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21 sats \ 10 replies \ @Undisciplined 16h \ parent \ on: My Two Sats Proposal for SN Growth meta
Eventually, we’ll have subterritories, which could have lower fees.
You have to think about what the fees do. Even when they were 100k per month, it wasn’t clear that SN could be supported with that revenue. At 10k, it’s preposterous.
I get your point. My growth plan is about how to increase User activity on SN, not the revenue for SN. Reddit is still not sure about profit with millions of users. Not comparing but it gives support to my proposal.
And it's also true that SN can only be supported if it has more users, more content and more activity. All in all I mean why not just give it a try and see for a few months if that makes some difference.
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Stacker News needs to be able to financially support itself. If they stick to raising revenue solely from territory fees, then they should use parameters that are plausibly going to work and let the rest evolve around that.
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What do you prefer?
A1000 people paying/Zapping/posting/comenting in ~econ or 10 to 20 only? I'd definitely put my my more faith in somthing that's been zapped by 1000 be it with 1 sat than by one person. I'd love to see SN evolve into a pay-to-post social media than remaining open for "Botcoiners only".
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I have no reason to think those are the options. I've experimented with much lower posting fees and some territories still have low posting fees and no one is getting that kind of engagement.
In fact, posting frequency didn't decline dramatically as fees rose from 1 to 10 to the variety we have today.
In spirit, though, I think higher fees increase signal quality and decrease signal quantity, so finding a balance is important. Prices have to coordinate many competing interests, which is why there aren't obvious one-size-fits all solutions to these problems.
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I think terms like quality, v4v are over exaggerated on SN. It seems like that SN is closed for those who aren't serious or fun loving or just casual reader, or younger age groups, where are they? Why can't I see them?
What I want that SN should be accessible and be the interest of more and more people. The one way to achieve it is with more quantity of content (something for everyone).
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I don't disagree with wanting it to be accessible. I think there are ways to do this that are compatible with a viable business model though.
There's no viable business model without users who are willing to zap content. At present, the problem is that fringe posts don't generate enough zaps for people to bother, not that there aren't enough fringe posts.
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Yes, I agree. And if the fees are low, there's not much to bother about if someone will zap it or not.
The discovery of content on SN is not personalised which definitely should be there. There's much on the front pages that I don't wanna see but I have to. Definity there are many issues but nothing is as important as having more users on SN.
When I joined on SN, I did not zap too much for a few days, it was something very new to me, but then I learnt the importance of Zapping. It's not that we need to teach the folks how much to zap but we just need to expect that they start believing that 1 Sat = 1 Like.
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And if the fees are low, there's not much to bother about if someone will zap it or not.
That's not true. Time and effort are the majority of the costs of posting. Fees are trivial. Putting a lot of effort into a post that only gets a few hundred sats kind of stinks, whether it's in a territory charging 100 sats or one charging 10.
I totally agree about needing personalized discovery, which we had before and presumably will have again.
I also agree that people pick up the habit of zapping. It takes a little time to learn that good zapping will come back around and you won't empty your wallet.