Reid DeRamus
@reidtandy
Been thinking about what drives people to support creative work โ not just for access, but to support, express themselves, or feel part of something. If we want onchain products to truly grow the economy around creative work, we need to move beyond speculation and tap into deeper motivations. Some thoughts on the search for something better below. Would love to hear your feedback! https://paragraph.com/@reidtandy/why-will-readers-buy-coins
13 replies
7 recasts
35 reactions
limone.eth ๐
@limone.eth
loved your article, really insightful, specially given your previous experiences at substack and crunchyroll "coins could offer a much stronger signal layer than paid subscriptions. When someone buys a coin because a post or writer resonated with them, that purchase becomes more than support โ it becomes a visible marker of value in the marketplace of ideas and media, something paid subscriptions canโt do." this sentence really resonated, and i'm v curious to see how all of this will play out
1 reply
0 recast
2 reactions
Reid DeRamus
@reidtandy
Thank you, really appreciate the feedback & love that this resonated. I love the quote you pulled. We've been thinking about two big vectors: 1) How could we add a unique spin on paid subscriptions for full-time writers? 2) How could we provide a better home for folks that want to write ~4 posts per year, but have those ideas valued? The first is more like the Substack writer persona, the second more like the Medium writer persona. For the first, the signal value (and opportunity to earn yield) of a coin purchase feels like it could actually compete a bit with the utility of paid subscriptions. Thanks again! ๐
0 reply
0 recast
1 reaction