We started charging 10¢ to post content on our social network. Our users didn’t leave. In fact, they are posting more than ever, and the quality of content has improved. Our experiment seems to be working. People are willing to pay to post content.
Neat concept (and good domain), but your top post has $2.28. The entire site has 20 new posts ($2?) over the last 24 hours. You don't gotta exaggerate to sell, it just makes me less inclined to trust you and your service.
Seems to be competing roughly with Steem. These services have a problem where the initial adopters are Bitcoin users or fanatical unpopular views (voat), which biases and ruins the community early. Interested to see if this avoids it.
Also, does anyone know what kind of regulatory upkeep a project like this requires? If a site like this operates with multiple currencies, it's essentially an exchange and probably has to register as such (they've outsourced this). However, if it just keeps user balances (not really a bank, but similar), does it have to register with any particular authorities?
edit: your site allows a blank password, the title is "Yours | undefined" on profile pages and the menu controls to the left of the message input are very unintuitive. How do they work? Also, the profile ids are from hell:
Thanks for your great comments. We launched the beta only three weeks ago so it is definitely rough around the edges :) Fixing issues as fast as we can.
> Also, does anyone know what kind of regulatory upkeep a project like this requires? If a site like this operates with multiple currencies, it's essentially an exchange and probably has to register as such (they've outsourced this). However, if it just keeps user balances (not really a bank, but similar), does it have to register with any particular authorities?
We have discussed with lawyers and are sure to stay inside the law. Because all payments are p2p and we are not a custodian, the regulatory burden for us is a lot lower than many other similar projects.
> edit: your site allows a blank password, the title is "Yours | undefined" on profile pages and the menu controls to the left of the message input are very unintuitive. How do they work? Also, the profile ids are from hell:
Will fix soon. These things are already on our issues list :)
So if every payment is p2p does that mean every transaction in yours is a bitcoin cash transaction? Are those cheap enough? I don't know much about bitcoin cash.
Neat concept (and good domain), but your top post has $2.28. The entire site has 20 new posts ($2?) over the last 24 hours. You don't gotta exaggerate to sell, it just makes me less inclined to trust you and your service.
Seems to be competing roughly with Steem. These services have a problem where the initial adopters are Bitcoin users or fanatical unpopular views (voat), which biases and ruins the community early. Interested to see if this avoids it.
Also, does anyone know what kind of regulatory upkeep a project like this requires? If a site like this operates with multiple currencies, it's essentially an exchange and probably has to register as such (they've outsourced this). However, if it just keeps user balances (not really a bank, but similar), does it have to register with any particular authorities?
edit: your site allows a blank password, the title is "Yours | undefined" on profile pages and the menu controls to the left of the message input are very unintuitive. How do they work? Also, the profile ids are from hell:
/90b5a6c4bfb6530398c8c5aa27e2b60e3a4611ddb2184c366b7d3ad41f0e9f16/
Don't men to be too picky, it's just very rough around the edges.