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50 sats \ 4 replies \ @03fc104889 OP 12 Sep 2022 \ parent \ on: Satsoverflow - earn bitcoin for answering questions bitcoin
Interesting. I wonder how did you plan to involve lightning payments? I experimented with a few different monetization ideas before settling on the current idea.
What do you mean by "custodial service"? Does that mean the user deposits funds ahead of time?
What other monetization ideas did you consider and why did you rule them out?
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I also considered doing a bounty. The person who asks the question will pay the bounty as a deposit when they post the question.
Then they have 24 hours or 1 week to choose one of the answers to receive the bounty. If they don't choose any answer, the app will keep the bounty.
I am probably going to add this to the existing app, but I wanted to make the pay-for-answers the central feature.
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Question asker posts a bounty. Some algorithm decides which answer(s) receives the bounty. But that seems really hard, which is why I'm moving on to a different idea.
My new idea revolves around making it so only a targeted influencer (e.g. twitter handle) can answer and claim the bounty. The bounty can be increased by the question asker or other people.
When I say custodial yes I mean deposit ahead of time, like what stacker or vida.page has.
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I consider the app to be custodial as it is, because all of the user earnings are stored in the app wallet, and have to be withdrawn by the user.
But I decided to not use deposit-ahead-of-time, because that seems like an extra step for the user, and I want to make it easy for people to get started with low barrier to entry.
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