264 sats \ 4 replies \ @grayruby 26 Jul \ on: Secret Sauce of SN’s Success meta
I am not sure SN has succeeded yet. Certainly proven a value for value model for content sharing can work and people will pay to run territories. After paying out rewards for the month I don’t think SN has much left. They are definitely not profitable yet.
write
preview
40 sats \ 1 reply \ @Satosora 26 Jul
What? It has to be profitable, since they are able to pay the core group, right?
reply
0 sats \ 0 replies \ @grayruby 26 Jul
No, they raised venture funding a couple years ago.
#44287
reply
20 sats \ 1 reply \ @cryotosensei OP 10 Aug
What can we do to make SN profitable, if I’m not in the position of running a territory? Will donating to the rewards pool help?
@koob
reply
0 sats \ 0 replies \ @grayruby 10 Aug
Ideally eventually the daily rewards pool would be sponsored and SN would keep the fees and the territory fees and the sponsored rewards would go back to the stackers. That seems logical to me unless you want ads all over the site.
reply