun.

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Vishal Kankani pfp

Good thinking. You correctly identified issues with 1. On 2, beware of bots.

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Kyle McCollom pfp

This is AWESOME. The fees should go directly to the related creator, not across creators. They are the one driving value. They should get that value. If you distribute to subscribers, it'll get farmed to hell, you'll feel like you have PMF, but you won't. Highly distracting if you want to be long term.

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wartime art hoe pfp

wartime art hoe

i think you have to favour paying creators tho

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Tayyab - d/acc pfp

Quadratic funding? Meaning definitely aggregate but don’t do power law returns

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Corbin Page 👑🎩 pfp

Corbin Page 👑🎩

Love this idea! 🙌 I’d do both and call them “seasons” so you can get data on what folks vibe with the most, before setting longer term. 👍

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Mark Fishman pfp

what if fees went to a treasury controlled by a DAO of your subscribers 🥵

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iSpeakNerd pfp

@ispeaknerd.eth

Fan of option 2, don't think we need to create another system that snowballs rewards to the large accounts. Interested to see what the secondaries think of individual subscribe NFTs vs original subscriber. cc @danicaswanson @yb

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wartime art hoe pfp

wartime art hoe

if you want to drive growth this is probably one of the best ways (conceptually), but then you run into the top 10% of creators earn 80% of the available funds problem

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tian7 pfp

For the second option it seems paragraph is trying to help writers acquire audiences. In fact I think it can be a tool for writers. It means the rewards are sent to writers and they can decide how to use it. They may distribute it to their most royal subscribers

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