crypto. steemit is an example
Ask HN: How can you monetize a social media platform without ads?
11–14 of 14 posts
Re: Ask HN: How can you monetize a social media platform without ads?
#12i really don't see alternatives, since you must cover your costs, either charge time/attention of your users ( advertisement ) or money ( vip/premium features, paywall )... other possible option would be "charge computational resources" by ( openly ) runing some mining software on their machines.
Re: Ask HN: How can you monetize a social media platform without ads?
#13With digital goods users can buy. Reddit has already blazed the trail here with awards and reactions you can pay to add to a post or a comment.
You can make it completely optional and for the most part not upset users who don't buy them.
There is basically no upper threshold on how much you can charge. You want to have really cheap stuff too obviously. Something for everybody.
In gaming this trend of being able to buy cosmetic items has also been developing. In some games users pay hundreds of dollars for one cosmetic item.
Rather than counting on your own creativity to create the digital goods you can also create a marketplace for user created goods and then take a fee off the top.
You could do all this with crypto, or NFTs. There would be nothing wrong with doing it that way. But you could also just store that stuff in databases and it would work about as well for these purposes.
Re: Ask HN: How can you monetize a social media platform without ads?
#14With digital goods users can buy. Reddit has already blazed the trail here with awards and reactions you can pay to add to a post or a comment. You can make it completely optional and for the most part not upset users who don't buy them. There is basically no upper threshold on how much you can charge. You want to have really cheap stuff too obviously. Something for everybody. In gaming this trend of being able to bu…
You can up an Opensea storefront for the NFTs.
Opensea lets you collect a small percentage of NFT value when they are resold by someone who isn`t you.
I think other market places might let you do that too.