there are now 9 channels using @hypersub for recurring revenue and community engagement

in the past 2 weeks:
- 828 total paying subscribers
- 3.9 ETH total channel revenue (~$14,400)
- 1.05 ETH total subscriber earnings (~$3,900)

big things have small beginnings✨

👏🙌🔥🚀

When I subscribe for say 12 months:
- am I prepaying the entire subscription amount & hoping the creator keeps promises?
- does the creator get access to all those funds right away? 
- what’s the breakdown on fees & timing

Been yolo’n😆
Link to deets (lazy)🙏

Ethereum builder & people connector. @juicebox revnet.eth.sucks defifa.net d33m.com

1) yes
2) yes
3) 4% goes to hypersub, rest gets split based on subscriber/referral reward settings as configured by the creator

Super helpful. Appreciate the response. 

Is it fair to say the revenue isn’t recurring? This is the part that confuses me. 

ie it’s more like deferred revenue ie a liability to the creator

it is recurring because in order to maintain whatever perks and benefits the channel owner is providing, you have to continue putting money in the contract (minting time on the hypersub nft)

the difference compared to a web2 sub is that this isn't (yet) automated on a monthly recurring basis. will be soon tho

Ahh Ty

Relatedish When neynar’s recurring charge hit my wallet it freaked me out & I unsubscribed. Should have used diff wallet & preloaded it & paid more attention at check out to the allowances

Preload ux isn’t great either🤔

Looking fwd to seeing why hs comes up with on this front. 🔥🚀
 
Seeing a stack