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quick update on my charts experiment
in just 4 days, ~charts is already the leading territory on SN by revenue this week. it’s on pace for roughly 10,000 sats of revenue this week, which is about 43,000 sats of revenue extrapolated over a month.
it still needs a 2-3x jump in daily revenue to get to the point of profitability, but i’m optimistic. raising the post costs to 210 sats doesn’t seem to be limiting contributions (it incentivizes quality), and provides valuable revenue for the territory.
of course, since i’m returning all sats from the territory back to stackers, i’m guaranteed to lose money for now but it will be interesting to see how quickly revenue can grow with my current strategy.
Great work and congrats on the superduper start! I think most of it is driven by the reward you promised in your announcement
so, from now on i’m going to pay all of the sats i stack on SN back to the top posters and commenters on the ~charts territory every day.
It's nice to see how experimenting drive growth anyhow :)
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I had totally forgotten about that promise in the territory announcement. Now I understand one of the reasons for this meteoric rise 🤠 I've made like 20% of the posts here, lol. I'm already loving it! A picture's worth a thousand words, right?
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And here I was thinking people just really loved charts.
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99 sats \ 0 replies \ @kr 22 Feb
yeah for sure, first step is seeing if i can get this to 100k sats of revenue and this should help.
maybe once it’s there, i’ll reserve a cut of marginal revenue over 100k sats to fund the monthly territory fees.
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i’m guaranteed to lose money for now
😂
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