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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BrightFutureGuy 🎩↑Ⓜ️
@bfg
So hard topic to comment on - have some strong opinions about writing and creator economy in general - but for me paragraph's main proposition always was (and I believe should be for everyone) proof-of-origin. Basically future-proofing my writing for the future when everyone can write the same quality thing with AI help. (mint on publish 😉 ) That's what should be at the heart of it. Parghrp can't outperform web2 platforms in features, cross-promotions, network effects - not now, not for a long time. You have to lean into what matters to you as a team and to writers. Whether it's subscription, NFTs, or coins is pretty irrelevant. even though - publications coin is cool idea, but so is Donate $5 button. Again, I won't make more money with coins or NFTs compared similar efforts elsewhere.There are easy ways to get paid already, crypto and coins only make it more complicated. It's not that every writing is valuable, sometimes we just write for ourselves. Or we don't solve anyone's problem = 0 value
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Reid DeRamus
@reidtandy
Awesome feedback, thank you! Out of curiosity, how much would you pay each month or year for Paragraph as a provider of proof-of-origin? Do we already solve your problem, or what additional features would you like to see to further solve the proof-of-origin / future-proof problem?
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BrightFutureGuy 🎩↑Ⓜ️
@bfg
Good question 🤔 1/ you partly solve it with IPFS but I'd still like mint-on-publish option 2/ For me, if you'd automatically mint everything I publish onchain $20-$40/y would feel as well invested money (but from your perspective - individual mint fee might be safer option since some people publish a ton) And look, I'm not trying to say don't experiment, it's just that side-kick experiments will just exhaust your small team. You really need to focus things where - nobody will hate it, if you’ll do it right. (think Amazon - nobody ever complains about faster delivery, hence build many warehouses) Otherwise coins can have many fun use-cases, like “writer playlists/baskets” of essays which could be done with @basketdotfarm or similar tools, so I would have fun, but it would not move the needle for you
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