satotious

5 ms·

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by satotious 6y ago
The system has been built to track you in order to show you more relevant ads. Whilst micropayments wont solve every problem pointed out in the documentary, it will offer an alternative business model which doesn’t require pervasive trackin
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by satotious 6y ago
Yes that would work for them as they aggregate and pay publishers at the end of the month. Problem with that is Blendle needs to track what users are viewing. If something like that ever got big, it would have everyone's browsing histo
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by satotious 6y ago
The content is encrypted, users get the key when pay or view an ad. We dont host anything
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by satotious 6y ago
If you are trying to pay on the paywall: You will see a QR code if you click pay - you need a Lightning wallet to be able to scan it. Or, our browser extension acts as a wallet so makes it accessible for non-crypto users. It is very new and
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by satotious 6y ago
Yes I see where you are coming from but I dont think it matters for smaller purchases. You have $10 this month, maybe $10.25 next month, you want to read an article which costs $0.005, are you going to hold off for such a small amount?
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by satotious 6y ago
Id also like to add, maybe the reason there is so much clickbait/rubbish is because there isn't a viable business model for good quality content? How many subscriptions can people have?
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by satotious 6y ago
Yes, our initial target audience was users that most likely already had wallets so we didn't want to make it difficult for them to pay. We will be focusing more on UX for non-cyrpto users for the future. We actually hope that both reg
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by satotious 6y ago
No, we are focusing on paywalls for now. There are quite a few tipping systems using bitcoin lightning if you're interested
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by satotious 6y ago
Also, whilst the patreon style model has been successful for some, for most creators it simply isn't effective. Unfortunately, a tipping system just doesn't seem to work
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by satotious 6y ago
Well I would argue ads are micropayments, roughly an ad view is like $0.001. A model based around few users making macropayments, influencing the content that is produced, doesnt speak for everybody.
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by satotious 6y ago
The flow we are aiming for: users visit a site, they navigate a paywall and see the content is good. They add that domain to the auto-pay list. If it's clickbait, they dont. Hopefully by letting creators charge whatever amount they wan
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by satotious 6y ago
The problem with traditional payment methods like credit cards, visa, paypal etc is the transaction costs. You can't make a $0.01 payments unless you aggregate those. The problem with aggregation for us is the fact we would need to tra
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by satotious 6y ago
Yes, I believe theres a few startups(escher, lastbit, strike) working on converting lightning BTC <-> USD
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by satotious 6y ago
Thanks :) In terms of our difference with BAT, we are much simpler. Content creators set their price and users pay, we dont track the amount of time spent on a site, we dont make a browser, we haven't created our own coin. It takes 5mi
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by satotious 6y ago
Or micropayments :) I understand the aversion to ads but content creators(journalist, musicians, artists, programmers creating oss, etc) and the web as a whole produces useful stuff, it would be good to find a business model which supports
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by satotious 6y ago
Hi :D, thank you for the positive feedback. Hopefully this will incentivize people to host their own content and not rely on centralized platforms.
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by satotious 6y ago
Thank you so much! If you email us(ruby at satotious.com) your userID, we will credit it with a small amount of btc so you can test the extension auto-pay feature for free. So far we are getting 95% picking ads vs micropayments, I guess tha
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by satotious 6y ago
Hi HN, long time lurker, first time poster. We've been working on a new funding model for the web as we believe content creators should be paid for their hard work. satotious.com is a unique twist on paywall, users can access content b
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Show HN: Funding model for the web, users choose between ads or micropayments(satotious.com)
49 points by satotious 6y ago|43 comments
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by satotious 6y ago
Really interesting. It's good to see an opensource competitor to Google's reCaptcha.