10 sats \ 5 replies \ @Undisciplined 15 Mar \ parent \ on: My Bitcoin Wild West Startup Day Panel Notes builders
Long term, who is that, other than advertisers?
Oh I see. I don't know yet. I have a variety of speculative thoughts but neither of us would be satisfied by that. If we can figure out how to make territories profitable, then make them something much more than just a forum, I suspect that's one source.
I'm hoping we don't ever have to solely rely on any single source of revenue and I refuse to let it be advertisers because there's too much evidence that ends poorly.
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Yeah, that's it. Your team is pulling a stream out, so what's refilling the pool?
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Great question that I haven't thought about enough obviously. @kr has brought this up in a variety of ways though.
I like the Shopify analogy for territories in the sense that it's the clearest SaaS product. The analogy isn't perfect for us, but what refills their pool? I struggle to answer. Consumers buying from Shopify stores?
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I imagine it will depend on the territory to some degree.
Some territories host contests with entry fees, so if people want to participate they may have to make a deposit.
Some people will be willing to pay to post content or pay for territories that direct readers to another site.
Maybe now that you have other wallets connected, people will just pay to zap the content they like without thinking much about their net inflows and outflows.
Edit: ultimately, putting it on territories to figure out how to be profitable will allow a bunch of different solutions to emerge.
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