Oddbean new post about login | logout No monetization strategy will beat a p2p version of nostr, that's what we need
P2P will never sustain. Ever. In any universe.
What do you actually mean? Are you not aware Bitcoin and BitTorrent are P2P or are you saying one thing when you mean another?
Well what do you mean by P2P. Sounds like you mean zaps. Zaps won't sustain a platform.
I'm thinking of basically making it so every user device is a relay as long as they're online. But it would need changes to the nostr protocol for that to work
This is good at a decentralization level and structure. I agree and thought the same. Don't think it needs any changes. We just need a simple to install personal relay authenticated by nsec or npub. But I'm talking monetization. For all network stakeholders: -Clients -Relays -Creators -Followers
You might be right, maybe it would work if a client like amethyst just added a built-in relay. I wasn't thinking about monetization for creators. I've been thinking it will end up with individual sponsorship deals instead of in-app ads, but maybe nostr needs a NIP for in-app ads where every contributor gets paid for their posts, not just the ones with a lot of followers.
Yup that's one way for sure. Build the personal relay right into the client. Then disseminate the content out to aggregators on the network. 100%. On monetization. On social networks, people want REACH. That's all an ad is. It's a payment for REACH. To boost your content out into other people's feeds. That could be an advertiser. Could be a regular creator. Could even be a new user trying to turbocharge their initial growth. But these are the people who fund a network. We just need to structure a economic model where the other 3 (or even 4) stakeholders get a piece of this pie so they can survive and profit. No relay, client, or creator is surviving off monthly or voluntary direct payments. That's my only point.
I wonder how much revenue could be generated this way: Offer users, premium or otherwise, an option to permanently take an 8-or-more-characters Primal NIP-05 name, in exchange for opting in to an "inactive wallet share" where they keep their Primal wallet above a small minimum balance, and a small percentage of their wallet funds can be taken if both their npub and the wallet itself appear inactive for a period of 5-10 years. Allow the 8-character minimum to be shortened with an increasingly large one-time fee the shorter the name is; discount this fee for premium subscribers. Always warn opted-in users before they go below the minimum balance Never take the name away as long as the user has never ignored that warning - no increasing the minimum because they went below it, no taking the name away because the shared portion put them below it.
Accidentally hit "reply" while trying to edit - meant to say "no increasing the minimum so that they go below it."