Reid DeRamus
@reidtandy
How can we help writers earn meaningful, reliable income? Open edition NFTs haven’t quite gotten us there, so we have to find a better solution. We wrote a couple posts on why we think coins may be a better model (part 1 below) — we'd love to hear what you think. https://paragraph.com/@reidtandy/rethinking-how-writers-get-paid
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Michael of St. Joseph 🔏
@michaelofstjoe
The problem I have with the NFT model is it doesn't feel like it leans into the strengths of the *text*. It feels more like an obligation to create a visually artistic header to make your article worthwhile. The AI generated ones help with this I guess, but it still doesn't emphasize the written word. I'm not sure coins will fix this problem either. I think it would be cool if people could pay to highlight/underline certain sections of text, or "own" parts of the article itself. While reading someone could hover over the section and see who bought that part of the article. The article then becomes tied with the purchaser, the author profits, and it serves to promote an excerpt the purchaser found most valuable. This also keeps the writing free and open for everyone without additional paywalls.
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Colin
@colin
We actually had this feature for a while; we called it collectible highlights: https://paragraph.com/@blog/collectibles I've always really, really liked this idea. With the recent redesign/rebrand launch, we never re-launched it, but perhaps we can explore what it would look like in the context of better economics.
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