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As the digital media world continues towards free (journalism first, and more recently musicians releasing their music for free) we need a new way to reward or
by jwomers 12y ago
As the digital media world continues towards free (journalism first, and more recently musicians releasing their music for free) we need a new way to reward or compensate creators.
My startup, Huzza - http://huzza.io http://huzza.io - is doing just that. It's an app that lets you tip any song or artist in the world from your phone. We like to call it pay-as-you-love, and we think it's the future of music.
- hobo_mark 12y agoI like that, but how can you send tips as low as 50 cents (as one screenshot says) without losing it all to the payment processor (and not the musician)?
- jwomers 12y agoThanks! Two ways: 1) The default currency is Bitcoin, so fees are so low we can achieve this. 2) With both Bitcoin and Credit Cards, we have a topup model where you topup with, say, $3, and then can send many tips until your balance runs out. This way we amortize the fees over 6 tips instead of 1
- yaur 12y agoYou are collecting money on other people's behalf with no way to actually get it to them? That's kind of messed up/evil (see tip4commit and readability for example). Opt out models are hard to get right... Tips empirically don't work and Patreon is (more than anything) a reaction to that. Its not perfect but IMO a huge step in the right direction.