Great points. Rent-seeking is the framing I needed to hear.

What I wanted was for someone to have incentives to make the sub thrive (as you point out). I definitely don't want rent-seeking though. But I want to introduce novelty given we have digitally native currency easily flowing through this platform. I need more ideas around this.

One alternative is to have a group of users put up the 10k sats to start the sub, then 10k sats/month to keep it up, and that group of users paying that month gets the 50% split. That's just kind of complicated.

I guess any incentive structure needs: