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.

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

My suggestion:

- 1 coin, representing all the writer's paragraph posts on that blog.
- Keep the open editions for each post.
- Build in mutual benefit both ways, between the two types of tokens.
         (If many open editions get minted, coin-holders also benefit. If coin price goes up, open-edition holders also benefit)

This way people can buy what they like (open edition or coin), and each benefit from the success of both. And the artist can benefit from both open edition sales and LP positions on the coin.

collaboration /ottp +AI /luminous +creativity /arrow -> 1 story /luminary  Writing: https://paragraph.xyz/@nate collective venturing @venturetothex

Also could be cool for the launch of it, to get a bunch of writers to airdrop a % of their blog-coin to all the collectors of their writing so far.

Super interesting...

I love the idea of a coin at the writer / publication level.

Also love the idea of having some kind of tie-in w/ coins *and* NFTs (though I was thinking limited-edition NFTs for signaling & self-expression, which coins don't do as well off-the-shelf).

Thank you for the idea & feedback!