Explain Stacker News Business Model \ stacker news ~bitcoin

1719 sats \ 44 comments \ @justBrian 21 Sep 2023 bitcoin

Hello, Curious how stacker.news sustains itself. Does it take a few sats from every zap ? Any posts or links where i could read about when sats are paid out, when they are collected ?

I love stacker news and am curious how it is sustainable or plans to be a sustaining business model, thank you.

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427 sats \ 38 replies \ @grayruby 21 Sep 2023

Fees from zaps, fees from promoted posts, fees from job postings. Some of fees goes to SN, some goes back into rewards pool.

1211 sats \ 29 replies \ @k00b 21 Sep 2023

These are potential sources of revenue but 100% of it goes to the reward pool currently.

531 sats \ 21 replies \ @grayruby 21 Sep 2023

Interesting. I thought you guys kept a portion. Why don't you use SN account to host saloon daily and we can all zap it as donations to SN in appreciation for the work you guys are doing? I know you guys have your angel funding but I am sure the community would like to contribute to the sustainability and success of the site.

1515 sats \ 20 replies \ @k00b 21 Sep 2023

I know you all are amazing and would donate, but if this thing is going to have the life we all want it to, we to make money beyond donations so that's a higher priority.

The best way anyone can contribute to SN is to be a great stacker - supportive, thoughtful, helpful, and generous to other stackers.

11.7k sats \ 13 replies \ @nemo 21 Sep 2023

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853 sats \ 2 replies \ @carlosfandango 21 Sep 2023

Ok - I hear it.

Satattack reactivate!

I always wondered what Captain Nemo was like on shore leave? Now I think we know… ‘generous’ is probably the word.

887 sats \ 1 reply \ @grayruby 21 Sep 2023

Nemobomber, satattack. Loving the new SN terminology.

596 sats \ 0 replies \ @carlosfandango 21 Sep 2023

I guess it shows that the traditional world and it’s incentives don’t have names for what these types of interaction are. New language required..

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185 sats \ 0 replies \ @nemo 21 Sep 2023

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21 sats \ 6 replies \ @DarthCoin 21 Sep 2023

okok man, you can be generous with all other stackers, just don't throw too many sats on me. For upvoting and stuff like that is ok. Don't get me wrong, is good to give sats, only that I think sometimes I don't deserve them.

21 sats \ 5 replies \ @nemo 21 Sep 2023

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11 sats \ 4 replies \ @DarthCoin 21 Sep 2023

Thanks. Fun fact: do you know that the darthcoin exist? But is only ONE in existence, cannot be divisible or transmitted. Is only mine. And it exist only on the Mustafar planet (Darth's planet). The perfect scarcity, right? 😂😂😂😂

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10 sats \ 1 reply \ @grayruby 21 Sep 2023

10k zap. Looks like the nemobomber got bombed.

Fully endorse the nickname by the way.

10 sats \ 0 replies \ @nemo 21 Sep 2023

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967 sats \ 1 reply \ @NeuroNinja 21 Sep 2023

SN has just amazing interface, minimal and dark. This is my first week here on SN and already found this platform surprisingly useful @k00b. I was struggling with my questions since last 2-3 years and wanted some help and guidance. I never got the courage to speak out in any Twitter comment spaces, Nostr client posts, Youtube comments, even on Reddit.

Your SAT bounties gave me a motivation to speak up and surprisingly my voice is heard here. I can feel SN can be my virtual Bitcoin buddy since I'm starting all alone without anyone to show me path. THANKS TO YOU and TEAM for making this such an amazing platform. :)

20 sats \ 0 replies \ @nemo 21 Sep 2023

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251 sats \ 3 replies \ @grayruby 21 Sep 2023

Understandable. I am not going to force donations upon you. Or am I? (muahahahaha)

SN satsraiser @siggy47?

62 sats \ 2 replies \ @k00b 21 Sep 2023

😂 give 'em to Open Sats or dump in the rewards everyday

116 sats \ 1 reply \ @grayruby 21 Sep 2023

I was thinking Open Sats was a potential option for the next one so maybe.

444 sats \ 0 replies \ @siggy47 21 Sep 2023

Good possibility. @k00b pointed out that only a small percentage of us zap each other. I have enough confidence in him to figure out the business plan. Our role is to zap the hell out of each other and get new accounts to realize that hoarding your stack will ultimately limit your ability to earn here. Nemo really shook up my perspective in a short period of time. Go big or go home. And you started it all. Then Darth out of nowhere gets people zapping each other worldwide. I think we're on to something.

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20 sats \ 6 replies \ @fm 21 Sep 2023

so, how do you guys make money ?

419 sats \ 1 reply \ @nemo 21 Sep 2023

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74 sats \ 0 replies \ @fm 21 Sep 2023

that makes sense.

469 sats \ 3 replies \ @k00b 21 Sep 2023

We don't. We are burning VC money to keep ourselves warm at night.

We have ideas on how we eventually do make money but they're just ideas and need to be validated.

105 sats \ 2 replies \ @fm 21 Sep 2023

Guess most of us here hope that you guys can turn those ideas into more btc. Keep up the good work

345 sats \ 0 replies \ @k00b 21 Sep 2023

I'm very optimistic we will!

52 sats \ 0 replies \ @grayruby 21 Sep 2023

They will. There are a lot of potential avenues. Feasibly they could make the site non profit but the brand itself the profit centre.

265 sats \ 6 replies \ @justBrian OP 21 Sep 2023

So glad they opted to build out a website too and not some app.

21 sats \ 4 replies \ @ek 21 Sep 2023

The "too" is confusing me.

SN started as a website and now it also has a PWA which is still a website (same code base) just in a more native look.

Am I misunderstanding you?

97 sats \ 3 replies \ @justBrian OP 21 Sep 2023

Ya, id not read into the too...cant really remember why i have it there. Made sense at the time 😅

10 sats \ 2 replies \ @ek 21 Sep 2023

haha, I see, happens :)

0 sats \ 1 reply \ @grayruby 21 Sep 2023

tough break in the survivor pool this week. Are you buying back in or moving onto other things Satoshi style?

10 sats \ 0 replies \ @ek 21 Sep 2023

oooh, thanks for the reminder, i forgot!

10 sats \ 0 replies \ @grayruby 21 Sep 2023

I like this too. Too many apps but SN stands out in my attention space because it is one of the core things I do on my laptop now.