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Dan Romero
@dwr.eth
We’re planning to launch a new, optional “Pro” protocol subscription 1. At launch, subscribers will have a Pro badge on their profile 2. Subscription will be onchain and part of the protocol. 100% of the proceeds go to casters / developers in weekly rewards. This in addition to the existing $25K+ a week in rewards. 3. Planning to add longer casts (10K characters) and up to 4 images per cast for pro subscribers (needs a protocol change). Additional features over time. 4. $120 a year / $10 a month Why are we doing this? - The protocol needs to find long-term revenue source that can continue fund caster and developer rewards beyond any one company. - We originally thought storage fees could be that, but we’ve realized that storage fees should be essentialy free to help growth. - So we’re trying an opt-in pro subscription as another model Why now? - Figuring out a long-term revenue model that works will allow us to double down on investing in growth
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Dan Romero
@dwr.eth
FAQ What if I don’t want to subscribe? - You don’t have to. It’s too expensive - The subscription is opt-in. We’re also hoping to make it easy to gift others partial subscriptions. We also think rewards will be a way for people to earn a pro subscription. Why not launch with the additional features? - Our goal is get an initial version out and iterate.
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Venkatesh Rao ☀️
@vgr
I like the idea but wish the feature set weren’t an uncritical clone of X. Longer casts are good but at 10k, you’re encouraging cannibalization of more thoughtfully composed longform. Just add a newsletter feature with a full editor and archival pub support if you want to go there. They can still be casts, but elevate it. Promote thoughtful writing not Bill Ackman type rants. If you must copy, copy substack, not X. I’d also recommend looking for at least 20% differentiated media experience that’s not related to the wallet. Probably something with AI. But again don’t copy grok style integration. It’s terrible. Maybe more like cursor etc? A “stream IDE”? Solve threading with AI? I mean, break some interesting new ground.
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jd 🌺
@jdl
the substack bit is directionally correct
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0dinthegr8.base.eth
@0din
i agree with you on that part... if you're to copy, go for substack and not X. substack is a really underrated app for learning. its layout and interface overall >>>>>
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