The only real attempt at monetisation that I’ve seen is https://beetoons.tv/, but they use their own crypto - making it like Odysee. Why is that?
Edit: Please, before you answer consider this monetisation doesn’t mean ads!
The only real attempt at monetisation that I’ve seen is https://beetoons.tv/, but they use their own crypto - making it like Odysee. Why is that?
Edit: Please, before you answer consider this monetisation doesn’t mean ads!
Go take a look at all Mastodon instances that ask for donations to keep running: you will see that all of them get at most 2% of their user base to donate. No donation-based instance is big enough that it can afford to pay FTE salaries for moderation and/or administration. And this is for something that affects people directly when they don’t contribute.
Go take a look at some youtubers in the “1M-10M” subscriber range that have a Patreon. You will see that the most of them manage to convert 0.5% to 0.8% of their subscribers into direct contributors.
The open web (ActivityPub sans Facebook) is now at ~1 million active users. Even if we got 2% of these users to contribute $5/month to different creators, we are talking about a “Total Addressable Market” of $100k/month. Even with “best case” numbers, it is just too low to be attractive to a substantial number of creators. Compare with Youtube: it’s estimated that they paid out around 7 billion USD to all its creators in 2023.