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RE: In today's news: Paywalls Are Everywhere

in #news7 years ago (edited)

The ad model failed. The world now needs to find a way to fund web content. I suspect that the subscription model will fail too. The cost of collecting money for subscriptions is too high.

IMHO, the real potential of crypto-currency is that it allows for both a combination of micropayments and curation. So, while the posts on Steemit tend to be a bit silly. The funding model is fascinating.

(I just realized. This is the very first article I've come across that I think is worth re-steeming.)

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Thanks @yintercept, that means a lot!

The model I am most optimistic/excited about is being worked on by the Brave browser. Apparently you can spend a set dollar amount each month and designate a percentage that will go to each or your favorite sites/content creators. I would be willing to spend a set amount to support all my favorites at once, but the whole separate subscription/Patreon model just make me hesistant to spend any money at all.

Interesting browser. It has a built in ad blocker so it automatically destroys the revenue source of sites funded by ads. That's bad news for a lot of sites. How does it handle affiliate ads? Some "adblockers" replace the id of the publisher with their id. That way the adblock (also known as a criminal syndicate) gets money for sales from the site.

Yeah I think there is a provision for that in there - Brave affiliates ads. But they are promising to be transparent about it and provide the ability to opt out, so there’s that.

My plans are to just use the browser for the creators who are on the platform and continue to use chrome with no ad block for the rest.

Their site says they are using Townsquare Media to create their ad model. I had started researching Townsquare Media . They and their owners Oaktree Capital Management is a dot-bomb style company that has been trying to create local media monopolies. The ad side of the business sounds a bit sketchy to me.

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