Oddbean

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 Zapping a few sats on NOSTR or donating to your favorite podcast on Fountain are very cool technical achievements.

But those few cents are not enough for the creator to make a living.

Maybe it works for the biggest voices on NOSTR, but the rest of us are still dependent on ads and sponsors.

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 Can we normalize larger zaps? I have my Fountain set at 50 zpm but if folks determined what the fair rate was, I would gladly adjust upward.

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 Just theorising: what rate would be needed to fully depend on zaps only?

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 Let’s make it easy and leave any taxes out of the calculation and take a monthly income of EUR 3.000 as our baseline.   This means:
- 10.000 donations of 30 cents.
- 1.000 donations of EUR 3
- 100 donations of EUR 30

I think the out of 100 listeners, only 1 to 5 donate (my experience in my own podcast). Let’s take the upper bound of 5 for this example. So for every listener that donates, you have 19 that don’t donate. This means to get to 1.000 donations of EUR 3, you need a total crowd of 20.000 listeners.   There are not that many bitcoin podcasts that get to that level. And the point is, once you get to that level you can easily get ads for EUR 1.000 per episode (CPM of EUR 50). If you make 4 episodes a week this means you get EUR 4.000 a month.

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 It seems like you did this math before 🤣, I am just starting with fountain and is a great way to start directly valuating content. For me it is part the accustomerzation with free content, the unknowns with zapping and all in all unconsciousness of the possibilities that keep me where I am. Anyway, great podcast you're making!

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 Also I seem to be unable to boost your podcast through fountain. Am I missing something here?

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 I was thinking the other day that I would be willing to let Stitch Fix show me ads in return for 1000 sats per day.

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 I am sure that some creators will figure out how to get as many zaps as possible.

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 Normalcy at these levels will translate to significantly more value in 12-24mo?
Dunno... but its interesting to think if you had big X like  follwing what that woiod translate to if they all zapped 100sats...

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 Yeah, if they all did that it would be really profitable. But they don’t.

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 as the network grows, your net worth grows. keep going

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 As a creator, you know from the start that building something valuable requires time and money. It’s a choice you make.

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 Same goes for getting sponsors and ads, that’s not my point.

The point is that when you get critical mass, ads and sponsors are way more profitable than donations.

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 wie het kleine niet  deerd.... is het grote niet  weerd... goeten uit zeeland...